This ceases to be an intellectual exercise once you realize:

a) US min. wage was 5 silver quarters ($1.25) in 1963

b) Those 5 silver qtrs are worth $25 now

c) US CPI calculations say that $1.25 is only worth $10.81 now

d) The $14.19 difference☝️has gone to the US top 10%

e)… https://t.co/JJ1giXnN2D

— Luke Gromen (@LukeGromen) January 9, 2024