Project 2 revision On October 25, 1938, the United States Congress passed the Fair Labor Standards Act, which established the first mandated minimum wage. The first wage was set at $0.25 per hour, which equates to $4.55 in 2020 with inflation (2009). In 2020, the federal minimum wage is $7.25 per hour. While states have manipulated this wage to fit cost of living, $7.25 is the federal law (2020). Since 1938 the minimum wage has been increasing not only with inflation but to accommodate peoples wants for higher pay for work. In 2020, the mainstreamed new standard for minimum wage, which was set by the political left, is $15 per hour. The left proclaims that this is a “living wage” and allows people to not have to work as much to provide for themselves and their family. The political right is split between abolishing the minimum wage or keeping it the same. They claim that an increase in wages would consequently cause...