> Hell, adjusting the 70's minimum wage to today's dollars puts it at like $24...
Bullshit...the unqualified assertion doesn't even pass a ballpark sniff test using Department of Labor's historical federal minimum wage rates[1] and Bureau of Labor Statistics' CPI inflation calculator[2] against Feb 2022 buying power.
| Eff Date | Rate | Today |
|----------|------|-------|
| Jan 1970 | 1.60 | 12.01 |
| May 1974 | 2.00 | 11.68 |
| Jan 1975 | 2.10 | 11.44 |
| Jan 1976 | 2.30 | 11.74 |
| Jan 1978 | 2.65 | 12.03 |
| Jan 1979 | 2.90 | 12.05 |
Bullshit...the unqualified assertion doesn't even pass a ballpark sniff test using Department of Labor's historical federal minimum wage rates[1] and Bureau of Labor Statistics' CPI inflation calculator[2] against Feb 2022 buying power.
[1] https://www.dol.gov/agencies/whd/minimum-wage/history/chart[2] https://data.bls.gov/cgi-bin/cpicalc.pl