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Politics : Welcome to Slider's Dugout

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From: IC72011/14/2025 12:32:36 PM
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In 1971, the minimum wage stood at $1.60 per hour.

Working 40 hours would let you purchase roughly 1.83 ounces of gold with your earnings.

Nowadays, that equivalent quantity of gold costs approximately $7,350—which implies that to equal the purchasing power of the minimum wage from that era, you’d have to earn around $184 per hour now.
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