Upon inception it was set at $0.25. It is now $7.25.

  • @Pottsunami
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    691 year ago

    There are lies, damn lies, and then there’s statistics.

    Im not here to say the minimum wage doesnt need to be raised, because it does, but another way of putting that is

    “The minimim wage has increased 1500% in 85 years.”

    That sounds a lot better even though its the same thing.

    • @WHYAREWEALLCAPS
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      841 year ago

      Meanwhile the cost of living has increased 2077% in 85 years.

    • @Brickhead92
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      101 year ago

      Wow! That’s almost as much as a CEO increases in 3 months!

    • @drbi
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      81 year ago

      Thanks for making me chuckle.

      • @Not_Alec_Baldwin
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        1 year ago

        7.25 / 0.25 is indeed 29, therefore a 2800% increase is correct.

        Thus, another dishonest way of stating this number is that it has increased almost 33% for each year since it was first implemented. (Not per year)