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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You are full of shit
Quoting: Anonymous Coward 83728142 How am I full of shit? It’s math. Minimum wage was never meant to be a living wage. If a person making minimum wage in 1992 wanted to buy groceries, rent an apartment, buy a used car, it’d be difficult. Just like it is today on $14/hour. It’s all relative. Rent in NYC in 1994 was $1395 for a one bedroom. Now it’s gotta be at least double but also keep in mind to comfortably afford a NYC apartment in 94, you’d have to make roughly $50,000. That was a high salary then. A high salary now would be over $100,000. This is what happens when we assign arbitrary prices to things. As wages increase for menial tasks like the kid at McDonalds wanting $17/hour, be prepared to pay $10 for a cheeseburger. Quoting: GemKline I went to Europe in 1992 and I remember all prices. I’m not doing like you and the 4.25 liar bots using lying internet, which receipts everything into lies. Gas was 1.15/gallon and diesel back then was cheaper. Transportation costs for trucks shipping food was cheaper. Gas has gone up 400% since 1992 and diesel even more
I used to fill my gas tank once a week at $19. My rent was in gated community on lake for $375/month. A new Toyota pickup was $7,500. I used to buy fish and salsa a lot and they were 300% cheaper :)
You are a lying bot Quoting: Anonymous Coward 83728142 No. $1.15/gal is a 300% increase. I know percentages are hard. How much is that rent now? If it’s tripled, that’s a 200% increase. MSRP on a Toyota Tacoma is $27-28k. Toyota is a low end truck. Anyway, I’m not denying inflation. I’m just saying, wages have increased significantly over that time period too so it’s kind of all relative. Quoting: GemKline It’s actually more than 400%. 1992 San Diego is now $6-7 That same truck in Ca is now around $40,000 Gas is closer to 500% Last post ever
Sick of internet
This world is fake
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