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REPORT ABUSIVE REPLY
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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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Poster Handle
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Anonymous Coward |
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Post Content
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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 Yes, and this is why I think we will see a red wave that's so powerful and sweeping in November. Our leadership has attacked the working poor and they act like Marie Antoinette and say, "let them buy electric cars." The average person is disgusted with these prices and with an economy that they wrecked...not by covid...not by Russia...by the Democrat run policies with a government that refuses to own any part of this inflation. These legislators come in and leave rich. The longer they stay, the richer they become. They have nothing in common with the common ppl. It used to be thought that these folks were "servants" of the ppl. What a joke.
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