Back in 1961, I worked at Nedicks at Time Square, in New York City. I sold mostly hotdogs and sodas. Nedicks made a great hotdog and they did a thriving business. At that time, hotdogs cost 15 cents each and I made the minimum wage of $1 per hour. Then one day, it was announced in the papers that the government was raising the minimum wage to $1.15 per hour. The very next day, Nedicks raised the price of hotdogs to 25 cents each, and a week later I was let go. Prices that were not controlled by our government went up also.