mtorbert Wrote:
Aug 22, 2012 2:18 AM
That isn't how it works. You can't just apply a blanket inflation to every individual value. For instance, comic books cost $.10 in 1965, they cost $5.00 now, not $.80. Also, the mid-60s saw the highest real value of the minimum wage during its history. You can say it's lower now than it should be, but history says it was actually higher then than it should have been.