Re: Nader, et al
On Aug 7, 2007, at 9:33 AM, Carrol Cox wrote:
There has never been an attempt in Congress to raise the minimum wage in real dollars.
Every time it’s raised in nominal dollars, it’s raised in real
dollars. Perhaps you mean to restore the minwage to late 1960s
levels, when it was close to $10/hr in real dollars (and close to
where it would be if it were at the same ratio to the average hourly
wage as it was back then - then it was around 55%, now it’s 30%).
Doug