“Do not let any calamity-howling executive with an income of $1,000 a day, ...tell you...that a wage of $11 a week is going to have a disastrous effect on all American industry.”
President Roosevelt
“The real minimum wage is always $0.00 per hour. It always will be and that cannot be changed by any politician nor economist.”
Eighty-six years of American history says otherwise.
I don’t recall the unemployment rate ever being 0%, and if I did, I’d think DOL was lying.