re: The Shape of Things to Come: 1969 vs 2019, US Dollar value.

quote:

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Don't know the numbers, but how many hours would the average working person need to earn that $700 in 2019 compared to 1969.

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This means nothing without taking inflation into account. $700 in 1969 equates to $4,893.72 today.

So to make $700 at $1.30/hour would take 538.5 hours or 67.3 days (working 8 hours per day).

To make $4,893.72 at $7.25/hour would take 675 hours or 84 days (working 8 hours per day).

For minimum wage in 2019 to have the same buying power it did in 1969 it would have to be $9.09/hour.