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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote=Anonymous]9:23 here. And , the value of minimum wage 50 years ago is not near the equivalent of $15 minimum wage. It was $1.60. Which is just about $10.00 in today's wages. And, few people make only minimum wage today. About half of those that do are teens. Many of the others are supplementing incomes for their families. Few are the sole wage earner in their families.[/quote] If you hadn’t noticed, MOST families aren’t supported by a sole wage earner. [/quote]
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