Current Events > $7.25 today is the equivalent of $0.93 in 1968

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Shablagoo
07/26/21 10:19:05 PM
#1:


In 1968, minimum wage was $1.60/hr.


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CADE FOSTER
07/26/21 10:20:50 PM
#2:


poverty wages ftw fuck republicans
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hockeybub89
07/26/21 10:22:56 PM
#3:


But everything will go up in price eleventy bazillion percent

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Xethuminra
07/26/21 10:23:35 PM
#4:


Its the other way around.

a dollar today would be worth like pushing 10 back in the day
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Phantom36
07/26/21 10:26:20 PM
#5:


The real problem besides shit wages that haven't kept up with inflation is our fake ass fiat monopoly money that isn't backed by gold anymore.

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Xethuminra
07/26/21 10:28:51 PM
#6:


You guys understand that minimum wage is closer to $15 in lots of places, yes?
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sondast
07/26/21 10:35:38 PM
#7:


Xethuminra posted...
You guys understand that minimum wage is closer to $15 in lots of places, yes?
You understand its not nearly that high in way more places, yes?

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Xethuminra
07/26/21 10:37:13 PM
#8:


sondast posted...
You understand its not nearly that high in way more places, yes?
Yes.

Now, whats ridiculous.... is giving someone like a 25 cent raise. That needs fixing. So hard. Omg.
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HylianFox
07/26/21 10:39:25 PM
#9:


"Gimme five bees for a quarter" they'd say.

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Xethuminra
07/26/21 10:39:48 PM
#10:


25 cents

for a year. Imagine that.
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sabrestorm
07/26/21 10:41:53 PM
#11:


So you are saying I would need over $8 in 1968 to buy what $7.25 buys today? I dont believe it
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