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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (33431)4/20/2008 12:47:00 AM
From: bruiser98  Read Replies (1) | Respond to of 217764
 
<< Once upon a time, a large number earned at least $20 an hour, or its inflation-adjusted equivalent, and now so many of them don’t.>>

That's in third paragraph.

$20 today, according to the inflation calculator I consulted, is equivalent to $2.15 in 1948. Minimum wage was $.40 in 1948.



To: Moominoid who wrote (33431)4/20/2008 1:02:30 AM
From: Haim R. Branisteanu  Respond to of 217764
 
I think it is $20 at today value and as such they earned less $$$ 30 years ago but still made it in the middle class