LogFAQs > #950000444

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Topic"In 1935, the minimum hourly wage in the U.S. was set at 25¢.
asdf8562
01/27/21 10:31:34 PM
#74:


Balrog0 posted...
It's not strictly a math problem. Items don't cost a percent of the prevailing minimum wage, and they also don't come proportional to your wages.
...I dont even know where to begin with how ignorant this post is.

The math actually does matter when it comes to economics and you are literally all kinds of wrong in so many areas...
I mean some have already addressed a few areas like inflation and the market value of jobs going up or down, which the math actually matter when speaking of the value of someone's job lol.

Your over simplification of the matter really shows here that you likely don't even fully understand inflation if at all.

I mean if you were like poster 73 who is saying he/she doesn't care/mind/whatever we could be having a different discussion. However your doubling down on the math on the value of a job, which is just wrong.
... Copied to Clipboard!
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