If the minimum wage of fifty years ago—$1.60 per hour—were adjusted for inflation, today it would amount to… — Ralph Nader

If the minimum wage of fifty years ago—$1.60 per hour—were adjusted for inflation, today it would amount to about $11 per hour. A long-overdue minimum wage hike would... end a decades-long windfall for employers... while [they were also] receiving many tax breaks and subsidies.

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