About half that actually, about $12 according to inflation calculators and news articles.
Inflation has been the talk of the town recently with the annual Consumer Price Index (CPI) recently hitting a 40-year high of 9.1%. However, for financially squeezed families, rising prices are only one half the story. As the cost of everything from fuel to food increases, the value of the dolla
www.forbes.com
The $3.80 minimum wage I made in the 80s has the same purchasing power as $10 an hour now.
I know people like to think we had it easy in the “good ol days” but we faced the exact same struggles as today. That’s not to say it should continue that way but there’s a huge difference between barely surviving and a comfortable lifestyle with no stress.
I did see a couple articles that said minimum wage adjusted for “productivity” should be $20+ though so I see how you mistakenly got that number. That’s a totally different thing than adjusted for inflation though.