The Gasoline Index

In 1968 an hour’s pay at minimum wage ( $1.60)  would buy almost 5 gallons of gasoline (@ $0.33/ gal.) but today in Eureka an hour’s minimum wage ($8.00) will buy a little less than 2 gallons of gasoline (@ $4.37 per gallon.)

If the minimum wage had been increased at the same rate as the price of gas, the minimum wage would be over $21.00 per hour today.

http://www.infoplease.com/ipa/A0774473.html

http://fairwages.org  info @ fairwages.org

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