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Topic	House votes to raise minimum wage to $15/hour by 2025
DevsBro 07/18/19 2:30:03 PM #24:	MrToothHasYou posted... For reference, at the current rate of inflation, $15/hour in 2025 is about the equivalent of about $13.50/hour today, and just under $12/hour in 2012 money, which is when the "fight for fifteen" movement started. So yeah, a little high but nothing crazy. I did an analysis in 2012 of historical minimum wage and thr corresponding CPI and found that $10/hr would have been about right. --- 53 LIII 0b110101 p16 0x35 <cite>DevsBro posted [p:924861558] in House vote... [t:77872603]...</cite> <quote><cite>MrToothHasYou posted...</cite> <quote>For reference, at the current rate of inflation, $15/hour in 2025 is about the equivalent of about $13.50/hour today, and just under $12/hour in 2012 money, which is when the "fight for fifteen" movement started.</quote> So yeah, a little high but nothing crazy. I did an analysis in 2012 of historical minimum wage and thr corresponding CPI and found that $10/hr would have been about right. --- 53 LIII 0b110101 p16 0x35</quote> ... Copied to Clipboard!
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