See here. Interestingly enough, 1969 was right after the minimum wage was raised to its highest level in history: almost $10.00 in today's dollars. See here. Looking at this chart explains why it was so hard for teenagers like me to get jobs during the 1970s and why the job picture suddenly brightened starting in the 80s. Liberals have been hurting inexperienced workers at the behest of their Union sponsors for a long time, haven't they?
Of course Republicans have been cynically voting for what they know to be bad policy for just as long. But we're supposed to hate the weak and the poor, aren't we?
But the big question remains: is this the Hope or the Change or the Shaft?
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