Minimum wage is worth less than in 1968

steve, I can't believe any of this unless you show me a specific pay stub from 1968.

steve,
consider the reality of the wage plus NYC. Sure it's adjusted for infaltion but I remember NYC in '68.
The city was heading for the hopper and the cost of living IN NYC was much more reasonable even if we adjust for inflation. Today, that wage id for HS kids with a PT job after school.

I've said it 1000 time;... stay off drugs, stay in school.
Actually, that's what I ment to say but it came out...want to cut class and puff it up?

Since Riversider says inflation is 9%, that mean McDonald's workers make $0.04 per hour in 1968 dollars.

Hedonics!....ummm errrr Excelsior!

How can that be when we have no inflation?

I was cutting lawns in 1968 bjw, and my father refused to pay his employer's social security obligations, so I had him arrested.

Where's LICCdope on this one?

But in gold terms it is worth more.

No, it's worth less. $8 would buy you a lot more gold in 1968 than it does today.

Silly goldsters don't even understand how it works.

"How can that be when we have no inflation?"

What? How said we had no inflation since 1968? You and you alone.

I thought gold had no intrinsic value. So anything is worth more compared to valueless gold, right?

http://gothamist.com/2013/10/24/mcdonalds_advice_to_underpaid_worke.php

Busy, busy, busy. So busy.

Aboutready were you busy this weekend too?

AR, was your husband working this weekend?

Were you working this weekend? What's your tax bracket? What's your job? How much do you give back to society in the form of taxes? Do you have kids? Are they in public school? Does everyone in your immediate and extended family work? Have any ever needed public assistance? Do you volunteer?

Actually I don't really care about your answers, because in real life I wouldn't want to know you.

You have this fascinating way of saying one thing and then saying another. Where did you learn that? You want to know but you don't? You are going to bed but you aren't? You don't work because of the taxes but you want higher taxes but you want greater levels of employment? You care but you don't care?

Bullshit. Nice try, though. Although I still say you're trying too hard. Can't imagine why.

I'm trying to hard but I'm not trying hard enough?

And why didn't you answer the questions? Really.

you said you didn't want to know. Now you do?

I don't think you have the moral integrity to answer the questions truthfully. Or answer them at all. Truthful answers might be interesting but I doubt that would happen.

Sad, hb, the only way you win arguments is semantics.

I'm wrong but I'm right?

No, you are wrong. In every way the word is defined.

Wow, there you go, finally something definitive out of your mouth.