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To: Tired of Taxes
I graduated college in 1990 in chemical engineering and most of us were getting jobs starting around $30-32K a year. I call BS on an entry level bank teller making $36K a year when a starting chemical engineer was making $32K ten years later.

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%.

20 posted on 05/13/2023 11:30:28 PM PDT by GaryCrow
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To: GaryCrow

In 1985, I earned $17,000/yr with my brand new college degree. It got better as time went on, but it took about 8 years for me to get passed $36,000. And I remember the high inflation and interest rates of the late 70s and early 80s. Back then, my economics teacher would actually talk to us about it and explain to us what the causes were.


88 posted on 05/14/2023 6:23:26 AM PDT by virgil (The evil that men do lives after them )
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