you are hardly steel-manning something with a comment like that If you look at minimum wage purchasing power over time, it peaked in about 1970, with about $15

you are hardly steel-manning something with a comment like that If you look at minimum wage purchasing power over time, it peaked in about 1970, with about $15-equivalent 2025 dollars. That tracks fairly closely with purchasing power having declined 68% since the last time minimum wages were updated. Should probably tie it to inflation while we're in there