okpolicy.org
Minimum wage isn’t what it used to be – it’s worse - Oklahoma Policy Institute
The federal minimum wage was established in 1938 at 25¢ an hour (about $4.26 in today’s dollars). Since then it’s been adjusted 29 times to keep up with inflation and rising living standards. The most recent change was in 2009, when the minimum wage increased to $7.25 an hour — but that hasn’t been enough…