Posted on 06/09/2006 7:00:39 AM PDT by devane617
ping
Within weeks he was working, first roofing new houses, then repairing sewer pipes for a city contractor. He earned $8 an hour on that job, more money than he had ever imagined making in Mexico, he said.
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I found this line interesting, I remember when $8. an hour was far beyond the wildest dreams of all but the most ambitious tiny minority of American citizens, I was probably past thirty before it dawned on me that I might one day earn that much. Now, thanks to our government which has relentlessly removed all backing from the currency and inflated the money supply constantly during my lifetime, $8. an hour is now little more than peanuts. In fact, according to most figures currently quoted it is no more than equal to the 1963 minimum wage of $1.25 an hour, I say it is less than that.
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