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Message Subject
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I calculated based on minimum wage 30 years ago and cost of living
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Anonymous Coward |
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Your math is really flawed. You must be using that liberal math.
So I took some household items from 1992 with the prices compared to today’s prices.
Idaho potatoes (5-lb bag) - $1.69 Rye bread (loaf) - 0.99 Oreos (20-oz package) - $1.59 Milk (1-gal) - $2.78 Eggs (dozen) - 0.93 Total 7.98
If you went out and bought the same items today it would be $17.86 (I used instacart). A total of 110% increase since 1992. The minimum wage then was $4.25. A person would have to work almost 2 hours to afford those things. The federal minimum wage should be 110% more than $4.25, so $8.92 would be appropriate but like you said, many states already are well above that.
Quoting: GemKline You are full of shit
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