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Old 11-30-12, 04:53 PM   #1
August
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$2.10 in the 1970s went a lot farther than $7.25 does today.
No it doesn't. $2.10 in 1977 is the equivalent of $8.02 in 2012 dollars. That's what adjusted for inflation means.

Don't believe me?, punch in the numbers for yourself.

http://www.usinflationcalculator.com/
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Old 11-30-12, 05:02 PM   #2
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No one is saying that you become wealthy by working harder but you will gain more income by dong so and if not you should find a job elsewhere because something is wrong with the employer in that case assuming that the worker is even half way decent.


Your second paragraph is invalid because no one is saying that everyone will get rich by working hard/well and there are cops,plumbers and electricians that do make over 100k a year right in our very society.I never once saw August say that he was rich.

You can find many thousands of people did just what August did though.

Last edited by Stealhead; 11-30-12 at 05:13 PM.
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Old 11-30-12, 05:14 PM   #3
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Originally Posted by August View Post
No it doesn't. $2.10 in 1977 is the equivalent of $8.02 in 2012 dollars. That's what adjusted for inflation means.

Don't believe me?, punch in the numbers for yourself.

http://www.usinflationcalculator.com/
The average home price in 1975 was about $38,000, or $163,000 in today's dollars. The average home price today is just under $190,000.

The average cost for a gallon of gas in 1975 was about $0.63 or $2.71 in today's dollars. The average cost for a gallon of gas today is $4.32.

The average cost for a loaf of bread in 1975 was about $0.25 or $1.07 in today's dollars. Today, a loaf of bread is about $2.00.

So $2.10 in 1975 went farther than $7.25 does today.
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Old 11-30-12, 05:27 PM   #4
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Give them what they want!
When burgers go up to $10.00 a piece and the place goes belly up cause no one buys them any more?
They can find another job and screw that up as well!

The service is crap nowdays as it is!
Fast food died along time ago anyway because of lazy arsed workers who think they deserve more for less!
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Old 11-30-12, 05:51 PM   #5
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Originally Posted by Privateer
Give them what they want!
When burgers go up to $10.00 a piece and the place goes belly up cause no one buys them any more?
They can find another job and screw that up as well!

The service is crap nowdays as it is!
Fast food died along time ago anyway because of lazy arsed workers who think they deserve more for less!
http://money.cnn.com/magazines/fortu...t/101_200.html

McDonald's: Number 107 on the 2012 Fortune 500. Ahead of:

Macy's (110)
Rite Aid (113)
Staples (114)
Northwestern Mutual (116)
Goodyear Tire and Rubber (126)
Xerox (127)
Hartford Financial Services Group (131)
Nike (136)
Exelon (145)

I'm pretty sure they'll be okay. Can't say as much for their employees, but that's never seemed to be much of a concern in American business.
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Old 11-30-12, 06:24 PM   #6
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I'm pretty sure they'll be okay. Can't say as much for their employees, but that's never seemed to be much of a concern in American business.
Depends on who you work for I guess. Not all employers are like that, but employee welfare has never been much of a concern to the consumer either. We're all quite happy to buy that burger as cheaply as possible.
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Old 11-30-12, 06:25 PM   #7
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Depends on who you work for I guess. Not all employers are like that, but employee welfare has never been much of a concern to the consumer either. We're all quite happy to buy that burger as cheaply as possible.
That's also true.
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Old 11-30-12, 06:54 PM   #8
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Depends on who you work for I guess. Not all employers are like that, but employee welfare has never been much of a concern to the consumer either. We're all quite happy to buy that burger as cheaply as possible.
When you hit one of the so-called fast food joints, and Moisha and Darnell are more interested in what Sasha posted on FaceBook rather then taking a freaking order?
Travel like I do and see what the AVERAGE fast food worker is actually doing.
Then pay them what they are worth.
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Old 11-30-12, 07:31 PM   #9
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When you hit one of the so-called fast food joints, and Moisha and Darnell are more interested in what Sasha posted on FaceBook rather then taking a freaking order?
Travel like I do and see what the AVERAGE fast food worker is actually doing.
Then pay them what they are worth.
Exactly. But then again I guess their lack of interest in their job is to be expected since nowadays they grow up being coddled by society into thinking they're "special" and deserve not only a chance to succeed but success itself.
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Old 11-30-12, 05:40 PM   #10
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So $2.10 in 1975 went farther than $7.25 does today.
Assuming that your figures are right and their figures are wrong. Since they base their calculations on the Consumer Price Index and you're basing your calculations on, well I'm assuming you didn't pull them out of thin air.

In any case minimum wage is not and has never been intended to be a living wage, nor has it ever been a living wage in reality. That was true in 1975 and it is still true today.
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Old 11-30-12, 05:50 PM   #11
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Assuming that your figures are right and their figures are wrong. Since they base their calculations on the Consumer Price Index and you're basing your calculations on, well I'm assuming you didn't pull them out of thin air.

In any case minimum wage is not and has never been intended to be a living wage, nor has it ever been a living wage in reality. That was true in 1975 and it is still true today.
I as a taxpayer don't like subsidizing WalMart and McDonalds' labor costs. And make no mistake, that's exactly what we're doing when two of the biggest firms in the world, in the richest country in the world, won't pay their employees enough to keep them off of Medicaid and welfare.

Raise the minimum wage to a living wage and people will have more to spend. If people have more to spend, the economy does better. If the economy does better, more jobs are created.
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Old 11-30-12, 07:50 PM   #12
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Originally Posted by mookiemookie View Post
I as a taxpayer don't like subsidizing WalMart and McDonalds' labor costs. And make no mistake, that's exactly what we're doing when two of the biggest firms in the world, in the richest country in the world, won't pay their employees enough to keep them off of Medicaid and welfare.

Raise the minimum wage to a living wage and people will have more to spend. If people have more to spend, the economy does better. If the economy does better, more jobs are created.
Shop elsewhere. BTW, your idea is simplistic. Just give them more money. They will piss it away on goods. The economy will grow. Same thing the Fed does. Print more money. Give it away. The economy will grow.

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Old 11-30-12, 07:56 PM   #13
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Shop elsewhere.
AHEM MAN BROTHER!
WalMart survives because people SHOP there! DUH!!!
People whine 'Pay them better' but if prices went up?
WalMart goes the way of the old K-Marts and on and on.
Anyone remember the 5 Cousins stores?
Or many of the old 5 and Dimes?
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Old 11-30-12, 10:01 PM   #14
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Originally Posted by privateer View Post
AHEM MAN BROTHER!
WalMart survives because people SHOP there! DUH!!!
People whine 'Pay them better' but if prices went up?
WalMart goes the way of the old K-Marts and on and on.
Anyone remember the 5 Cousins stores?
Or many of the old 5 and Dimes?
Never heard of 5 Cousins. Five and dimes I remember. Kresgies. Franklin's. Corvettes. All closed due to places like....Walmart! The gorilla in the neighborhood putting folks out of business for years. We shop Target, Sam's and BJ's.
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Old 11-30-12, 05:51 PM   #15
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Assuming that your figures are right and their figures are wrong. Since they base their calculations on the Consumer Price Index and you're basing your calculations on, well I'm assuming you didn't pull them out of thin air.

In any case minimum wage is not and has never been intended to be a living wage, nor has it ever been a living wage in reality. That was true in 1975 and it is still true today.

This is true here is something of interest living wage calculator for each state and county in the US.in my county the living wage for 1 adult is $8.23 and I know for a fact that most entry level jobs pay that or fairly close to it.

http://livingwage.mit.edu/
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