How is this insightful? It's not even true.
Minimum wage in the US was originally $0.25/hr in 1933 (declared unconstitutional in 1935 and reestablished in 1938). If minimum wage kept pace with inflation it would have gone from $0.25 in 1933 to $4.64 today.
If you're working 40hrs/wk at federal minimum wage, then there are a lot of budgeting guides on how to live on the $1,000/month. The what I saw wasn't as detailed as I would like, but there's obviously people doing it. There are also gas stations all around me that start at 50% higher wages, but you'll have to at least be ambitious enough to be a better cashier than the ones at Walmart and McD's. If you have more ambition than being a cashier, it wasn't long ago that Mike Rowe was advertising jobs for CAT mechanics that started at $60,000/yr with training and no experience required.