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Monday Night "Total Loss" Open Thread

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lawhawk11/10/2015 8:52:56 am PST

The minimum wage by year. And adjusted for inflation.

money.cnn.com

Interesting to see a correlation between the 1950s-1965 and the baby boom, the explosive growth of the US economy and the minimum wage as measured in adjusted dollars. It was at its peak in that period.

Now, we’ve got anemic growth, and millions struggle to pay bills, but yeah, let’s shit on the poor by claiming that they don’t work hard, when they have the deck stacked against them, and these idiots think that raising the minimum wage will screw the poor, the economy, etc.

IT wont, and it hasn’t - we’ve seen what paying decent wages can do. It grows the economy.