Minimum Wage – let’s not freak out

I was a little concerned that we’re rushing to increase the minimum wage, and didn’t understand the rationale.  Then I found this site and realized that in real terms, the minimum wage today is quite a bit lower than when I was making minimum, back in the early 70s.  I still don’t believe that the minimum in Hell, MI should be the same as in SF, CA, but there’s clearly room for some growth.  Something to think about.

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