Comment Re:Oh, boy! (Score 1) 287
The underlying data (through 2012) is here. Minimum wage (in 2012 $) peaked in 1968 at $10.34, has averaged (from 1938-2012) $7.09/hour in 2012 $.
In inflation-adjusted terms, the minimum wage was lower than current levels until 1956, above current levels from 1956 to 1984, and then mostly below current levels again since 1984 (with the exception of 1997-1998).