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I calculated based on minimum wage 30 years ago and cost of living

 
Anonymous Coward
User ID: 83703932
06/21/2022 12:19 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
yoda
Anonymous Coward
User ID: 83667339
United States
06/21/2022 12:20 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
In 30 years the min wage went up 50% but cost of things went up 300-700%
 Quoting: Anonymous Coward 78221947


Easy access money... example: credit cards.. became popular 30+ years ago. Then the rise of using your home as a "bank" via equity. Prices can go up for just about everything if people have various types of borrowing power.

People will also pay whatever as long they think payments are affordable in their minds. That's the first thing people care about when looking for new/newer vehicles. "What's the payment going to be?" Look at all the rent-a-center type of chains that exist. People will pay 2 to 5x the cost of something so that they can make payments.

The middle and lower classes existence is an illusion. It's all based on debt on things that most don't really own. When the WEF said you won't own things and be happy... well that's already been around for a long time.
Anonymous Coward
User ID: 74642967
United States
06/21/2022 12:22 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Hopefully not anytime soon, I’m 43, own my own business and have hired and fired dozens of folks. In my short years on this earth, I’ve learned the more you pay someone that doesn’t possess many skills, education, talent, the more complacent and lazy they become. You have to reward hard work. I don’t mind paying you $20 an hour, but if you spend 3 hours a day on your phone, calling your boyfriend’s parole officer, or Tik Toking, you’re fired. I don’t like to waste time or money.

Good luck to you blue hairs looking to make $20 an hour and sit back and Instagram all day, you won’t last. You’ll quickly be replaced by someone older, willing to work, and someone that needs the job.

Good luck with life if you think this world owes you anything. Your hopes of an inheritance from your broke parents (broke because they just paid off your third DWI and baby momma’s second abortion). Just good luck. Oh yeah, and, San Dimas High School Football rules!
 Quoting: Anonymous Coward 74642967


I retired at 38. You're very generous. My gardener does less than 2 hours of work a month for $115/month and I think I'm overpaying.
 Quoting: Anonymous Coward 79336278


I gotta ask, how did you retire at 38? Military? Sell a company? Inheritance? Lotto? Or, did you work minimum wage jobs? That last one was sarcasm for those on minimum wage; they’re a little slow you know…
Anonymous Coward
User ID: 58816298
United States
06/21/2022 12:23 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
It is not even the minimum wage anymore. The same job I was doing in the 2000 for 60k pays the same in 2022. Everything has close to doubled in price.
Anonymous Coward
User ID: 81605709
United States
06/21/2022 12:26 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
OP of course is right.

They are making slaves of Americans.
 Quoting: Anonymous Coward 79667372


They MADE slaves out of Americans DECADES ago!

WAKE UP!
Anonymous Coward
User ID: 78381574
United States
06/21/2022 12:26 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Find a trade that you’re good at and try to see if there’s a degree that can further help you expand on it, no one should settle for minimum wage and I understand sometimes it’s the only thing that is available but if it’s that bad try to find a second job until you find a skill/ trade that you’re talented in and gain experience. Unfortunately this life isn’t fair but there are ways to set the odds in your favor. You just have to put your focus on the right things and not expect too much in return and i can assure you things will get better. Best of luck go all!
Anonymous Coward
User ID: 79583238
United States
06/21/2022 12:33 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum Wage was never meant to provide adequate living conditions, it is a bare MINIMUM, a starting point for you to work hard, get promoted, get pay raises, etc. Teenagers working at McDonald’s, that’s what it’s meant for.

If you are an able-minded adult complaining about minimum wage, you are a Tard.
 Quoting: Vapor Trails


Wages and salaries have been suppressed and dropping. There are companies out there that want educated technicians to work for minimum wage right now.
I can look at Indeed and see all the companies that want engineers to work at 50k or less salary.

This isn't just entry level work anymore, it's a joke.
Anonymous Coward
User ID: 80859772
United States
06/21/2022 12:34 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum Wage was never meant to provide adequate living conditions, it is a bare MINIMUM, a starting point for you to work hard, get promoted, get pay raises, etc. Teenagers working at McDonald’s, that’s what it’s meant for.

If you are an able-minded adult complaining about minimum wage, you are a Tard.
 Quoting: Vapor Trails


Yeah, so for you and others in here going on about minimum wage, you're missing the point. OP isn't saying that minimum wage is or should be the basis for being able to afford a livelihood, he's merely pointing out that all wages (using minimum as a benchmark), haven't kept up with the rest of the economy, with the price of literally everything else skyrocketing in comparison.
Anonymous Coward
User ID: 79475561
06/21/2022 12:42 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
more people are quitting jobs now than ever, refusing to work as slaves and applying for jobs what pay, or go on gov support

cant blame them, no one is putting up with their scam shit anymore
Anonymous Coward
User ID: 82678791
United States
06/21/2022 12:42 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
We get 1600 a month disability. That is equal to $10 an hour. We pay all our bills. It's possible, but you have to be smart.
Vision Thing

User ID: 82977305
United States
06/21/2022 12:44 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
You couldn’t survive on such a low wage
 Quoting: Anonymous Coward 78221947


I agree that things have gone up faster than wages but ...

You could never survive on minimum wage not in 1992 or 2022.
 Quoting: Anonymous Coward 79667372


You could survive on minimum wage up until about the mid nineties. I know because I did it.
Anonymous Coward
User ID: 79475561
06/21/2022 12:45 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum Wage was never meant to provide adequate living conditions, it is a bare MINIMUM, a starting point for you to work hard, get promoted, get pay raises, etc. Teenagers working at McDonald’s, that’s what it’s meant for.

If you are an able-minded adult complaining about minimum wage, you are a Tard.
 Quoting: Vapor Trails


Yeah, so for you and others in here going on about minimum wage, you're missing the point. OP isn't saying that minimum wage is or should be the basis for being able to afford a livelihood, he's merely pointing out that all wages (using minimum as a benchmark), haven't kept up with the rest of the economy, with the price of literally everything else skyrocketing in comparison.
 Quoting: Anonymous Coward 80859772


im sorry fk right off, allot of us started at that point, we worked hard, we got promoted

but now thats no even good enough for HR and recruiter types, they keep changing the rules and want us to jump hoops and send us crappy jobs at entry point. I may remind you we already been there

fk dat.... pay!!! end with the BS

hesright
Anonymous Coward
User ID: 80398165
United States
06/21/2022 12:50 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
When minimum wage was instituted, it was intended that one person working would be able to pay every bill, including a mortgage on that salary. And it did so.
Anonymous Coward
User ID: 83667339
United States
06/21/2022 12:50 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum Wage was never meant to provide adequate living conditions, it is a bare MINIMUM, a starting point for you to work hard, get promoted, get pay raises, etc. Teenagers working at McDonald’s, that’s what it’s meant for.

If you are an able-minded adult complaining about minimum wage, you are a Tard.
 Quoting: Vapor Trails


Wages and salaries have been suppressed and dropping. There are companies out there that want educated technicians to work for minimum wage right now.
I can look at Indeed and see all the companies that want engineers to work at 50k or less salary.

This isn't just entry level work anymore, it's a joke.
 Quoting: Anonymous Coward 79583238


Exactly. There's just not enough decent paying jobs to support the majority of the population anymore.

In the 80s/90s it was pushed hard for people to get a college degree to have a better life. Well... people listened and now people with degrees is oversaturated while manufacturing jobs that families could live off of siphoned off over those years overseas. Now people parrot to go to a trade school and learn a trade. I know quite a few families that had their kids do this in the past 8 or so years. They're struggling now too due to the oversaturation that's happening. Customers that pay for plumbers, electricians, etc. are on fixed incomes or make drastically lower wages. The majority of people can't afford to pay for the skill wages of plumbers, electricians, etc.

Politicians shouldn't be able to make a career of it. They lose touch and as long as they're getting theirs then they could care less. They sold the country out long ago and still do (see the gov. approval of Smithfield foods to the Chinese as a semi-recent example).
Copperhead

User ID: 83727805
United States
06/21/2022 12:56 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
A home computer in 1990 was something like $5,000. Today you can get a notebook with vastly more power and memory for $300.

Same with all electronics.

Not everything is up in price.
Copperhead

User ID: 83727805
United States
06/21/2022 12:57 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
When minimum wage was instituted, it was intended that one person working would be able to pay every bill, including a mortgage on that salary. And it did so.
 Quoting: Anonymous Coward 80398165


bsflag
Anonymous Coward
User ID: 73140110
United States
06/21/2022 12:57 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
I was born in 1959.

In the 1950s a man could buy a house and support his whole family with a crappy job.

My father's first house cost him 17k, and he bought it with an entry level phone company job, after he got out of the service during the Korean War. My mother never worked outside of the house.
Anonymous Coward
User ID: 82564133
Ukraine
06/21/2022 01:00 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Op’s point was this world is fake. After lockdown of year everything is normal. How possible?
Anonymous Coward
User ID: 71043645
United States
06/21/2022 01:01 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum Wage was never meant to provide adequate living conditions, it is a bare MINIMUM, a starting point for you to work hard, get promoted, get pay raises, etc. Teenagers working at McDonald’s, that’s what it’s meant for.

If you are an able-minded adult complaining about minimum wage, you are a Tard.
 Quoting: Vapor Trails


.

.

THIS…


.
Anonymous Coward
User ID: 71043645
United States
06/21/2022 01:03 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
When minimum wage was instituted, it was intended that one person working would be able to pay every bill, including a mortgage on that salary. And it did so.
 Quoting: Anonymous Coward 80398165


bsflag
 Quoting: Copperhead


Minimum wage NEVER paid for an entire family and a mortgage.

Such BS.

.
Anonymous Coward
User ID: 71829742
United States
06/21/2022 01:07 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
A home computer in 1990 was something like $5,000. Today you can get a notebook with vastly more power and memory for $300.

Same with all electronics.

Not everything is up in price.
 Quoting: Copperhead


a home computer in 1985 was $200
Anonymous Coward
User ID: 71829742
United States
06/21/2022 01:11 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
A home computer in 1990 was something like $5,000. Today you can get a notebook with vastly more power and memory for $300.

Same with all electronics.

Not everything is up in price.
 Quoting: Copperhead


a home computer in 1985 was $200
 Quoting: Anonymous Coward 71829742


The introductory price for the COCO 2 was $159
Anonymous Coward
User ID: 68998005
United States
06/21/2022 01:22 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
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
 Quoting: Anonymous Coward 78221947


You realize that companies can only pass that along to the consumer thus raising prices for everyone and completing the circle. You ready for $25 burgers?

Let's make the minimum wage $100/hr so we can all eat $100 cheeseburgers.
Anonymous Coward
User ID: 80709369
Ukraine
06/21/2022 01:25 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
There is a vampire behind this world. Most, if not all, characters around you are the vampire. Holographic

2% or less I’m speculating are
J
U
I
C
E
D

Salaries reflect the vampire collective “who belong to this world are loved by this world and pay for nothing

It all fits

Mobile phone as in bile for blood
Tablet as in bat tel

Vampires are on glp
Anonymous Coward
User ID: 80709369
Ukraine
06/21/2022 01:29 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
When minimum wage was instituted, it was intended that one person working would be able to pay every bill, including a mortgage on that salary. And it did so.
 Quoting: Anonymous Coward 80398165


bsflag
 Quoting: Copperhead


Minimum wage NEVER paid for an entire family and a mortgage.

Such BS.

.
 Quoting: Anonymous Coward 71043645


Min wage in San Diego was $5.50/hr in 1992. Rents were $200-300/month. Gas was $1.15/gallon and new Toyota pickup was $7,500

Yes, you could pay all your bills
battman

User ID: 79966163
United States
06/21/2022 01:31 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum wage was NEVER meant to be a living wage.
Anonymous Coward
User ID: 80709369
Ukraine
06/21/2022 01:32 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum wage was NEVER meant to be a living wage.
 Quoting: battman


In 1992 you could pay all your bills with min wage
1228

User ID: 81458322
United States
06/21/2022 01:32 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
OP is a tard. The "reasoning" is dumb. So minimum wage is too low? UH. Learn business. Take out a business loan and be self-employed--DUHDUHDUH. go bankrupt, wash rinse repeat. Pay your damm taxes and your status as a micro or small business makes you eligible for never ending business loans. The end.

oh yea, and pay yourself whatever damm salary you want okay?
if my karma's not red don't believe a thing I say
egads!

User ID: 80398165
United States
06/21/2022 01:36 PM

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Re: I calculated based on minimum wage 30 years ago and cost of living
When minimum wage was instituted, it was intended that one person working would be able to pay every bill, including a mortgage on that salary. And it did so.
 Quoting: Anonymous Coward 80398165


bsflag
 Quoting: Copperhead


Was Minimum Wage Ever Meant to Be a Living Wage?

From the beginning, the minimum wage was meant to be a living wage—meaning families could live off of the pay comfortably, rather than struggling paycheck-to-paycheck.

President Franklin Delano Roosevelt was a major proponent of the living wage, saying that “by living wages, I mean more than a bare subsistence level. I mean the wages of a decent living.” With this idea, a family that earned minimum wage could not only cover the costs of food and shelter but also save for emergencies and have the funds to thrive rather than just get by.

[link to www.lendio.com (secure)]
The wicked walk on every side, when the vilest men are exalted.
Psalms 12:8

All who call on the name of the Lord will be saved. Acts 2:21 Remember it. A simple Save me Lord Jesus will make all the difference when you are facing the wrong side of eternity.
Anonymous Coward
User ID: 49598504
United States
06/21/2022 01:36 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Blacks knew they were slaves.

Whites are clueless



battleflag





GLP