McClatchy-Tribune: Holly Sklar, Minimum wage back to 1950 level on 75th anniversary
McClatchy-Tribune Op-Ed by Holly Sklar, CEO of Business for a Fair Minimum Wage
"The minimum wage has put a floor under workers’ wages since taking effect 75 years ago on October 24, 1938. But at $7.25 an hour, today’s federal minimum wage is the same as it was in 1950, after adjusting for inflation. ... When a growing share of workers make too little to buy necessities – much less afford a middle-class standard of living – it hurts Main Street businesses and our communities."