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"hourly rate of not less than $27.63". Why hasn't the gov't figured out inflation adjustment yet? Laws are supposed to make sense indefinitely. In 30 years, tha
by tlb 15y ago
"hourly rate of not less than $27.63". Why hasn't the gov't figured out inflation adjustment yet? Laws are supposed to make sense indefinitely. In 30 years, that may be less than the minimum wage.
- smackfu 15y agoFun fact: it used to be codified as 6.5 times minimum wage, but was changed in 1996 to be fixed at 6.5x the current minimum wage of $4.25, which is why it is such a random seeming number. If the law had not been changed in 1996, the current value would be $47.12 per hour, which would exclude many more hourly workers. http://thomas.loc.gov/cgi-bin/query/z?c101:S.2930.ENR:/ http://thomas.loc.gov/cgi-bin/query/z?c101:S.2930.ENR:/