- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
CURL: In 2014, Obama looks to divide and conquer again
Question of the Day
President Obama, fresh off a three-day weekend of golf and “climate change” scare-mongering in California, has once again turned his attention to the issue Americans care most about: Raising the minimum wage to $10.10.
Just kidding. Actually, Gallup did a poll just last week on what Americans feel is the country’s biggest problem. The Top 10 list went like this:
• Unemployment and jobs
• The economy
• Dissatisfaction with government
• High cost of health care
• Federal debt
• Illegal aliens
• Family decline
• Poor education
• Lack of money
Shockingly, raising the minimum wage for the lowest-level jobs didn’t make the Top 10. One reason, perhaps: You have to have a job before you start worrying about what you’re getting paid.
Congress created the minimum wage in 1938 during FDR’s “New Deal.” The rate started at 25 cents (that equals $4.13 in 2014 dollars). Over the last 76 years, the rate has averaged about $6.75 an hour. It hit a high of $9.37 in today’s dollars during LBJ’s “Great Society” and a low in the post-World War II boom of 1948 ($3.87 today). Then again, the unemployment rate that year was half what it is today, 3.4 percent.
About the Author
TWT Video Picks
- White House says Russia 'losing' war in Ukraine
- Hillary Clinton: Forget Obama, George W. Bush made her 'proud to be an American'
- D.C. seeks to stay judge's order allowing gun owners to carry in public
- Illegal immigrants demand representation in White House meetings
- Iraqi Christians rally at White House: 'Obama, Obama, where are you?'
- EPSTEIN: All IRS roads lead to the archivist
- Border surge puts Obama legacy on immigration at stake
- Inside the Beltway: Republican posse rides out to fire Harry Reid
- Tactical advantage: Russian military shows off impressive new gear
- KUHNER: Will Russia-Ukraine be Europe's next war?
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq