4 ms·
At least in the US this is not true. The very first minimum wage, inflation adjusted, comes out to something like $8k/yr in today's money (https://bebusinessed.
by _dps 8y ago
At least in the US this is not true. The very first minimum wage, inflation adjusted, comes out to something like $8k/yr in today's money (https://bebusinessed.com/history/history-of-minimum-wage/ https://bebusinessed.com/history/history-of-minimum-wage/).
It is simply not viable or desirable to require the lowest skill jobs to pay enough to support a family. It has never been the case that the least skilled laborers in an economy were able to support families without support from other sources (e.g. a multigenerational house).