virus: Re:Minimum wage

From: David Lucifer (david@lucifer.com)
Date: Fri Oct 24 2003 - 12:08:47 MDT

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[Mermaid] Sixty-five years ago on this day in 1938, the Federal Minimum Wage went into effect—at .25¢ an hour. Now it's $5.15 an hour.

After adjusting for inflation, that's 21% lower than in 1979.

[Lucifer] Minimum wage is one of those policies that was created with good intentions but the results are undesirable. Minimum wage should be abolished.

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