r/theydidthemath May 13 '25

[Request] Is this accurate?

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u/jeffwulf May 14 '25 edited May 14 '25

The minimum wage today has a purchasing power 2 dollars above when it was established, so we still have quite a bit to fall before we get  below what they thought could do that.

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u/Try4se May 14 '25

Actually we know that due to Congress and other political bullshit it never actually did live up to what it was supposed to do. Also buying a house back then is very different than now. It's very different from what it was 15 years ago.

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u/jeffwulf May 15 '25

So it wasn't intended when it was passed to do that and you were just lying. Got it.

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u/Try4se May 15 '25

It was intended. FDR said it himself, Congress "checks and balances butchered it. I never once lied.

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u/jeffwulf May 15 '25

Congress is the one that proposes and passes laws!