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Started By
Message
This is why millennials are unhappy
Posted on 4/1/22 at 3:40 pm
Posted on 4/1/22 at 3:40 pm
So min wage has gone up 3.45x since 1970.
Let's apply that 3.45x to some of these amounts from 1970, and see how we are doing.
New House - $80,902 (Where can you find anything other than a trailer, at that price?)
New Car - $11,213 (you might be able to find a several years old used car. Maybe)
Movie Ticket - $5.35 (popcorn costs more than that)
Gasoline - $1.24 (we had close to that not too long ago)
Postage stamp - 21 cents (LOL government)
Sugar - $1.35 (even walmart brand is $2.12)
Milk - $2.13 (can't even find a half gallon for this)
Coffee - no comment, don't drink it
Eggs - $2.03 (only costs $1.94 at Walmart - we have a winner)
Bread - 86 cents (well, Walmart bread is just over a dollar)
So for all you boomers just saying "work harder"... this is the ultimate "OK Boomer" moment...
For those of you hung up on min wage...
Use average income.
Today it's $51,480 so a factor of 5.47
That gets you a house of $128,272
That gets you a new car for $18,781.
This post was edited on 4/1/22 at 3:56 pm
108
Posted on 4/1/22 at 3:43 pm to LSUFanHouston
And people who make minimum wage are always going to be poor. We've never had a system where minimum wage workers were "happy." Wasn't the case back then or now.
Posted on 4/1/22 at 3:43 pm to LSUFanHouston
If you are a fully grown adult making minimum wage, you are doing it wrong.
Posted on 4/1/22 at 3:45 pm to LSUFanHouston
I'll just leave this here.
Posted on 4/1/22 at 3:45 pm to LSUFanHouston
If you're a millennial, you're somewhere between 26-27 and 40-41.
If you're making minimum wage in that group you've done that to yourself.
With that said, I agree with your approach, I just don't think minimum wage is a good metric.
If you're making minimum wage in that group you've done that to yourself.
With that said, I agree with your approach, I just don't think minimum wage is a good metric.
Posted on 4/1/22 at 3:45 pm to LSUFanHouston
Millenials are unhappy?
Good.
Good.
Posted on 4/1/22 at 3:46 pm to LSUFanHouston
quote:
S o for all you boomers just saying "work harder"... this is the ultimate "OK Boomer" moment...
What special exemptions do you deem worthy of this not applying to, hypocrite?
Posted on 4/1/22 at 3:48 pm to LSUFanHouston
There should not be a minimum wage. Let the market work it out.
Posted on 4/1/22 at 3:48 pm to thegreatboudini
quote:
With that said, I agree with your approach, I just don't think minimum wage is a good metric.
A lot of us had grandfathers that worked for barely above min wage in the 70s and yet still owed a house, etc.
But use average income - and compare that to home prices.
Posted on 4/1/22 at 3:49 pm to Open Your Eyes
quote:
What special exemptions do you deem worthy of this not applying to, hypocrite?
Special exemptions?
Posted on 4/1/22 at 3:49 pm to timdonaghyswhistle
quote:
Millenials are unhappy?
Good.
Why is this good?
Posted on 4/1/22 at 3:49 pm to LSUFanHouston
Easy credit, free items for non preformers( hospital- housing- food & cash supplements) as well as lawyers & lawsuits and keep in mind minimum wage was never intended to live on .
Posted on 4/1/22 at 3:50 pm to LSUFanHouston
If you’re so short on cash stop buying iPhones and paying every month for subscription services
Posted on 4/1/22 at 3:50 pm to LSUFanHouston
You’d do better merely adjusting for inflation and laughing at the 50 year old that still think 50k is a good living
Minimum wage is a losing battle
Minimum wage is a losing battle
Posted on 4/1/22 at 3:50 pm to thetempleowl
1. There shouldn't be a minimum wage. It's arbitrary. Let the free market rule.
2. In the 60s when I started working we knew that MW was not for a career. It was training on the job. We learned skills and developed a resume for better jobs.
3. As teenagers in HS we always looked for MW jobs that involved more pleasant working conditions. My brother got a job scrubbing the inside of oil tanks. I got a job in radio. I won.
2. In the 60s when I started working we knew that MW was not for a career. It was training on the job. We learned skills and developed a resume for better jobs.
3. As teenagers in HS we always looked for MW jobs that involved more pleasant working conditions. My brother got a job scrubbing the inside of oil tanks. I got a job in radio. I won.
Posted on 4/1/22 at 3:51 pm to Nosevens
They are unhappy because they have left the church - they have no community and are alone.
Posted on 4/1/22 at 3:51 pm to LSUFanHouston
quote:
Special exemptions?
Which word don’t you understand?
As a matter of fact, you should be against minimum wage altogether* because that’s just the government interfering in private business. So what is the point of this thread, exactly?
*people born without legs are still free to get minimum wage though, obviously
Posted on 4/1/22 at 3:52 pm to LSUFanHouston
And Do they blame all this on conservatives? Is this why they tend to vote Marxist?
Posted on 4/1/22 at 3:53 pm to LSUFanHouston
quote:
So min wage has gone up 3.45x since 1970.
Let's apply that 3.45x to some of these amounts from 1970, and see how we are doing.
New House - $80,902 (Where can you find anything other than a trailer, at that price?)
New Car - $11,213 (you might be able to find a several years old used car. Maybe)
Movie Ticket - $5.35 (popcorn costs more than that)
Gasoline - $1.24 (we had close to that not too long ago)
Postage stamp - 21 cents (LOL government)
Sugar - $1.35 (even walmart brand is $2.12)
Milk - $2.13 (can't even find a half gallon for this)
Coffee - no comment, don't drink it
Eggs - $2.03 (only costs $1.94 at Walmart - we have a winner)
Bread - 86 cents (well, Walmart bread is just over a dollar)
So for all you boomers just saying "work harder"... this is the ultimate "OK Boomer" moment...
This is a classic example of a liberal complaining about the outcomes of liberal policies.
Posted on 4/1/22 at 3:54 pm to LSUFanHouston
Yeah, it's total bullshite. I'm 32, an Army Veteran, conservative, with a job that pays my bills so I can say that and not be shouted down by the boomer mob who thinks anyone that bitches about quality of life and cost of living nowadays is a skinny jean wearing, soy latte sipping liberal.
Took the wife to the theater to see The Batman in IMAX the other day and it was a $40 ordeal.
Took the wife to the theater to see The Batman in IMAX the other day and it was a $40 ordeal.
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