ramzeusApr 21, 2023
Robert Reich

Federal minimum wage in:

2009: $7.25
2010: $7.25
2011: $7.25
2012: $7.25
2013: $7.25
2014: $7.25
2015: $7.25
2016: $7.25
2017: $7.25
2018: $7.25
2019: $7.25
2020: $7.25
2021: $7.25
2022: $7.25

The result: It's now worth 41% less today than it was in 1968.

Apr 21, 2023 at 2:37amWeb
Show threadKanaMaunaApr 21, 2023

@rbreich

Politicians always like to pretend like inflation is not a thing.

Show threadSarcasmoApr 21, 2023
@rbreich The Poors you shall have with you always - but Ted Cruz or Kevin McCarthy are only going to be around for so long and that's it...
Show threadHobbyBluesDrummerApr 21, 2023
@rbreich just a modern form of slavery
Show threadLeftyLabourTechTorontoApr 21, 2023
@rbreich And Joe Biden didn't raise it when he had the opportunity to do so because his administration was terrified of the Senate Parliamentarian.
Show threadArt Saves Us AllApr 21, 2023

@rbreich

This is not a problem for the 1%, CEO's or recipients of corporate welfare.

Show threadTim SheppardApr 21, 2023
@rbreich we need a living wage, not a minimum wage!
Show threadIan StuartApr 21, 2023
@eviltim @rbreich
Why not both?
Show threadToni M.Apr 21, 2023

@rbreich

Wow, this is eye opening

😠

Show threadVagan FlossApr 21, 2023
@rbreich https://www.dol.gov/agencies/whd/minimum-wage/state
State Minimum Wage Laws

DOL
Show threadcowboybanjobiker 🤠🪕🚴Apr 21, 2023
@rbreich OK, sure!! But what was the U.S, Congressional wages over that time? I'm sure they were getting paid $7.25 too! /s
Show threadMikeWaghorneApr 21, 2023
@rbreich What has happened to Congress pay over this time?
Show threadSFborn1940Apr 21, 2023
@rbreich It's OK because we have to pay for tax breaks given to billionaires.
Show threadramzeusApr 21, 2023
@rbreich no wonder people start selling drugs
Show threadKoray Karatay (MD,Scifi maker)Apr 21, 2023
@rbreich Sorry but American society is broken with his understanding of life.
Show threadVoronApr 21, 2023
@rbreich @JamesGleick but hey man the democrats have been working for us right 👍
Show threadGuerillaGrueApr 21, 2023

@rbreich I was looking up dollar values the other day for comparison on prices of things, with a target date of 1964.

1 USD in '64 was roughly equivalent to 10 today. The federal minimum wage was 1.15. So, roughly 11-11.50 nowadays.

So, purely in inflationary terms, yes: legal minimum wage is barely over *half* what it was in 1964 now.

Show threadBc Clarity Carlton-MartinApr 21, 2023
@rbreich Stop the clock. Cash in your silver dollars. Buy seeds of change.
Show threadKingoftheWhackadoodlesApr 21, 2023
@rbreich It's almost like no one wants to raise it. Thankfully, some states have a higher minimum wage, by a lot in some cases, than the federal.
Show threadJustMeApr 23, 2023
@rbreich It’s $21.38 in Australia ($US14.30), still not enough to eat healthy food or pay rent.