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trevor32192 t1_j5ucrrh wrote

Reply to comment by Adventurous-Text-680 in CEO pay has skyrocketed 1,460% since 1978: CEOs were paid 399 times as much as a typical worker in 2021 by sillychillly

This isnt rocket science. The minimum wage is just as difficult to pass aparently because it hasn't budged in 30 years.

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Adventurous-Text-680 t1_j5uslak wrote

False

https://www.dol.gov/agencies/whd/minimum-wage/history

> The 2007 amendments increased the minimum wage to $5.85 per hour effective July 24, 2007; $6.55 per hour effective July 24, 2008; and $7.25 per hour effective July 24, 2009. A separate provision of the bill brings about phased increases to the minimum wages in the Commonwealth of Northern Mariana Islands and in American Samoa, with the goal of bringing the minimum wages in those locations up to the general federal minimum wage over a number of years.

States are free to increase minimum wage as well and many do regularly.

https://www.paycor.com/resource-center/articles/minimum-wage-by-state/

The problem is that minimum wage usually doesn't mean livable wage and livable wage is very different based on the local cost of living for the area. NYC and DC need higher living wages than say some rural town in Alabama. It's why the federal minimum doesn't change as often.

So let's not pretend that minimum wage hasn't increased in 30 years when it's not even true federally let alone for many states. Especially when a significant portion have much higher minimum wage (some twice as much or more).

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