Liberals Are Right About the Minimum Wage
I often hear liberals saying, “a minimum wage should give the same earning power as when it was first introduced.”
Well, in the spirit of bipartisanship, I’m happy to announce I fully agree with this position. When the federal government instituted a national minimum wage in 1938, it was set at 25¢ an hour. Adjusted for inflation (after all, only an idiot thinks a quarter goes as far now as it did 80 years ago), that would be $4.28 an hour today.
And I’d like to thank my liberal friends for pointing out the inequity in our current minimum wage structure vis a vis as it was originally intended.