In 1963 one hour at minimum wage would gross enough to buy lunch for three,I don't know about that but I do know it would have been enough for about 5 gallons of gas at a full serve "service station" where the "service station attendants" were likey paid minimum wage.
As if all price increases are the result of the minimum wage.
It's more than pathetic to read about Wall Street divying up BILLION$ amongst themselves as if they actually earned it and investors patting themselves on the back for record high stock market earnings while crying about how the lowly minimum wage worker is going to ruin their lives...
I don't know about that but I do know it would have been enough for about 5 gallons of gas at a full serve "service station" where the "service station attendants" were likey paid minimum wage.
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The five gallons sounds about right. Minimum went to $1.25 that year. In the town where I went to high school a nice cheeseburger could be had for a quarter, a drink was a dime so three people could have a cheeseburger and drink for $1.05 leaving twenty cents to buy fries if you wanted them. Even if you wanted something more you could have bought lunch for two very easily with $1.25. I have to look long and hard now to find lunch for one for $5.15.