$17 an hour would roughly align, assuming inflation doesn’t go through the roof in the next five years, with the value peak of the minimum wage in 1968 when inflation adjusted.
Which sounds nice, except when you consider that productivity has vastly outpaced wages since the late 60’s. If the minimum wage was adjusted to match productivity increases, it’d be in the $23-25 an hour range today.
$17 an hour would roughly align, assuming inflation doesn’t go through the roof in the next five years, with the value peak of the minimum wage in 1968 when inflation adjusted.
Which sounds nice, except when you consider that productivity has vastly outpaced wages since the late 60’s. If the minimum wage was adjusted to match productivity increases, it’d be in the $23-25 an hour range today.