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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 1 month ago

The national minimum wage in 1968 was $1.60 which would be $12.27 adjusted to inflation in 2021, today $7.25, why is the USA so backwards?

5 Answers

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  • ?
    Lv 5
    1 month ago
    Favorite Answer

    The average CEO salary has gone up over 1,000%. 

  • 1 month ago

    maybe they dont want to pay a lot

  • 1 month ago

    min wage, adjusted for inflation since it started, should be about $4.70 today, not $7.65

  • J P
    Lv 4
    1 month ago

    There are "wage inequality" articles that can't explain it in a thousand words. But in all honesty it's a simple formula of power and greed. Giving power to the greedy is like asking to be cut and have a salted lemon rubbed into the cut. Please, could a selfish power-mad billionaire who cheats at everything from golf to marriage be my leader? As a relative often says, "Industrial Strength Stupid."

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  • yodi
    Lv 7
    1 month ago

    slave labor abides,       

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