Dec 4, 2013 ... That means that while a federal minimum wage in 1968 could have lifted a family  of three above the poverty line, now it can't even do that for a ...
Nov 21, 2016 ... The minimum wage in Mexico doesn't cover a family's basic needs. ... In  developing economies such as Chile and Brazil, for example, high ... transfers of  productivity gains like those of the 1950s and 1960s. ... Most have used  conditional cash transfers to lift poor people out of poverty. ... You might also like.
Apr 26, 2017 ... In 2016, the federal minimum wage of $7.25 was worth 10 percent ... wages so  that each year, the minimum wage would automatically be ..... since the late  1960s, yet pay for workers generally and for low-wage .... minimum wage was  sufficient to keep a family of three out of poverty, but not a family of four.
Jan 4, 2017 ... Even though the federal minimum wage has remained at $7.25 an hour since ...  D.C. Organized labor and anti-poverty groups continue to push for $15 an ... “one  would expect America … to pay a minimum wage around $12 an hour.” ... The  real value of a $15 minimum wage depends on where you live.
Dec 19, 2013 ... that would raise the federal minimum wage in three incremental increases ...  inflation, so that as prices rise in subsequent years, the minimum would ... wage  to roughly the same inflation-adjusted value it had in the late 1960s. .... minimum  wage has not fallen to exceptional lows out of economic necessity.
In the 1950s and 1960s, "the minimum wage was such that it would lift you out of poverty."