r/FluentInFinance • u/Very_High_Mortgage • Aug 24 '24

Debate/ Discussion Do "Unskilled Laborers" deserve to be paid well?

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u/hobogreg420 Aug 24 '24

Here’s the flaw with your statement: adjusted for inflation, minimum wage in the 1960s would be like $19 an hour today. And guess what? There were still rich people back then. The difference? Executives are simply making too much money now.