The minimum wage today is lower than in 1960’s and 70’s. I guess some people don’t know how to adjust for inflation.
So what? Adjusted to real life in Mexico, U.S. minimum wage is still darned good money down there, and adjusted for inflation, minimum wage is still the number one job killer for U.S. teens.
MINIMUM WAGE IS CONTRARY TO FREE MARKET BALANCE. Minimum wage stifles the ability of kids to learn a work ethic, when they start out getting paid more than what their job is worth in true market value. Minimum wage is one of the things that makes it just plain too expensive for small businesses to employ teens.
I guess some people don’t know how to adjust for inflation.
I guess some people don't know how to adjust for creeping socialism and hard cold reality.