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Dwight Stewart wrote:
"Dee D. Flint" wrote: (snip) The minimum wage is just high enough to keep a single person with no dependents from starving and freezing if they are willing to settle for bare bones survival. It's never been higher than that. Well, it's hardly even that today. While going to college in the early 70's, my near minimum wage paycheck was enough to rent a one bedroom duplex w/garage ($100 per month) just outside LA (Ontario), furnish that duplex, finance a car, feed the two of us, and pay for some school books ($320 per month from the VA paid the tuition and other school costs). Today, my wife pays almost as much for books and lab fees each semester as I paid for tuition. In 1972, my $2.40 per hour kept me in an apartment, food, clothing, and even allowed me to buy a motorcycle. That was .20 above the minimum wage. - Mike KB3EIA - |
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