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Faux News' Neil Cavuto basically makes the argument that there shouldn't be any minimum wage whatsoever and that people should be happy with whatever they're offered... 

By: oldCADuser in FFFT | Recommend this post (4)
Sat, 03 Aug 13 4:09 AM | 84 view(s)
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...and then he makes his point by relating a story about how he was more than happy making only $2/hour back in 1974 when he was a 16 year old living in Connecticut. The problem is that if that $2 was adjusted for inflation, it would be nearly $9.50/hour today. However, the current minimum wage in Connecticut is only $7.25, and even the highest minimum wage in the country, in Washington state, is still almost 30 cents less than what Cavuto's inflation adjusted wages would be today:

http://www.rawstory.com/rs/2013/07/31/fox-news-neil-cavuto-workers-should-be-grateful-for-whatever-jobs-they-can-find/




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