BY ARINDRAJIT DUBE,
The minimum wage has been a poverty-level wage for decades.
“During most of the 20th century, wages in the United States were set not just by employers but by a mix of market and institutional mechanisms. Supply and demand were important factors; collective bargaining and minimum wage laws also played a key role. Under Presidents Franklin D. Roosevelt and Richard M. Nixon, we even implemented more direct forms of wage controls.” https://opinionator.blogs.nytimes.com/2013/11/30/the-minimum-we-can-do/
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