More Than Half of Us Make Less than Minimum Wage

Do you think you deserve more than minimum wage? Recently, it was pointed out that if it had grown as much as US productivity, minimum wage would be $21.72 per hour instead of the $7 or $8 dollars it currently is, depending on where you live. But, hold on! If you earned $21.72 per hour and worked full time, you'd earn $45,178 per year. The current real disposable income in the US is around $37,030. In other words, more than half of the people in the US are making less than what someone with minimum wage earned in 1968. And we wonder why we feel squeezed and have trouble making ends meet. Duh.