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> minimum wage is down substantially in real terms.

I don't know if perhaps it is where you live, and regionally lots of things vary a lot, but in California:

2010 MW was $8. $8 in 2010 is worth $11.58 in 2024 dollars according to a BLS calculator.

Today the minimum wage is either $16 (or $20 if you work in fast food for some reason)

Minimum wage is up substantially in real terms here.



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