Daily Archives: September 15, 2015

The Minimum-Wage Fight, Chinese Factories, and the Rise of Robot

Below is a free email from Mauldin economics that we reproduce because we couldn’t find a link to it.

September 15, 2015

I was raised on a small vegetable farm near Tacoma, Washington. My father hired lots of high school kids to work the fields in the summer.

In February of 1968, when the minimum wage was increased from $1.40 an hour to $1.60 an hour, I overheard some of my father’s employees excitedly talking about the 20-cent raise they were about to receive.

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