When is $1.62 worth more than $17.44?
Seventy some years ago, carpenters working on the construction of the NIH campus in Bethesda made a mere $1.62 per hour. Carpenter apprentices made even less. Fast forward to 2011 and carpenters working on the restoration of Building #3 on the campus were paid a prevailing wage rate of $17.44 per hour. That’s a big difference …