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elmcitymaven

Walmart Closures Have Conspiracy Theorists Going Nuts

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Is it any coincidence that the Vermont camp is right up near Lake Champlain? Maybe the whole "Beaches Of Ankara" thingy was just a smokescreen and a certain cabbie is secretly locked away in a FEMA camp with rabid RUB chicks??

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Filed: K-1 Visa Country: Denmark
Timeline

In 1948 the minimum wage was $0.40

In 2010 the minimum wage was $7.25

The "adjusted for inflation figures in 2013 dollars" are:

1948 - $3.87

2010 - $7.75

Therefore I assume this UNLABELED graph is using figures adjusted for inflation.

My problem is that the adjusted for inflation minimum wage appears to have peaked sometime around 1968 at $10.78.

So where is this "peak" in wages on the SIMPLE graph you posted?

It's also impossible to accurately measure "productivity" over these years due to technological advances. Yes, we can get more done today but we do so with the help of computers, automated processes and so on.

I'm sure you'll come back with some argument that this graph is not about "minimum wage" but other wages. If so, link please.

http://money.cnn.com/interactive/economy/minimum-wage-since-1938/

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