Chief Prognosticator

Minimum Wage vs. Gallon of Gas

When you think about it — the minimum wage rate has really taken a beating as compared to the price of a gallon of gas. If you are making minimum wage and must drive 15 miles to work, you could lose almost one hour of wages after taxes! Think about it!

The federal minimum wage in the United States has been $5.85 per hour since July 2007. In that time, the price of a gallon of gas has increased from $2.60 a gallon to over $4.00!