In 
1969 the minimum wage was 1.4$&#x2F;hour which works out to $10.34 in 2012 dollars.  You can go back to 1956 and see eq $8.29 or forward to 1972 @ eq $9.10 vs now at less than 7.25$ in 2012 dollars.  More recently it peaked in 2009 and has fallen every year after that currently it&#x27;s down 15%.<p>PS:  In fact you need to go back to 1949 to find a worse year than 2006.