Minimum wage would need to be over $13 accounted for inflation alone or at $66 for purchasing power to match the economy in the 70s. We’re entering a worse depression than 100 years ago
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Anonymous#13w
$66 is what you’d need to purchase a home back then it wasn’t minimum wage or the average salary. That whole $66 is stupid. Anyways, wage-price spiral look it up. If we raise minimum to $66 there will be such an increase in price of goods.