Blame inflation.

The minimum wage isn't going up. Instead, it's quietly going down.

The federal minimum wage is higher than it's been in years, but the actual value is heading downward.In an election-year bid to curry favor with working-class families, President Obama and other Democrats are pushing to raise the minimum wage.The current rate of $7.25, set in 2009, is the highest it's ever been. But when adjusted for inflation, it's actually lower than the high in 1978 of $9.49 and returning to the rates typical of the 1990s.A Senate bill, backed by ...

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