We Want Elizabeth Warren The minimum wage was doubled in 1949. "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." —Eleazar David Melendez, The Huffington Post
Posted on: Wed, 28 Aug 2013 13:52:56 +0000