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.
This is true, $7.25 is not enough for people to live on. At first this was understandable because this was an ok amount for teenagers to experience their first job, but with unemployment rates high, people are forced to deal with minimum wage to make a living. This is not enough for them