Sujet : Re: low-income consumers are starting to crack
De : here (at) *nospam* is.invalid (JAB)
Groupes : misc.news.internet.discussDate : 06. May 2024, 02:05:26
Autres entêtes
Organisation : A noiseless patient Spider
Message-ID : <v19acn$25k6v$1@dont-email.me>
References : 1 2
User-Agent : ForteAgent/8.00.32.1272
On Sun, 05 May 2024 17:50:56 +0000,
danmin@danminart-dot-com.no-spam.invalid (Danart) wrote:
Right now a dollar literally equals $5 dollars.
That is how bad the inflation is.
Wage increases must be considered in relation to inflation.
Inflation - measures how much more expensive a set of goods and
services has become over a certain period.
Either a person's wage is in step with inflation, or it is not..
I bought a 6.5 oz bottle of Coke for a nickel (5 cents) when minimum
wage was $1.00/hour. So, do the math in today's cost.
====================================
Bonus - So how many employment hours required in 1960 vs 2024's
vehicles to purchase? Some 2,600 hours in 1960 (quick averaged)
How much did a 1960 Impala cost in 1960?
The Impala was available as a four-door Sedan from $2,590, a four-door
Hardtop Sport Sedan from $2,662, a two-door Hardtop Sport Coupe from
$2,597 and a Convertible from $2,847.
low-income consumers are starting to crack
Re: low-income consumers are starting to crack
