> minimum wage ought to be $12-13/hour if it had simply been adjusted for inflation The federal minimum wage in 1960 was $1.00 [1]. Adjusted for inflation, $1

> minimum wage ought to be $12-13/hour if it had simply been adjusted for inflation The federal minimum wage in 1960 was $1.00 [1]. Adjusted for inflation, $1.00 in 1960 is equivalent to $8.86 in 2021 [2]. [1] https://www.cnn.com/interactive/2019/business/us-minimum-wage-by-year/index.html https://www.cnn.com/interactive/2019/business/us-minimum-wag... [2] https://www.dollartimes.com/inflation/items/1960-united-states-minimum-wage https://www.dollartimes.com/inflation/items/1960-united-stat...