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Democratic Primaries

bluewater

(5,420 posts)

4. Adjusted for inflation $50 in 1962 is still only $428 per YEAR in 2020 dollars.

Reply to sheshe2 (Reply #3)

Sat Feb 8, 2020, 08:17 PM

Feb 2020

So, no, it's apples to apples.

As you pointed out, the minimum wage was $1 per hour. So in little over a 40 hour week of work, a person could have paid for a YEAR of college tuition.

That's not true for minimum wage earners in 2020.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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James Carville being hypocritical about "free college tuition" [View all] bluewater Feb 2020 OP

Never really Rebl2 Feb 2020 #1

I never really cared for him either.. whathehell Feb 2020 #2

Well the price of gas in 1960 was .31 cents. sheshe2 Feb 2020 #3

Adjusted for inflation $50 in 1962 is still only $428 per YEAR in 2020 dollars. bluewater Feb 2020 #4

Okay. sheshe2 Feb 2020 #5

I used your $1 an hour minium wage number. bluewater Feb 2020 #7

He isn't talking about his own experience gollygee Feb 2020 #6

Of course he isn't, back in his day college was affordable. He fails to point that out. bluewater Feb 2020 #8

That's totally beside the point gollygee Feb 2020 #15

It's not beside my point that he is being hypocritical bluewater Feb 2020 #16

Excellent post! Buckeyeblue Feb 2020 #17

The university of California system used to be free until Reagan stopped it as Governor. octoberlib Feb 2020 #9

Hey there's 1.5 trillion in rent on those students Voltaire2 Feb 2020 #10

He's criticizing candidates who advocate things that might cause us to lose... brooklynite Feb 2020 #11

Alternatively, he could be criticizing candidates who advocate things that might cause us to win... bluewater Feb 2020 #12

Which candidate is doing well on the basis of this proposal? brooklynite Feb 2020 #13

um, Sanders? Remember him? He did well in Iowa, I hear. ;) bluewater Feb 2020 #14