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File: mw.jpg (103 KB, 1320x407)
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discuss
>>
>>62540594
Holocaust
>>
I ran the numbers on bottom tier construction workers in the 1970s. The unskilled guys carrying around bags of cement and digging holes.

They made the equivalent of like $135k today, lmao
>>
>>62540594
muh super smart scientists needed a study for that?
>>
>>62540594
nah, everyone who came after them is just lazy and doesn't have a firm handshake
>>
trickle down economics at work
>>
This is what you get for voting for Trump
>>
>>62540594
Sounds about right. Thanks Jews.
>>
New study finds lazy people are poor and jealous
>>
File: 3000 usd in 1967.mp4 (2.98 MB, 320x570)
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2.98 MB MP4
>>62540594
guh huh no shit for realsies!? gold and silver are real money? who would have knoooooooown
>>
doesn't surprise me but boomers should be holocausted all the same.
>>
>>62540910
the other guy seems kind of retarded for spending all his money on a car
>>
Double the population, leave the gold standard and print infinity dollars. Hope the goyim don't notice they've become slaves. Distract the goyim by focusing attention on "billionaires"
>>
>>62540594
talking about minimum wage allows low functioning retards a way out of the argument by stating that basically no one makes minimum wage these days.

the argument should be framed around prevailing wages being unaffordable relative to a modest standard of living. the argument should also be framed around wage compression.
>>
>>62540924
You are just lazy and entitled
>>
>>62540908
>>62540927
mom said it's my turn to be gay with dad.
>>
>>62540924
The average person will give you the fluoride stare if you try to get that specific
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>>62540594
Absofuckinglutelynot
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>>62541018
wrong
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>>62541025
It’s not wrong. It’s literally agreeing with tour picrel. The steady price of precious metals remained a constant while fiat declined. Are you a downnie? Dummy
>>
>>62540594
Perhaps you shouldn't have opened the immigration spigot, chud.
>>
>>62540917
>proto boomers and neo boomers are retarded
yehesh they are
>>
>>62540594
Yes the average minimum wage worker in 1970 had a smart phone, laptop, 60 inch color TV, air-conditioning, car that would last for 200k+ miles without major engine work
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>>62541092
They had a home, wife and kids.
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>>62541092
hey niggershit for niggerbrains, i COMMAND you to calculate the % of annual earnings that would be consumed by a smart phone, laptop, television, or AC. now tell me how frequently one purchases these.
>>
My grandpa worked retail and my grandma was a waitress. They bought 3 houses together.
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>>62540594
Ya, that's retarded bullshit. Show me the in-depth analysis and let's see if the retards doing the study even did any hedonic adjustments (I bet they didn't).
>>
The number of botposts itt is unreal
I've never been more disgusted with this place
Not even with the /b/ gore raids
>>
>>62541092
I don't care about that useless shit, in 1970 the US was 88% White.
>>
The point of a minimum wage was literally so that anyone who works could earn a decent quality of living so there would be no working poor. Boomer republicans apparently think you can survive on $40 a day (pre tax). We've lost the thread. The narrative is now that the poor deserve to suffer for being inferior. People are basically all just broken narcissists who have no empathy.
>>
>>62541092
>dude who cares if people are struggling to afford basic necessities like housing and food when they have an endless amount of circus entertainment on their smartphones?
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>>62540614
https://www.youtube.com/watch?v=C_n_qtgUKnY
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>>62541602
Get a skill, even at minimum wage you are overpaid
>>
larry fink's head isnt paste on a sidewalk right now so you can't complain tbqh
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>>62541315
"Hedonic adjustments" is literally a Jewish plot.

>Cant afford a house or food or children? Don't worry, your car has parking sensors which is just as good!
>>
>>62540594
There's americans still living in america? Kek retards. Imagine not leveraging $ wages in a cheaper country investing the difference so you can retire at 30
KWAB
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>>62540594
quick! import infinitey jeets
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>>62541958
Better learn a skill other than crying
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>>62540924
It's still way higher than the median and mean wage of Americans today
>>
If you’re not in the top 10%, you’re lower class.
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>>62541092
Why are you focusing on consumerist measurements? They probably lived happier lives than we do today. You and I will both sit on our electronics and waste hours a day instead of doing anything useful or social or fulfilling in general
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>>62540594
>People got paid in gold in 1971
>You can spend gold
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>>62540594
If you weren't part of the top 10% in 2025, you're lower class
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>>62541018
1. Newspaper boys didn't make minimum wage because they were children.
2. Quarters in 1967 were not made of silver. Half dollars were only 40% silver.
3. Buy my Rocks, 20% commission to buy them and another 20% to change them into something you can actually spend, since you can't spend silver or gold.
4. Imagine paying $25 for a Big Mac.
>>
>>62541980
Both trade schools and universities are saturated with skilled graduates, truly unskilled labour goes to illegals of which they don't need to pay minimum wage.
>>
File: Dozen Eggs.png (4 KB, 299x32)
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Imagine paying $30 for a dozen eggs.
https://www.mclib.info/Research/Morris-County-Library-Reference-Guides/Historic-Prices/Historic-Prices-1960s/Historic-Prices-1967
>>
https://livingwage.mit.edu/ click on a city, scroll all the way to the right 2 adults (both working) and its pretty accurate in my opinion. You could chop $20-$30 a week off the food, and cut the transportation down if you get a bus pass, bike, scooter and/or bum rides from people. You will probably need to do all three. Most of the full-time jobs in my town are starting people out for about a dollar less than that, some two or three. There is no real promotions to anything better. You can get two or three dollars more if you move up to assistant manager but that's about it. Another sign shit is fucked is the low income threshold for tax help is about $70000 a year for households. You can get two full-time jobs where I live and still be under the threshold to get tax help from the IRS. https://www.irs.gov/individuals/free-tax-return-preparation-for-qualifying-taxpayers Two people who get jobs at places that have now hiring signs up all the time will still be under the threshold filing together. All these jobs pay about double minimum wage. Its most of the jobs advertised in my area.
>>
>>62541656
More like:
>We didn't adjust for the fact that your grandpa lived in a 980 sqft bungalow and had 1 car for a family of 5 sharing 1 bathroom in an uninsulated shack with poor electrical wiring, no HVAC and 1 black and white TV.
>Of course, your 2,300 sqft starter home in your local HOA that was built in 2025, should be the same inflation adjusted price. It's not like any new zoning laws or safety regulations have been implemented. We're sure your new house uses the exact same amenities and appliances as grandpappy's old shack...
>>
>>62542692
Tons of illegals work “skilled labor” you coping blue collar.
>>
>>62542708
Eggs are $2 a dozen moron you can buy 20 dozen for 1 hour work
>>
>>62540927
>let the goyim live. in the real world
>>
>>62541092
Why is the median age of first time home buyers increasing over time?
>>
>>62541656
Probably due to the fact that back then having a "fancy meal" was having a grilled hot dog made out of pig anuses on some asbestos barbecue while today I can get a steak delivered to my house through an app.
>>
>>62542747
>You could buy 20 dozen for 1 hour work
Not in 1967. This clown's imaginary $65000 a year for being a part time paperboy because muh gold and silver prices is pure fantasy.
>>
>>62542688
It said News paper delivery boys make five dollars a day. So you have to litigate their salary to have an argument here. I can’t rule out that you’re stupid though so this might be a waste of time altogether?
>>
>>62542814
It said they were paid five quarters an hour which was the equivalent of $50 worth of silver.
I'm not litigating their salary, I'm pointing out that a gallon of milk cost four quarters, which is the equivalent of $40.
You can't spend silver.
>>
>>62540594
Source of this enlightening study?
>>
>>62542834
You can sell silver so there’s arbitrage overtime based on the monetary system’s decline, I think that point is quite obvious. It’s measurable.
>>
>>62542854
What exactly do you think money or currency is?
>>
>>62540686
How many macbooks and 70 inch flatscreens could you buy back then?
Oh, none? You could only get asbestos poisoning? That sucks.
>>
>>62540614
FPBP
>>
>>62542886
Today? Debt.
>>
>>62541092
Sex for procreation is worth not having anything you just wrote.
>>
The obvious solution is 100 million niggers
>>
>>62540594
It's anecdotal, but heres a real data point: my grandfathers first job was delivering groceries on a bike for 50 cents an hour. Every paycheck he would by himself a milkshake, which was 10 cents, so he earned 5 milkshakes an hour. Today a proper shake is what, 8$ at least? so going by the milkshake index, at 15 years old my grandfather was making the equivalent of $40 an hour in todays money
>>
>>62540614
Never happened, chuddie
>>
>>62543327
It’s definitely not anecdotal. It’s systemic based on the monetary system and documentable inflation. You have to recognize that inflation has changed its formal definition and how it’s calculated a handful of times since the 70s so you have to use things like alternate CPI.
>>
>>62543368
>Muh formal definitions
Inflation is inflation
>>
>>62540594
The inflation-adjusted a minimum-wage worker in 1971 was $1.60 per hour, which equaled an annual salary of $3,328 for a full-time worker (40 hours a week, 52 weeks a year). Adjusted strictly for general consumer price inflation (CPI), that amount has the buying power of roughly $26,000 to $28,000 today (about $12.50 to $13.50 per hour).

You retards will fall for anything.
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>>62543336
Goback
>>
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>>62543413
>40 hours a week
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>>62543007
I don't think this is the gotcha you think it is.
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>>62540594
>discuss
no
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>>62543007
>Were the bread and circuses as good as now? Didn't think so, genius.
>>
>>62543218
>Today? Debt.
It's always been debt. Even when it was silver or gold, it's debt.
Debt is a fraction of your life that you trade to somebody else for goods or services.
What you think of as debt is borrowing money. When you borrow money, through a credit card, a car loan, a student loan, or a mortgage, you are promising the lender a fixed amount of your life to repay them for being able to buy what you want now instead of saving up for it.
When you work for somebody else, you incur a debt from them for using your time. When somebody else works for you, you incur a debt to them for using their time.
That's what money is. Money is "You trade a fraction of your life doing work for somebody else, they give you a coupon for x hours of your life (whatever the agreed or common wage is)". The coupon represents a debt that the person who pays you owes for taking a fraction of your life (whether it's hours working for them, or hours crafting a product that they want). That coupon is money. It can be gold, it can be silver, it can be paper, it can be a smooth stick with notches carved into it, it doesn't matter as long as society agrees that it represents a fraction of your life.
Gold was selected as money because it doesn't degrade or tarnish over time and can't be easily counterfeited, not because it's somehow special and unique and the only real way to account for interpersonal debt.
>>
>>62543007
>be me in 1971
>go to best buy
>the tv aisle is all asbestos
>the computer aisle is all asbestos
it was asbestos times it was asworstos times
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>>62544093
maybe i shouldnt have gone to asbestos buy
>>
For me its the unlimited amount of goyslop technology and endless content to be pirated. Its worth the cost of housing
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>>62544027
Lotta words to say you are a brainwashed loser
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>>62540594
Yeah, neoliberalism is bs. Reagan and Thatcher fucked us all over with their policies of austerity and wage stagnation, while conditioning us all to accept cheaper and cheaper consumer goods in return.
Thing is this change was absolutely necessary to avert stagflation. If we revert the policies, we'll just face stagflation again. It's a conundrum. It's like there are limits to capitalism or something.
>>62543007
So your point is that technology has improved and yet the condition of the worker is just as dire? Agreed, friend.
>>62540900
Hate to break it to you, but trump and harris are both married to neoliberal economic policies.
>>
>>62543007
>muh le heckin luxuries used to be more expensive.
And the necessities used to be cheaper.
Quality Of Life index is directly tied to access to necessities and the QOL has been going down. Gen Y is the first generation in recorded history for the QOL index to drop below the previous generations lows, Gen Z is the second generation in recorded history to experience that.
>>
>>62544200
No you are just an entitled loser who thinks you deserve to be handed wealth because you are white
>>
>over 80 comments
still one of the worst boards
>>
>>62543327
A milkshake whenever that time period was is different than a milkshake today. A Small Milkshake at McDonalds is $2.50 today.
>>62544120
Sorry, Baggie, not buying your $120 per ounce Silver.
>>
>>62543278
this.
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>>62541602
You can survive but that is dependent on the fact you already have a house which you should if you are a good person and your parents aren't scum like you.
>>
>>62544859
My grandfather's first job was collecting fish eyes down at the dock . He made 1 cent for every hundred eyeballs. 8 cents, 2 hours work, would get him half a pound of rock candy. Y'all don't know how easy you have it
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>>62543384
That circular and by definition a fallacy. It’s absolutely known that US inflation from the 60s until 2020 has changed dramatically and announced calculated you’re a fucking idiot.
>>
>>62541623
How can Americans be serious when talking about "struggling to afford food"
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>>62545956
>>
>>62545956
The frankenfood that is readily available is not real food.
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>>62540910
Adolf Krampler.
>>
>>62541092
Most anons here would be content with a trailer home and access to shitpost central.
>>
>>62540594
I know these feels
I was making minimum wage back in 1971.
I'm making over 100k/ year today.
This new study is correct
>>
>>62540709
Based bootstraplers
>>
>>62541018
One ounce of silver per day x 260 work days (assuming he only works 5 days a week, for 4 hours) x $50= $13,000 which is roughly the number you get on the US bureau of labor statistics inflation calculator when you put in $1300 (1967 dollars or 260 days times $5)

Not $65k. OP's tard pmg math is not mathing.



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