My research shows Federal minimum wage at $1.60 in 1968 - perhaps a correction might be in order, or more explanation?
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Real dollar value adjusted for inflation
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Bernie’s the only candidate who is going to cancel it all.
#Bernie2020pic.twitter.com/eAWHQ8CaZp
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Will the people that already responibly paid their debt get reimbursed?
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Min wage was $1.60. If you want to compare to a 5X increase in tuition, min wage should be $8 an hour.
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Both values were adjusted for inflation to reflect modern dollars.
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$2,000 in 1965 is equivalent in purchasing power to about $16,315.81 in 2020
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That 2000 is adjusted for inflation already.
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#lies. The minimum wage in 1968 was a $1.60. -
The equivalent to ~$10 ($11.65) in today’s money (though he could have specified)
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Čini se da učitavanje traje već neko vrijeme.
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In 1965, public college tuition was $2,000 a year. Now it’s $10,000.
In 1968 the minimum wage was $10. Now it’s $7.25.
If we're not supposed to learn from other wealthy countries, we can sure as hell look at policies America had 50 years ago, when we were half as rich.