Upon inception it was set at $0.25. It is now $7.25.
inflation-adusted, the federal minimum wage peaked way tf back in february 1968 at $1.60 an hour (equal to $13.46 in ‘2022 dollars’).
Just when boomers were young (8-23 yrs old) … totally tracks!
Looking at the linked graph, there’s a relatively clear plateau from ‘56 to ‘80 … basically from oldest boomers being age 11 to youngest boomers being age 20. I’m a little astonished at how well it lines up with the whole fucking generation. Literally all of them, from the beginning of their teens to the end of their teens (at least), enjoyed the best minimum wage of the modern age.
It also, interestingly, justifies the seperate categorisation of the Jones generation (born 1960-1966) who were the first to see the steady decline.
Minimum wage is simply the lowest full time salary a company can legally get away with paying. Nothing more, nothing less.
I’m primarily talking about large corporations that make millions and billions, yet claim they can’t afford to pay more than minimum wage.
And we are in by far the longest stretch of no increase. Thanks biden and democrats.
Lmao Biden and the Democrats? Are you high? Part of Bidens covid relief bill included a $15 minimum wage. It was struck out of the bill by a vote of 58-42. A grand total of 7(well, 6, since Sinema isn’t a Dem anymore and never really was) democrats voted against it. EVERY SINGLE REPUBLICAN voted against it.
Now tell me, why is it “Biden and the Democrats” fault when they actually try to improve things but fail(even if the 6/7 nay dems had voted yeah, that’s still at best 49 yeahs), but never Republicans fault when they actually DO vote in lockstep to prevent any democrat endorsed legislation from passing, and when a significant percentage of them are actively trying to strip rights away from people?
Oh, I forgot to mention; while Biden doesn’t have the executive power to unilaterally raise the national minimum wage, he DOES have the power to raise the minimum wage for employees of the federal government, which… he did.
Oh right, that time we learned the senate parliamentarian exists. The convenient scapegoat for why dems failed again.
Republicans are shit, but republicans lost. This was a wholy dem controlled government, theres no one left to blame but dems.
This was a wholy dem controlled government
Composition of the United States House of Representatives from 1983 to 2023, by party affiliation
The 118th Congress was sworn-in in January 2023, with the Republicans holding a majority with 222 seats. In this year, the Democratic Party was in control of the Senate and the Presidency.
Another view on the same facts…
118th Congress House Lineup: 221 Republicans, 212 Democrats, 2 Vacancies
117th congress
And we are in by far the longest stretch of no increase. Thanks biden and democrats.
The 118th Congress could do something about that today.
If that were true, we’d expect to see red states with higher minimum wages than blue states, no?
I aint mentioned republicans. Them being shit doesnt give dems a pass to also be shit
don’t blame them. you need the white house, the house, and 60 votes in the senate to get most legislation through and into law.
60 votes thanks to democrats being fine with the filibuster. They had the ability to get rid of it in favor of simple majority.
