> Never was minimum wage equivalent to a living wage. “It seems to me to be equally plain that no business which depends for existence on paying less than livi

> Never was minimum wage equivalent to a living wage. “It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country." - FDR, who signed for and pushed for the initial minimum wage legislation in the US. It's really sad to see people repeat this take which is historically completely false.