LogFAQs > #966299772

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Topic	People talk about how cheap everything was back in the day, but don't consider
haloiscoolisbak 07/03/22 3:11:36 AM #7:	Guide posted... This isn't the case at all, though, which is exactly the problem. Wages have not scaled with costs. More accurately, you would say houses were 20x cheaper, while wages were <10x lower. The minimum hourly wage in Australia was exactly $1 in 1966, it's now $21.66 This thread might be pointless as the situation might be a lot worse in the US --- Started from the bottom now we here <cite>haloiscoolisbak posted [p:966299772] in People tal... [t:80080661]...</cite> <quote>Guide posted... </cite> <quote>This isn't the case at all, though, which is exactly the problem. Wages have not scaled with costs. More accurately, you would say houses were 20x cheaper, while wages were <10x lower.</quote> The minimum hourly wage in Australia was exactly $1 in 1966, it's now $21.66 This thread might be pointless as the situation might be a lot worse in the US --- Started from the bottom now we here</quote> ... Copied to Clipboard!
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