i think the last time i saw someone do the math, that by the time 15 is fully rollled out everwhere the minimum would need to be like 26-30 dollars an hour to keep up with ridiculous costs of everything.
Also no health insurance, no IRA, eat only rice and beans/ramen, live in a small studio with a roommate, can’t afford anything new and salvaging from flea markets and thrift stores… And the college is community college with lots of grants from the government.
So you’re saying live extremely frugal and struggling?
That had nothing to do with the minimum wage (which has been lower than $15 of today’s dollars since inception), but because of how much cheaper college was back then.
i think the last time i saw someone do the math, that by the time 15 is fully rollled out everwhere the minimum would need to be like 26-30 dollars an hour to keep up with ridiculous costs of everything.
Meanwhile the same job 70 years ago paid the equivalent of $34 plus benefits
The minimum wage in the US has never been higher than about $12 in today’s dollars.
you could go to college on a part time job and have no debt.
Also no health insurance, no IRA, eat only rice and beans/ramen, live in a small studio with a roommate, can’t afford anything new and salvaging from flea markets and thrift stores… And the college is community college with lots of grants from the government.
So you’re saying live extremely frugal and struggling?
That had nothing to do with the minimum wage (which has been lower than $15 of today’s dollars since inception), but because of how much cheaper college was back then.