So the $7.25 minimum wage isn't far behind, and within a 10% variance.
link: 1938
How Much things cost in 1938 Average Cost of new house $3,900.00 Average wages per year $1,730.00 Cost of a gallon of Gas 10 cents Average Cost for house rent $27.00 per month A loaf of Bread 9 cents A LB of Hamburger Meat 13 cents Average Price for new car $763.00 Blanket $5.00 Liptons Noodle Soup 10 Cents
So the $7.25 minimum wage isn't far behind, and within a 10% variance.
is that your experience talking?![]()
5 years earlier it was $10.50/hour (in 2012 dollars), which would be a living wage today... so there goes the "never meant to be"...
Interesting.
Started as the equivalent of about $4.00/hr in 2012 dollars.
that was a living wage?
How do your arguments apply to my saying it was never intended to be a living wage?
Was it raised for that purpose?
What factors are they considering to raise it?
I'm sorry, but none of your arguments merit the claim it is meant as a living wage.
Well the CBO says raising the minimum wage to $10.10 will cost 500,000 jobs and raise 900,000 people out of poverty. Resulting in less than a 1% decrease in the poverty rate. Not exactly what you asked but if the goal is to lift people out of poverty it would seem that raising the minimum wage is not all that effective. Perhaps real reform to our education system would be wiser, even if it isn't as effective at energizing the base.
FLSA and Minimum Wage Standards
The Fair Labor Standards Act passed by the Roosevelt administration in 1938 had a profound effect on the wages paid to American workers. The FLSA set a 25-cent-per-hour minimum wage and a 44-hour workweek ceiling for most employees, according to Time magazine online. The act states that wages must ensure a minimum standard of living necessary forhealth, efficiency and general well-being, without substantially curtailing employment. It also bans child labor.
it's your claim "it was never meant to be a living wage".... despite at times it was.
letjusticeroll.org/news/001148-why-were-minimum-wage-laws-established
Let the obfuscation begin....
I would agree that raising the minimum-wage is a bad way to tackle poverty, which is a much more complex problem. That doesn't mean the minimum-wage shouldn't be a livable wage.
Cornell link: The Minimum Wage: An OverviewThe purpose of the minimum wage was to stabilize the post-depression economy and protect the workers in the labor force. The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees.
That isn't what we consider a living wage.
It never was. Of course, throughout history, you have those who try to convince people it should be and try to make it so.
If people are given everything on a silver platter, then what is there to motivate them to do better?
Do you believe Utopia is obtainable?
9 bucks an hour is not a silver platter, knucklehead.
It should also be noted that some states already had similar laws that predate it, specifically addressing sub-standard pay for women and children.
Yup....and some states still have min wage statutes below the fed level.
some states still look the other way on child labor too...
Wild Sophist strikes again.
did you see his "Obama flag" in the other thread?![]()
Thx for letting me correct my typo before quoting me EN- !
Yeah, I'm not quoting you anymore because you're a meanie![]()
Its my phone wallpaper tbh.
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