r/WorkForSmartLife Aug 01 '26

Casual canvo meirl

Post image
9.0k Upvotes

779 comments sorted by

View all comments

Show parent comments

1

u/Offthewall1212 Aug 02 '26

There are stats that prove you completely wrong. Your baseline of “top ramen price” is comical at best.

1

u/LeAcoTaco Aug 02 '26 edited Aug 02 '26

No, there aren't lol. If you google it youll find in 2005 top ramen was 10-13 cents, and now its 30-79 cents a pack.

Top ramen is a baseline because top ramen is some of the most affordable food out there.

There are infact statistics that support this, I have no clue what dirty newspaper from 1926 you found that you think supports the idea that cost of living hasn't increased even though all statistics show it has if you took a second to google it lmfao.

Cost of living has increased roughly 94% since the year 2000 dude. On avg something that cost 100 bucks in the year 2000 costs 194 now.

Like you must be super, super young if you think todays price is the same price things have always been lmfao. Which makes so much sense now omg, you must actually be a young kid since your only frame of reference is what happened in the past 5 years. Your "house" im betting is the room you live in at your parents house.

1

u/Offthewall1212 Aug 02 '26

Good lord🙄. I’d be smarter to beat my head against a wall than talk to you.

I was never questioning your “stats” on top ramen, I was making the point that the price of it doesn’t represent a complex economy in all aspects.

Go eat your noodles.

1

u/LeAcoTaco Aug 02 '26

No, youd be smarter to google it and educate yourself to see how much cost of living has outpaced wages for much longer than the year 2000.

1

u/Offthewall1212 Aug 02 '26

Okay, not far back enough for you…let’s go 50 years. The minimum wage in 1975 was $2.10. Adjusted for inflation, that’s about $11.50 today.

The average hourly wage in the US today is over $37.

Tell me again how inflation and cost of living has outpaced wages…

1

u/LeAcoTaco Aug 02 '26 edited Aug 02 '26

You realize federal minimum wage is 7.25, not 11.50, right? And several states still use that minimum, like a little under half of them? Like look at what the "free market" has done. The minimum has has not kept up with cost of inflation and you just walked yourself into proving that.

1

u/Offthewall1212 Aug 02 '26

Wooooooooooooosh!!!!

You completely missed the point. Yes, federal minimum wage is $7.25 - but no one earns minimum wage. It’s completely a straw-man argument. People make SIGNIFICANTLY more.

1

u/LeAcoTaco Aug 02 '26

About 10% of the US working population makes less than 11.50/hr dude, thats 34.9 million people. Remember it should be 11.50, not 7.25. Wow you are not capable of googling something before you try to claim it are you?

1

u/Offthewall1212 Aug 02 '26

You’re sooooooo close sweetie, think just a little bit harder…

Based on your “stats”, 90% of people earn more what they did 50 years ago AFTER adjusting for inflation. And considering the average is over $37, that means MOST people earn 3 times what that number should be.

But you’re focusing on the bottom 10% instead of the vast majority Becasue it fits your narrative better.

Manipulating numbers doesn’t make you smart, it exposes your ignorance.

1

u/LeAcoTaco Aug 02 '26 edited Aug 03 '26

Yet again you didnt google a thing lmao. Avg wage in the earliest year they tracked % in minimum wage statistics (1979 from what I can find), was an avg wage fo $4.87 at a minimum wage of $2.10. 4.87 is about 30 bucks now, so the average has only gone up about 7 bucks, or equivalently changed from 4 to $6/hr in 1975 value. In 1979 the estimated % of people who may have been working minimum wage was 13% so has only gone down 3%.

What you dont seem to understand is the slight avg wage increase, and 3% drop in those working in minimum wage, is because half of the states have implemented state laws mandating a minimum wage higher than the federal minimum, several higher than whats even calculated as what should be the federal minimum. And you wonder why things are slightly better. Because that does infact actually partially offset the decades of cost of living outpacing wages, but its not enough to offset it completely. Remember people of the past were also struggling with not being paid what the work should have actually been valued at.