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indepat

(20,899 posts)

27. Lucky us that the U.S-styled fascism, which abounds with a zeal, is wrapped in the flag and carrying

Reply to socialist_n_TN (Reply #25)

Sun Sep 1, 2013, 06:54 PM

Sep 2013

a cross of Jesus.

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40% Of Americans Now Make Less Than 1968 Minimum Wage [View all] kpete Sep 2013 OP

K & R & Spread. HughBeaumont Sep 2013 #1

+1 leftstreet Sep 2013 #2

that's an amazing stat Liberal_in_LA Sep 2013 #3

+1. It's very revealing. closeupready Sep 2013 #6

And one percent make more than the 1968 maximum wage daleo Sep 2013 #4

Much More. Tuesday Afternoon Sep 2013 #38

I'm in that 40% hotrod0808 Sep 2013 #5

In 1968 I was married with two children (age 23) making $1.65 an hour, as a janitor. bemildred Sep 2013 #7

But not just an anecdote, that was a living wage then.. mountain grammy Sep 2013 #19

Yes, so you know too. bemildred Sep 2013 #24

Prices from 1968 that I remember Art_from_Ark Sep 2013 #68

Yes, I remember having a couple bucks was gas money for the week. bemildred Sep 2013 #70

A quarter was real money back then Art_from_Ark Sep 2013 #71

We are in the dark ages when it comes to wealth/economics. We dumped royalty 200 years ago, but we reformist2 Sep 2013 #8

We pretty much ignored de Tocqueville on this, so are now paying dearly for it. 99th_Monkey Sep 2013 #20

First they impoverish them, then debase, finally they abandon them. That's a deep thought there. reformist2 Sep 2013 #21

That is some quote! nt Enthusiast Sep 2013 #61

Yes. I ran across it in graduate school in the 80s 99th_Monkey Sep 2013 #62

Factual error. Keeping up with inflation not th same as keeping up with productivity on point Sep 2013 #9

thank you demwing Sep 2013 #17

True. So the banker used to pay you $1 to mow his yard in 1968. Today he pays you $10, and you mow jtuck004 Sep 2013 #35

now That is ON POINT!! Tuesday Afternoon Sep 2013 #42

Fair warning to the rich: dickthegrouch Sep 2013 #10

And the Reagan revolution continues with brute force under administration after indepat Sep 2013 #11

In the dictatorship of capital it's ALWAYS capital that's rewarded.... socialist_n_TN Sep 2013 #18

TPTW refuse to reign in capitalism because too many elected officials have garnered a taste indepat Sep 2013 #22

A Russian style revolution.......... socialist_n_TN Sep 2013 #25

Lucky us that the U.S-styled fascism, which abounds with a zeal, is wrapped in the flag and carrying indepat Sep 2013 #27

........ daleanime Sep 2013 #53

The 1% hoovered up all the money from workers' incresed productivity. SunSeeker Sep 2013 #12

Which Hoover? AnnetteJacobs Sep 2013 #41

Yes, pun intended. nt SunSeeker Sep 2013 #67

Just posted this... Spitfire of ATJ Sep 2013 #13

To the PTB, this is a feature, not a bug Populist_Prole Sep 2013 #14

If minimum wage kept up with inflation Curmudgeoness Sep 2013 #15

Vote out all Republicans. nt gulliver Sep 2013 #16

And all bought off Democrats as well! We need to get politicians who will pass real Dustlawyer Sep 2013 #44

Now people can understand that when those of us who finished college before 1968 say that JDPriestly Sep 2013 #23

This has to change. Enthusiast Sep 2013 #65

Well, maybe some wages went up riverbendviewgal Sep 2013 #26

Elizabeth Warren takes this issue to the Senate .... Scuba Sep 2013 #28

I hope that she won't do an Obama when she'll be at the White House. NealK Sep 2013 #31

I wonder what states have the lowest earnings per family? I could take a wild guess and demosincebirth Sep 2013 #29

Thanks kpete! NealK Sep 2013 #30

but, but, Phlem Sep 2013 #32

that is so fucked up gopiscrap Sep 2013 #33

�The way to make money is to buy when blood is running in the streets.� John D. Rockefeller jtuck004 Sep 2013 #34

And the Republican Caucus rejoiced... huzzah!!!! King_Klonopin Sep 2013 #36

True, but there really isn'a any basis for expecting wages to track productivity bhikkhu Sep 2013 #37

I think if the company becomes more productive that all participants... Half-Century Man Sep 2013 #50

It is a complicated argument, not nearly as simple as the OP would indicate bhikkhu Sep 2013 #56

I'm a Journeyman Electrician specializing in Automated CNC Machining cells... Half-Century Man Sep 2013 #58

That sounds reasonable bhikkhu Sep 2013 #59

I think 40% is the bare minimum Half-Century Man Sep 2013 #60

Isn't it Econ 101? CANDO Sep 2013 #72

On an individual basis, yes bhikkhu Sep 2013 #73

Thank you for fleshing out the argument. CANDO Sep 2013 #74

Savvy! blkmusclmachine Sep 2013 #39

Of course the Gang of Cheerleaders is missing from the recommendation list. Divernan Sep 2013 #40

Great post. Enthusiast Sep 2013 #66

no wonder.... matt in france Sep 2013 #43

Welcome to DU, where in France do you live? uppityperson Sep 2013 #47

the Var matt in france Sep 2013 #57

That's Nice. Nt uppityperson Sep 2013 #63

about 1hour matt in france Sep 2013 #64

Happy Labor Day! Octafish Sep 2013 #45

k&r thanks for posting. nm rhett o rick Sep 2013 #46

Not sure this is right. The minimum wage in 1968 was only $1.60 an hour Quixote1818 Sep 2013 #48

"1996 dollars"... that's already 17 years ago! reformist2 Sep 2013 #51

Wow! How did I miss that? Thanks for pointing that out. nt Quixote1818 Sep 2013 #54

This says $1.60 would be worth $10.74 today Quixote1818 Sep 2013 #55

The problem is, many working class people will not support this. bklyncowgirl Sep 2013 #49

Why aren't we asking why pricing never Skidmore Sep 2013 #52

More republican lies, from republican lie central. All Lies! Safetykitten Sep 2013 #69