Tuesday, August 27, 2013

Dream deferred: minimum wage was higher in '63

By Richard Eskow
Campaign for America's Future
When Bayard Rustin addressed the March on Washington in 1963 he said this: “We demand that there be an increase in the national minimum wage so that men may live in dignity.” The crowd cheered in response.
But after fifty years of commemorating that march, after thousands of reverent re-readings of Dr. King’s “I Have a Dream” speech, that dream remains deferred - and worse.
The minimum wage is lower today than it was in 1963 ... the minimum wage, when adjusted for inflation, was $8.37, a dollar and twelve cents higher than today’s rate of $7.25.

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