"A minimum wage of $7.25 is not enough to live on. Full-time minimum-wage
workers today earn about $15,000 a year. In 1968, they earned about
$20,000 per year in today's dollars. While certainly not enough for a
life of luxury, it is enough for a family of three to stay above the
poverty line – which can't be said for today's minimum-wage workers." [
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