Jerome41 Wrote:
Feb 18, 2013 2:37 AM
Minimum wage adjusted for inflation, was at least 20% higher in 1962. Unemployment was 4% at the time and producvity was much less. Why could business owners pay such a higher MW then, and not now? Are opponents of an increase saying that business owners arent' as smart as they used to be? Not as good businessmen or women?