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Message Subject I calculated based on minimum wage 30 years ago and cost of living
Poster Handle Paranoiaaaaa
Post Content
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


Federal minimum wage in 1992.was 4.25 an hr
 Quoting: monkey4truth


Nope. I was making $11-hr and quit my City job to go backpacking in Europe

I had 3 weeks to spare and took a min wage job. $5.50/hr
 Quoting: Anonymous Coward 78221947


Federal minimum wage was $4.25. I was just out of high school & working retail.

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