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Minimum Wage Inflation

No One Can Live on $7.25 an Hour

Kurt A. Gardinier | Posted 03.26.2014 | Politics
Kurt A. Gardinier

Minimum wage workers are no longer kids flipping burgers in the summer for some spending money. These are people trying to live. Many of them are trying to support themselves and their families, and they can't do it on $7.25 an hour.

Dave Jamieson

Democrats Won't Budge on $10.10 As New Minimum Wage

HuffingtonPost.com | Dave Jamieson | Posted 01.23.2014 | Politics

WASHINGTON -- While they're willing to haggle over the finer points of a minimum wage hike, congressional Democrats said Tuesday that they will not lo...

Deflating Minimum Wage Costs Workers Billions of Dollars

Ralph Nader | Posted 08.21.2013 | Politics
Ralph Nader

Today, the federal minimum wage stands at $7.25 per hour. Had it simply kept pace with inflation since 1968, it would be about $10.70 per hour, which amounts to nearly $300,000 in lost wages. So where did the billions of lost wages go?

Study: The Minimum Wage Is Worth $2 Less Today Than It Was In 1968

The Huffington Post | Posted 06.20.2013 | Business

The federal minimum wage of $7.25 is worth $2 less today than it was in 1968 when adjusted for inflation. That's one of the findings in a June study ...

Minimum Wage: Who Decided Workers Should Fall Behind?

Dean Baker | Posted 04.20.2013 | Business
Dean Baker

While giving a raise worth more than $3,000 a year to the country's lowest paid workers is definitely a good thing, it is hard to get too excited about a situation in which these workers will still be earning less than their counterparts did almost 50 years ago.

New Bill Would Hike Federal Minimum Wage To Keep Up With Adjusted 1968 Rate

Posted 06.07.2012 | Detroit

The minimum wage hasn't kept pace with inflation, according to three Democratic U.S. Congressmen. They want to correct the situation by boosting the f...