• Dagwood222@lemm.ee
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    1 month ago

    Side note.

    Back in 1960, minimum wage was $1.00/hour and a new Jaguar was about $6,000.00

    If a minimum wage worker really wanted one, he could buy a supercar. $1.00 x 40 x 52 =2,080. Three years ot buy the car.

    $15.00 x 40 x 52 = 31,000. Ten years work to buy that car.

    • adam_y@lemmy.world
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      1 month ago

      Back in 1960 this story is in the UK and we were never paid in dollars.

      If a minimum wage worker wanted a jaguar his mam would have clipped him round the ear and told him to get a grip.

      Edit: there’s some confusion that I’ve conflated minimum wage with teenagers… But here. In the North of England, we still have multigenerational houses in the working class… And more than that. If I act like a dafty, my Mam would still happily travel across town to clip me and I’m an old man.

      • OccultIconoclast@reddthat.com
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        1 month ago

        If a minimum wage worker wanted a jaguar his mam would have clipped him round the ear and told him to get a grip.

        That’s a bit beside the point, innit? Whether the wealth inequality started high enough that it was unattainable then, it’s surely a bigger gap now, right?

      • Dagwood222@lemm.ee
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        1 month ago

        I like the way you buy into the myth that the only people who make minimum wage are teenagers.

        That’s a mythical myth that isn’t true. Hence, calling it a myth.

        • adam_y@lemmy.world
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          1 month ago

          I like the way you assume that anyone in the UK who has a mam that would clip them is a teenager.

          You made a massive assumption on how the working class lives here.

    • smeg@feddit.uk
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      1 month ago

      Three years of not paying tax or buying food, but I get your point