Users Online Now:
2,369
(
Who's On?
)
Visitors Today:
1,464,369
Pageviews Today:
2,116,236
Threads Today:
585
Posts Today:
11,506
05:10 PM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
I calculated based on minimum wage 30 years ago and cost of living
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 80709369:MV81MTY2MDU3Xzk0OTA4MDE5X0RCMkFENkM4] [quote:Anonymous Coward 67904014:MV81MTY2MDU3Xzk0OTA3ODg2X0NDMjczMUZF] In 1986 minimum wage was 3.35. I could buy 2 cheeseburgers fries and small coke and a pack of ciggs for this. Now not even the ciggs for 750 ....I could however still get a double cheesburger fires and a small coke for a little over half of 7.50.....Ciggs are mostly tax. Same with Gas....Gas was 89cents a gallon....or less then 1/3 of an minimum wage hour....now its 90% of a minimum wage hour....it all depends on what you tie your inflation to. [/quote] [b]I showed you peoples major expenses like car, rent etc Don’t forget we had 1 year lockdowns yet people are purchasing like everything is normal[/b] [/quote]
Original Message
I made $11/hr back in 1992 which I considered a low wage. Minimum wage in 1992 was $5.50. Federally now it’s $7.50/hr. Some states have higher. , Florida being $10/hr and California being$13/hr
Prices of things since 1992 have gone up 300-700% but the Federal minimum wage has only gone up 100%. Gas, for example, has gone up 400%. Toyota pickup roughly up 500%. Rent where I used to live in 1992 has gone up 600%. Food I’m paying probably 300% more
Based on my calculations with cost of living , the min wage should be, at least, $25/hr to be able to pay your bills
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>