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07:18 PM
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I calculated based on minimum wage 30 years ago and cost of living
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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:BeelzeBob:MV81MTY2MDU3Xzk0OTEzNTM0XzdCMDdBNEFE] [quote:Anonymous Coward 79667372:MV81MTY2MDU3Xzk0OTA1Njg0XzgyQkVCNTUz] [quote:Anonymous Coward 78221947:MV81MTY2MDU3Xzk0OTA1MjIxX0YzMjAxOEE=] [b]You couldn’t survive on such a low wage[/b] [/quote] I agree that things have gone up faster than wages but ... You could never survive on minimum wage not in 1992 or 2022. [/quote] Now when everyone is clamoring for more money for doing the bare minimum job, they are expecting their own place, recent model car, money to go out and eat. Previously, people on minimum wage got roommates, drove an old piece of shit car, and didn't eat out hardly at all. But sure continue to compare Apples to Steak Dinners and scream for more money because its an entitlement and more funds are needed we'll just tax the fuck out of the middle class some more. [/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
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