4 ms·
US minimum wage reached $1/hour in 1956, or $10.25/h in 2021 dollars Since 1956, inflation adjusted GDP per capita increased by +218% All things equal, this w
by thow-58d4e8b 5y ago
US minimum wage reached $1/hour in 1956, or $10.25/h in 2021 dollars
Since 1956, inflation adjusted GDP per capita increased by +218%
All things equal, this would mean ~$66k / year for a 9-to-5 job paying minimum wage