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/biz/ - Business & Finance


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22175781 No.22175781 [Reply] [Original]

Someone making minimum wage in 1960 was making the equivalent of $90 an hour today

>> No.22175830

>>22175781
yeah but in 1960 only men were working for the most part. now you have two wage slaves per couple and they still make less than half of one persons "miniumum wage" in the 60's. something has got to change

>> No.22175838
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22175838

yeah but boomers dont understand inflation so theyll tell you you have it easy anyway

>> No.22175852

really? how do you figure
I thought it was like $35
either way boomers pulled the rug out on us

>> No.22175906

>>22175852
Compare what a wagie earns to the price of gold.

>> No.22175907

Can't wait until the financial collapse.

>> No.22175968

>>22175781
Is this the end result of capitalism? Why did the sixties have capitalism AND fair wages?

>> No.22176000

>>22175838
gas the boomers. generation war now.

>> No.22176029

Elites are trying to destroy the middle class to rule over low IQ mulatto serfs

>> No.22176052

>>22175968
Country has been hijacked and major corps are essentially writing our laws. Enjoy the rise before the big crash. There’s a reason the dollar is shit but their assets in the exchanges are worth big. In other words, they get richer and you more poor

>> No.22176078

>>22175968
Like the anon above said, there was way less competition for jobs in the early 1960's right when a lot of the bullshit and financialization of everything started taking hold.

>> No.22176095

>>22175968
No it’s the end result of people turning away from the fear of God and love of nation, capitalism cannot be devoid of Christian morality or it becomes intolerable

>> No.22176097

>>22175968
outsourcing and increased immigration

>> No.22176129

>>22175968
Its what happens when corporations lobby governments to implement globalist policy to pull the rug out from under the lower classes, and liberalize the financial markets so everyone can go into infinite debt to the benefit of the ultra wealthy.

>> No.22176154
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22176154

>>22175968
>capitalism
>FIAT money system
pls read some austrian economists
just the basics son, it'll do you good

>> No.22176160

No, that's absolutely bullshit.

>> No.22176183

>>22176000
checked, cough a lot near retirement homes and old communities

>> No.22176196

https://twitter.com/USTechWorkers
Join the revolution to send pajeet back and stop offshoring

>> No.22176511

>>22176196
It's really quite clever how it all works now. The government and corporations can now say being against H1-b makes you a racist, so you better bend over and take it, lest the mob of angry public opinion ostracize you.

>> No.22176541

>>22175906
well you literally couldn't buy gold in 1960

>> No.22176606

>>22176095
Christians started allowing usury a long time ago.

>> No.22176610

>>22175838
my favorite is how they always talk about how young people have phones

you don't own a house, or a car, but you have a phone, so you're spoiled and living a life of luxury

>> No.22176651

We also produce twice as much shit as back then. We are getting completely ripped off for the amount of sweat and blood we give them.

>> No.22176659
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22176659

Eh, nothing personnel son

>> No.22177006

>>22176659
>we did what we thought was best

>> No.22177041
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22177041

>>22175968

>Be USA 1945
>Win WW2
>British Empire collapsed
>German Empire collapsed
>Ottoman Empire collapsed
>Italian Empire collapsed
>Japanese Empire collapsed
>Only competition is USSR with flawed system
>Own half the worlds wealth with all your competitors in shambles

Gee, I don't know.

>> No.22177188

>>22177041
have 90% of the world's factories...looks like boomers squandered their time holding the reins

>> No.22177354

>>22177041
The West unironically got too cocky bros.

>> No.22177490

>>22175830
Minimum wage still isn't 45 dollars an hour. or 40, or 30, or 25, or 20.

>> No.22177682

>>22175781
>>22175852
Sauce please?

>> No.22177775

What I always find crazy is how fucking interest rates were in the 80's. Savings accounts could net 8% a year and idiot boomers still didn't save a dime on a free 8% just for not spending every cent on new Fords and boats and shit

>> No.22177777

>>22176511
are you just now figuring this out?

>> No.22177884

>>22177777
Checked, but no. Just an observation. What's disheartening is how well it still works.

>> No.22177900

this is the worst fucking get ive ever seen >>22177777

>> No.22177920

>>22177777
What a waste of quints

>> No.22177936

>>22177777
horrible get but checked

>> No.22177939

>>22177777
Lame get

>> No.22177978

>>22175781
Source on this? I want to send it to my Trumpist boomer parents who think they “just worked harder than me”

>> No.22178074

>>22176610
True that. My dad is bragging that at my age he bought a house and I still cannot afford a car despite wageslaving because "I dont work hard enough and take advantage of nowadays opportunities".
Fuck off old man.

>> No.22178087

>>22177978
even if this is true you still need to work harder anon

>> No.22178110

>>22175781
there are people here who actually believe this

>> No.22178149

>>22177978
Source doesn’t matter there’s no way you’ll convince a boomer. Might as well teach a dog how do a PowerPoint presentation.

>> No.22178210

>>22177978
these lazy millenials think you can compare today's wages to how men were paid in duckets of silver during ww1 but it doesn't make any sense.

>> No.22178340

>>22175781
My dad told me that in 1968, he could save for a year on a gardener's wages and buy a house in California in cash with no loans required. California was very white back then too apparently.

>> No.22178347

>>22175781
Liberals were ontop of this and pointing it out before billionaires started funding identity politics to destabilize the last worker-rights political movement. Now both political parties argue over nothing while both are funded by billionaires while the political fringe is attacking poor people and immigrants.

>> No.22178400

>>22178210
I work 90-100 hours a week. I’m not sure that is what you call lazy