More money in the pockets of entry-level workers sounds great, but Rachel Greszler of the conservative Heritage Foundation argues that such workers, and the economy writ large, are hurt more than helped by increases in the minimum wage.
Minimum wage was never intended to be a living wage. In its inception in 1938 minimum wage was $0.25 an hour. Here are things that could be purchased for 25 cents in 1938. A gallon of milk, 8 postage stamps, a matenee movie ticket, 2 gallons of gas, … Rent was half a months wages. Minimum wage was never a living wage.
As part of the FLSA, the minimum wage was enacted at $0.25/hr to maintain a “minimum standard of living necessary for health, efficiency and general well-being, without substantially curtailing employment”.
FLSA also largely-restricted child labor and established an hourly work ceiling (overtime).
The minimum wage was intended to be a living wage.
The fact that you just tried to make a distinction between the two shows how far we’ve fallen.
Minimum wage was never intended to be a living wage. In its inception in 1938 minimum wage was $0.25 an hour. Here are things that could be purchased for 25 cents in 1938. A gallon of milk, 8 postage stamps, a matenee movie ticket, 2 gallons of gas, … Rent was half a months wages. Minimum wage was never a living wage.
It absolutely was, and more.
https://www.minimum-wage.org/articles/history
As part of the FLSA, the minimum wage was enacted at $0.25/hr to maintain a “minimum standard of living necessary for health, efficiency and general well-being, without substantially curtailing employment”.
FLSA also largely-restricted child labor and established an hourly work ceiling (overtime).
Better luck next time, Jimbo.
If It was intended to be a living wage then why wasn’t it enough to be a living wage?
I will refer to your own source.
You have to look past the political propaganda and hyperbole. Minimum wage was implemented to get close to a “living wage” without hurting businesses.
It shouldn’t surprise me that you blindly believe politicians.