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The minimum wage in 1938 was worth about $5.44 in today’s money. The peak minimum wage adjusted for inflation was in 1968 which would have been worth $13.46 in today’s money
He is actually correct. The math does check out.
The minimum wage in 1938 was worth about $5.44 in today’s money. The peak minimum wage adjusted for inflation was in 1968 which would have been worth $13.46 in today’s money
https://en.m.wikipedia.org/wiki/Minimum_wage_in_the_United_States