Even with inflation in 1970. It only took 1 worker

[Sandybestdog]

Quote from Pilotboy:
Yeah, I'm not saying they are saints, but they are self made and do recognize the problem of income distribution. As for Hilary, I just think she is your average hipocrit politician (WalMart, China, Unions), Nancy Pelosi couldn't pass a high school GED test if you spotted her 20%.

95% of politicians are a joke.

Yes they are self made, but then again so were slave owners. Maybe that’s a bad example, but what I mean is I want to be self made, but also bring value to what I do. Gates might bring a little value, but we don’t know how much because nobody has really dared to compete with him. I heard he’s building a roller coaster, it’s called, The Blue Screen of Death!

 

[Sandybestdog]

Quote from Trader666:
No, it applies to what you and Sandybestdog have turned this thread into... a place for "victims" to whine about how everything is stacked against them.

It also explains why you can't listen to anyone else's ideas, even if they've been where you are now.

Here you go again. People want to talk about the problems we face and you just ignore everything and say we complain too much. No doubt 250 years ago you would have been the one telling Jefferson and Adams to quit complaining about King George. "Pay those taxes" you would have said. "Let British soldiers terrorize your towns." Like I said, we’ve become a screw or be screwed economy and your solution to the screwed is to become the screwer.

 

[antitrust]

Trader666 is wrong look how worker production increases with pats on back

 

[pepper_john]

Quote from Sandybestdog:


$37 (it is a large local union grocery store) an hour to be a cashier is rediculous nowadays, but back then that was the standard. This crap about needing a college degree to make a decent wage was non existent then. Cashiers got $37 and college educated people got more. The ceo got maybe 30 times that, or 2.2 million (today’s dollars) a year. Now the cashier gets $10 and the ceo gets 400 times that or 8 million.

These numbers seem to be very high. I remember in the early 90s, a software programmer for someone with a Ph.D. from UC Berkeley would be only 50K. So $37/hour for a cashier was probably because of the union.

 

[Trader666]

Pity parties and throwing fits may have worked for you when you were a child but they're counterproductive for adults.

The sooner you realize YOU are the main determinant of what you achieve, the sooner you can achieve it and stop blaming everything and everyone else.

Quote from Sandybestdog:

Here you go again. People want to talk about the problems we face and you just ignore everything and say we complain too much.

 

[Trader666]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2323414>

 

[Sandybestdog]

Quote from pepper_john:
These numbers seem to be very high. I remember in the early 90s, a software programmer for someone with a Ph.D. from UC Berkeley would be only 50K. So $37/hour for a cashier was probably because of the union.

No, it’s $12 in 1975. $37 is indexed to inflation.

 

[Sandybestdog]

Quote from Trader666:
Pity parties and throwing fits may have worked for you when you were a child but they're counterproductive for adults.

The sooner you realize YOU are the main determinant of what you achieve, the sooner you can achieve it and stop blaming everything and everyone else.

We’re all anxiously waiting for your solutions. Oh wait. You don’t have any. It’s the typical, work harder for the same thing or less. Either that or become the guy screwing everybody.

 

[Trader666]

Find and implement your own solutions like I and everyone else did/does. Stop expecting everyone to do everything for you. You're not a child anymore. You're only entitled to what you earn.

Quote from Sandybestdog:

We’re all anxiously waiting for your solutions.

 

[dantm2000]

Guys I guess the answer to this lies in the real vs. claimed inflation, which has affected the costs disproportionately over the last 40 years.

Housing has gone up a lot; some other costs have as well. Cost of technology/etc. is actually down when looking at the value it provides and the quality of living increase.

But the traditionally-affordable things (homes, cars, etc.) I think have gone up way beyond the posted inflation.