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It’s Been Six Years Since Feds Raised The Minimum Wage. What Were The Economic Results?
dailycaller.com ^ | 7/25/2015 | Connor D. Wolf

Posted on 07/25/2015 8:53:43 AM PDT by rktman

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To: rktman

“Well, according to the lyin’ king, there isn’t a single segment of of the economy that isn’t better off today than it was when he took office. LOOK! A rainbow unicorn.”

Yes, Orwellian Narcissim, amongst other forces, at work.


21 posted on 07/25/2015 9:53:13 AM PDT by EagleUSA (Liberalism removes the significance of everything.)
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To: Graybeard58

$90 month in 1966. I don’t remember what I got when I exited 4 years later.


22 posted on 07/25/2015 9:54:15 AM PDT by arthurus (it's true!)
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To: arthurus; rktman

I came out of the Navy in ‘65 and went to work at a starting wage of $1.75 an hour. I had just turned 21. I was told not to tell anyone my starting pay because there were people who had worked in that plant since it opened up and didn’t make that much. I would say that it takes at least twenty five dollars an hour now to equal the buying power of that $1.75 in real terms, the official figures from the government are laughable. Gasoline has come down so it its only about ten times 1965 prices but food is so much higher that the sales tax we pay on a restaurant meal in SC is MORE than the price of the meal INCLUDING sales tax was in 1965. You need more money now just to eat than you needed for everything back then. If my wife and I had only my social security check and nothing else and 1965 prices we could buy a new car every year and BURN the old one and still have plenty of money to live very well indeed. People who have even a halfway decent job now draw more money, in nominal terms, every month than the Navy paid me for three years of active duty.


23 posted on 07/25/2015 7:55:31 PM PDT by RipSawyer (Racism is racism, regardless of the race of the racist.)
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To: RipSawyer

Got out in ‘70 and I sure don’t miss the 24/7/365 pay. Thank God we have a decent retirement+SS so life is fairly good. Then again, compared to a lot of folks, it’s FANTASTIC. My bro-in-law and his wife live in Easley SC.


24 posted on 07/25/2015 8:11:21 PM PDT by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: RipSawyer

In 65 for a while I worked for $39 a 50 hour week. Of course that was cash $39. I stayed in an ancient rooming house called Ivory Rooms for $10 a week. It was threadbare but actually pretty nice for a room. A woman came and rinsed out and filled up the big porcelain pitcher in the big porcelain bowl on the dresser every morning.


25 posted on 07/25/2015 8:32:07 PM PDT by arthurus (it's true!)
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To: arthurus

Well, I worked in a library. Full of books (remember books) magazines, and micro phish.

Walked to work, $1.15 per hour, paid monthly. One hundred fifteen dollars and change.

Made the the mistake of cashing first check at the pool hall.
took my 85.00 and went home. Slow learner.

Gas .19, coke .05, penny candy.

whoops, got lost in nostalgia


26 posted on 07/26/2015 3:59:19 AM PDT by SouthWall (If we are having diversity classes, shouldn't we be having unity classes?)
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