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re: In 1970 minimum wage was $1.60 per hour and gold was $38.50 per oz.

Posted on 6/11/25 at 12:49 pm to
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13560 posts
Posted on 6/11/25 at 12:49 pm to
quote:

Or gold is just in a bubble since the Obama admin, when goldbug culture started to explode

Nice chart crime. Gold didn't move for a decade after your date cutoff. Bubble
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20078 posts
Posted on 6/11/25 at 12:52 pm to
quote:

Min wage should be zero....market will set entry level positions.

You mean the same market that hires illegals for half the price and ships jobs over seas because it's "too costly to make it here"? Yeah.......I trust the "market"
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 6/11/25 at 2:54 pm to
quote:

hey you GD stupid FCK, your assigned time to run the country has arrived - got your assignment? You are already proving to be large scale morons with way you are handling illegal immigrants snap snap - get to work to make my payment. Now, bitch!


Ok welfare queen. How many times did Uncle Sam bail out your retirements. You greedy assholes sold out this country
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 6/11/25 at 3:02 pm to
quote:

No boomers around during FDR administration.


We had a balanced budget in 2001. TARP in 2008 was basically to save all the retirements for reckless boomers. Lets also not forget shutting people in their home at the threat of a gun...to protect boomers from getting virus that was only harmful to them
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62255 posts
Posted on 6/11/25 at 3:15 pm to
US consumers have been losing exponential actual purchasing power since the late 60's. That was followed by the oil shocks of the 70's. That was followed by the "Greed is Good" 80's. House bought for 30K in 68' sold for 240K in the late 80's. Hate to think what it costs now but pretty sure I could not afford it.

Viewed another way, at McDonalds you got a burger, fries, and shake for about 1/2 hour of minimum wage work. You also got a quarter back in change.

What can you buy at McDonalds now for a 1/2 hour of minimum wage labor and still get a hefty chunk of the cost back in change?
This post was edited on 6/11/25 at 9:04 pm
Posted by FriendofBaruch
Member since Mar 2025
878 posts
Posted on 6/11/25 at 5:39 pm to
quote:

Ok welfare queen. How many times did Uncle Sam bail out your retirements.
ZERO, schmuck azzhole
quote:

You greedy assholes sold out this country
not once; never

Now stop your ongoing display of profound ignorance - and get back to work to pay me

snap snap

and gotta do better on your assigned generational duty - like this illegals thing you and your azzbuddy morons are fricking up like you behave displaying your lack of intellect

snap snap, clueless BITCH!

back to your assigned role, MF
This post was edited on 6/11/25 at 5:40 pm
Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
19818 posts
Posted on 6/11/25 at 5:59 pm to
Flawed logic there. Boomers were inPower the last time the budget was balanced. Very few boomers were retiring in 2008. Just the oldest were hitting age 62. The Greatest Generation and others were in retirement. As to people being reckless, most of us were in traditional IRAs or 401-Ks not real estate speculation. Reckless loans by banks triggered that not workers investing in retirement accounts.

If you want to blame someone blame the bankers, not the Boomers or any other generation.

Fear was the initiation of the Covid nonsense. People with health problems many over 80 years old were dying. Now to be technical those were older than boomers. Many of us particularly the younger boomers continued to work. I was considered essential personnel at power plants.


To blame one generation for anything is ignoring who voted for the people that promoted the bullshite. That is the group to blame. The guy trying to get us out of this mess is a boomer.
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
51904 posts
Posted on 6/11/25 at 6:01 pm to
My dad was big on purchasing South African gold Krugerrands back in the late 70's and 80's when he and my mom used to travel there to hunt and safari. He purchased nearly 53 pounds in total, and they are all in a safety deposit box and part of my parents' estate in trust. I don't know how many actual coins there are, I just know it's 32 lbs. and so many ounces (how it's called out in the trust), so assuming they are each an ounce, that's gotta be 512+ coins. I bet he would be delighted to see the value had finally taken off like it has. I wish he was here to spend every last nickel of it having some fun, though. Miss the old guy.
Posted by Redhead57
Member since Dec 2021
451 posts
Posted on 6/11/25 at 6:04 pm to
In 1973, it was 1.65$ What I made at My first job
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 6/11/25 at 8:56 pm to
quote:

FriendofBaruch


Go suck that govt tit some more welfare queen. Congrats on voting yourself goodies. Youd be broke and destitute without daddy govt
Posted by scottydoesntknow
Member since Nov 2023
10870 posts
Posted on 6/11/25 at 9:01 pm to
quote:

Flawed logic there. Boomers were inPower the last time the budget was balanced. Very few boomers were retiring in 2008. Just the oldest were hitting age 62. The Greatest Generation and others were in retirement. As to people being reckless, most of us were in traditional IRAs or 401-Ks not real estate speculation. Reckless loans by banks triggered that not workers investing in retirement accounts.


Boomers solely presided over the massive growth of debt and the money supply. They were the biggest voting bloc and still hold power after selling out the last dime of American equity
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62255 posts
Posted on 6/11/25 at 9:05 pm to
quote:

If you want to blame someone blame the bankers


White collar crime pays better and the odds of winding in jail is way lower.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62255 posts
Posted on 6/12/25 at 11:07 am to
quote:

ships jobs over seas


MBA's have wrecked it since 1980
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