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eniwetok

(1,629 posts)

22. quick factoid

Reply to Initech (Reply #11)

Mon Feb 27, 2017, 03:57 PM

Feb 2017

The value of the MW almost doubled between 49 and 69. It reached it's peak constant dollar value in 1968. It merely adjusted to inflation it would be worth about $11.05 today... about $7300 a year. This affects EVERYONE in between the current $7.25 and that $11...

We've let the economy to become addicted to a depreciating MW which means it would have a harder time adjusting to a sudden rise up to $11 than if the MW had simply been adjusted to inflation every year. The GOP uses its own duplicity in letter the MW depreciate as a excuse to not raise it.

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It's not just Amazon... eniwetok Feb 2017 #7

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Duh... I forgot about the wholesale clubs eniwetok Feb 2017 #20

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quick factoid eniwetok Feb 2017 #22

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