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Anyone know how the US minimum wage was first calculated?

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intheflow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-02-05 04:06 PM
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Anyone know how the US minimum wage was first calculated?
I remember hearing one time that it was calculated based on food and clothing costs, but didn't take housing cost into consideration. Is that true? And if so, could that initial omission be something that's been perpetuated without thought or even common knowledge?
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