this post was submitted on 28 Oct 2023
3 points (100.0% liked)
RetroGaming
19662 readers
522 users here now
Vintage gaming community.
Rules:
- Be kind.
- No spam or soliciting for money.
- No racism or other bigotry allowed.
- Obviously nothing illegal.
If you see these please report them.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Crazy to think that $10 in 1980 is $40 now
Back when people were making a buck or two an hour though
$3.10 minimum wage in 1980. Equivalent to ~$11.50 per hour today, higher than today's minimum wage.
The effective minimum wage in 2019 was $11.80. It’s important to talk about these things in context, so we are better able to address the correct problem.
Glad ours is $15.45/hr
Yeah I was just commenting on inflation in general