Doubling the Minimum Wage is not unprecedented... "So it was in - TopicsExpress



          

Doubling the Minimum Wage is not unprecedented... "So it was in 1949, when President Harry Truman (D) declared the federal minimum wage ought to be nearly doubled, from 40 cents an hour to 75 cents. Using a measure of what minimum-wage earners could purchase with that amount compared with the rest of society, the 1949 increase is roughly the equivalent of a wage today jumping to $10.70 from $5.70."
Posted on: Wed, 28 Aug 2013 12:56:33 +0000

Trending Topics



Recently Viewed Topics




© 2015