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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:Anonymous Coward 83587463:MV81MTY2MDU3Xzk0OTEzNjM0Xzc5NDExQUY0] [quote:Anonymous Coward 10305692:MV81MTY2MDU3Xzk0OTEzNDQ2X0RCOEEzOTcx] [quote:Anonymous Coward 78221947:MV81MTY2MDU3Xzk0OTA2MDgwXzkzRUJBMjE2] [b]90% of jobs in USA are min wage service industry[/b] [/quote] :hesright: Yep only the top 20% of jobs pay a living wage commensurate with inflation and cost of living. The bottom 50% of jobs, at least, are literally what a high school kid or soda jerk would bother with in older generations from many decades past. They're essentially worthless for any adult who wants to build or maintain any kind of life. And has any kind of bills to pay like car, car insurance, rent/mortgage, electric, water, trash, sewar, medical/dental premiums/bills, phone/cable/internet, savings, savings for retirement 401K, random repairs etc... Totally worthless for any of that and that's AT MINIMUM HALF THE JOBS IN THE COUNTRY!!!! [/quote] We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn. Now even the minimum wage jobs will be replaced by robotics. The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code. Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive. Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive. [/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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