Tag Archives: Finances

Minimum Wage Was Once Enough To Keep a Family of 3 Out of Poverty

Minimum Wage Was Once Enough To Keep a Family of 3 Out of Poverty

In 1968 the federal minimum wage was enough to keep a family of 3 out of poverty!  Think about that for a minute.  Today’s federal minimum wage, $7.25 / hour.  80 hours of work, you take home $475 after taxes.  $240 a week…

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