Current Events > $1.15/hr was a normal wage in 1965

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Cotton_Eye_Joe
04/11/24 9:13:08 PM
#1:


Be thankful for your $11-12/hr

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Cheater87
04/11/24 9:14:17 PM
#2:


And movie tickets were 5 cents.

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VeggetaX
04/11/24 9:14:46 PM
#3:


But you could pay a house with that much money

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LeoRavus
04/11/24 9:15:07 PM
#4:


And they could still buy a house.

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name_unknown
04/11/24 9:16:42 PM
#5:


"$1 in 1965 has the same purchasing power as $9.55 in 2024. Over the 59 years this is a change of $8.55."

min wage is 7.25
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UnsteadyOwl
04/11/24 9:20:36 PM
#6:


Median price for a home in 1965 was $20K. Today it's over $400K.

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dhampire1
04/11/24 9:53:21 PM
#7:


They could still buy a starter house at 20 and a bigger and better house before 30 and support a wife and family
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nekrodev
04/11/24 9:54:05 PM
#8:


Isn't the minimum wage nationally in the US still like $7?

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modena
04/11/24 9:55:57 PM
#9:


LeoRavus posted...
And they could still buy a house.
Lol.

nekrodev posted...
Isn't the minimum wage nationally in the US still like $7?
It's $7.25 here still.

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BlazinBlue88
04/11/24 9:59:14 PM
#10:


name_unknown posted...
"$1 in 1965 has the same purchasing power as $9.55 in 2024. Over the 59 years this is a change of $8.55."

min wage is 7.25
/topic

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nekrodev
04/11/24 10:00:41 PM
#11:


modena posted...
Lol.

It's $7.25 here still.

yeah, lol. like, inflation has doubled the prices of many things in the last 4 years, and that's not taking into account ANYTHING from 2008 to now, which was easily another DOUBLING of prices and shit, across the board, without accounting for the fact that many things have increased has higher rates (ie, housing)

minimum wage in the US should EASILY be $21 an hour now.

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