New Study Finds That A Minimum-Wage Worker In 1971 Had A Lifestyle Affordability Similar To Someone Making $100K Today

https://theleadingreport.com/article/new-study-finds-that-a-minimum-wage-worker-in-1971-had-a-lifestyle-affordability?=0

25 points · 3 comments · view on lemmy.world

3 Comments

Aatube@lemmy.dbzer0.com · 9 pts · 3d

this is a very suspicious source that seems AI-generated

It's Not Laziness—It's Economics

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psycho_driver@lemmy.world · 3 pts · 3d

Trickle down economy working as intended.

antlion@lemmy.dbzer0.com · 1 pts · 2d

A minimum wage worker in 1971 made about 6 to 7 ounces of gold per month. By my calculations that’s equivalent to making about $300k today.