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Trump can't even wait 24 hours before marching Left. This is what we've been telling you about!


Quote:A livable wage and sensible regulations... So then I provided you how the wages have decreased based on purchasing power over time... But during Eisenhowers period, it was pretty respectable... Here's the link AGAIN!!!! <a class="bbc_url" href='https://www.fas.org/sgp/crs/misc/R42973.pdf'>https://www.fas.org/sgp/crs/misc/R42973.pdf</a>


Additionally, Eisenhowever himself was looking to increase the minimum wage, here's a quote from his State of the Union Address in 1955 First, in the past five years we have had economic growth which will support an increase in the Federal minimum wage. In the light of present economic conditions, I recommend its increase to ninety cents an hour. I also recommend that manyothers, at present excluded, be given the protection of a minimum wage.



Whether or not you like the term livable wage and sensible regulations, it's clear that republicans before Reagun saw it's importance. And additionally, you are still trying to skip out and deflect from this point. I will not let you get away with it, my good friend.


Let me get away with? Loll.


by the quote u cited Eisenhower saw economic growth as the driver of the condition to raise the minimum wage. You are correct, in 1955 Eisenhower raised the minimum wage from $.75 to $1. At the time annual GDP was roughly 2.5 trillion dollars. Today GDP is roughly 16.5 trillion. So indexed to economic growth it would be roughly $6.6. Depending on which calculator of inflation you use then purchasing power of that dollar is roughly about 8.50. 7.25 falls right in line with both adjustment for growth and inflation.


If you would like to see it raised in direct concert with inflation then that's a conversation we have and i might even agree with you.


Nut to use the minimum wage under Johnson (all time inflation adjusted high) to try and paint a picture of Eisenhower policy is disingenuous at best.
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Trump can't even wait 24 hours before marching Left. This is what we've been telling you about! - by jj82284 - 05-11-2016, 09:28 PM



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