This one claims her mother's starting salary as a bank teller in 1980 was $36,000/year. (The video is linked in the article.)
In what universe did a bank pay a teller that much money 43 years ago?
People who were alive in 1980 are disputing her numbers in the Yahoo comments.
Thought some of you might like to weigh in here on FR.
(Posted in Chat)
My sister was a teller in the late 80’s and early 90’s and didn’t make anything near $36,000 per year.
While there are numerous exceptions and I am blessed to know some of them, this is a terribly low-information and obnoxious generation.
I remember that time and $300 a week was more like it.
Well kid you have to start at the bottom ….
You don’t get to be the CEO right out of college ….
LOL. Did they confront 18% mortgage rates and 13% inflation.
To be fair, the feds have jimmied the calculation of inflation so much that the numbers today are not comparable to the numbers in 1980.
I don’t believe that entry level figure for a bank teller.
I began as a teller in a small town in 1981, and I can’t remember my exact salary, but I cleared about $500 a month after taxes.
A GS-11 in the government wasn’t even making that.
I guess she doesn't think boomers were alive in 1980 under Carter's 14.8% inflation rate or in 1981 when Paul Volcker raised the fed rate to 20%.
https://fraser.stlouisfed.org/files/docs/publications/bls/bls_2075_1980_1.pdf
Simple search. She's just another stupid tard spouting BS.
I couldn’t find work for two years under Carter.
Boomers grew up in a country that was still a majority White and Christian, so obviously they had it “better off” than kids today.
Agreed. That wasn’t an entry-level teller’s salary. Also, inflation was a serious problem in 1980. Plus, boomers had higher IQs and deeper, more coherent educations than sorry young adults today.
The daughter is clueless. (But who’s surprised about that?)
Amen to the 36k in the 80’s . Min wage was about $6,500 a year. Entry level bank tellers were probably making about 5.56 according to us stats. Which would be around $11,500.
I can remember in 1980 lines would be almost a mile long to apply for a handful of job openings at local factories. Now how many temp store closures due to staff issues.
Maybe I shoulda just been a bank teller all those years.
In 1980 I was a purchasing agent for a name brand life insurance company. I think my boss’ boss made about $36,000
Her mother is fos so no surprise that Cat is too. Pour my coffee, Cat. Lofl!
I'd say she was full of shit. My first job out of high school in 1965, was as an Office Clerk for the county I lived in...Social Services. It wasn't called that back then. It was actually the Child Welfare Department. After taxes, I would bring home less than $50 a week, and I had to pay $100 room and board a month.
In early 1980, I was working for another Social Services Department in a different county in New York State, that I had previously moved to with my two sons, and then husband. I divorced in 1979. After initially working as a Clerk in the Medicaid Department, with promotions, I was eventually promoted to a Food Stamp Examiner position, interviewing potential clients. My pay at the time was approximately $6,500.
In the fall of 1980, I took a position as Correction Officer with NY State. My salary doubled to $12,000. After a year, it went up to $14,000. I couldn't believe how lucky I was to be able to make that kind of money with two kids to support. In 1989, after 9 years, I made Sergeant. I'd taken the test in 1983, but because they gave extra points on the test to minorities, my score of 92 was set aside so they could promote people who had gotten a lower score. That's why it took them so long to reach me on the list. Once they got their quota of blacks and hispanics, they went back to the top of the list. I lost seniority time, and salary by their actions, and would have been able to take the Lieutenant's test that was given, had I been promoted when I should have been. By the time the next Lieutenant's test rolled around, I was close to retiring, and wouldn't have taken the promotion anyway, because it would have meant going downstate, working crappy shifts, and having to commute on my days off. It wasn't worth the inconvenience. I retired from that job in 2003. I believe I was making approximately $65,000 when I retired. I had 33 years of service total in the NY State Retirement System.
Yeah, this generation she’s in is worse off. Because they don’t know jack and as stupid as a tree stump.