the minimum wage is "lower right now than it was when ronald reagan took office."
the minimum wage is "lower right now than it was when ronald reagan took office."
barack obama
jul 22, 2016 ... and its value has declined over the past few decades: since ronald reagan took  office in 1981, the value of the minimum wage has fallen by nearly 20 percent,  and since 1968 – when the purchasing power .... if now it is determined that due  to inflation the rate per hour is too low, of course it must be raised.
dec 4, 2013 ... ... that in real terms right now is below where it was when harry truman was in  office," obama said in an address at the center for american progress, a liberal  think tank. we have previously checked an obama claim that the minimum wage  is "lower right now than it was when ronald reagan took office.
feb 12, 2014 ... the inflation-adjusted value of the minimum wage has fallen by more than a third  from its peak and is currently about twenty percent less than it was when  president ronald reagan first took office in 1981. the minimum wage helps  support family incomes, reducing inequality and poverty—especially for ...
jan 29, 2014 ... "today, the federal minimum wage is worth about twenty percent less than it was  when ronald reagan first stood here," obama said of the former president. it's a  point obama ... and by reagan's last state of the union, the minimum wage was  $2 less than when he first took office, if you factor in inflation.
oct 6, 2016 ... low-wage workers are taking home less in real terms than previous generations.  adjusted for inflation, the value of the minimum wage has fallen by nearly a  quarter from its peak value in 1968. it's also now about one- fifth less than it was  when president reagan took office. today, a full-time minimum ...