Can you live on minimum wage? (Calculator)

UncleBuck said:
do you have anything to add to the topic at hand, which is how minimum wage gains outpace the rise of cost in consumer goods, or do you just want to fantasize about licking my ass all night?
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Well, if minimum wages outpace the rise in costs of goods, what the beef?
 
UncleBuck said:
let's look. we'll go down the list.

eggs, 12/2005: 1.350
eggs, 12/2009: 1.772

31% increase, wages went up 41%. woooooooooops.

milk, 12/2005: 3.241
milk, 12/2009: 3.105

a decrease, while wages went up 41%. WOOOOOOOOPS.

bread, 12/2005: 1.046
bread, 12/2009: 1.390

a 33% increase, while wages went up 41%. woo00o00ooo0oo0oooo0oo0oo0o0oo0ooo000oops!

WOOOOOOOOPS
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Silver 12/2005 $8.31
Silver 12/2009 $19.30

a 233% increase while wages only went up 41%

Gold 12/2005 $490
Gold 12/2009 $1210

a 147% increase while wages only went up 41%

Copper 12/2005 $3,000 / Metric Ton
Copper 12/2009 $7,000 / Metric ton

a 133% increase while wages only went up 41%

Corn 12/2005 $1.95 a bushel
Corn 12/2009 $3.90 a bushel

A 100% increase, while wages, well, you know.

Wheat 12/2005 $2.95
Wheat 12/2009 $5.25

an increase of 78% while wages....Yep

Woops

Woops


Wooops




WOOOOPS




WOOOOOOOOOOOOOOOOOOOOOPPPPPPPSSSSSSS!!!
 
jahbrudda said:
Do you make minimum wage?
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[video=youtube;WL2txMU50CI]https://www.youtube.com/watch?v=WL2txMU50CI[/video]

Looking for his next sugar daddy. You gotta twerk that shit if you fits to grease dough off homeboy. Back that shit up one time for me, girly.
 
UncleBuck said:
a dozen eggs, august 1988: $0.909
a dozen eggs, august 2011: $1.711

+88%

gallon of milk, august 1995: $2.482 (restricted data set, sorry)
gallon of milk, august 2013: $3.448

+39%

bananas, june 1988: $0.501
bananas, june 2012: $0.605

+21%

coffee, march 1988: $2.634
coffee, march 2010: $3.565

+35%

http://data.bls.gov/cgi-bin/surveymost?ap



all of this while the min wage went from $3.35 to $7.25, meaning it more than doubled (+116%).



i can go on all day with this.
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See? Minimum wage is MORE than enough as it is, it should actually be LOWER than it is now, thanks for making me see the light.

Because of Bucky's infallible posts about how consumer goods are actually cheaper now than ever before, the minimum wage should actually be around $4.50.
 
NoDrama said:
Silver 12/2005 $8.31
Silver 12/2009 $19.30

a 233% increase while wages only went up 41%

Gold 12/2005 $490
Gold 12/2009 $1210

a 147% increase while wages only went up 41%

Copper 12/2005 $3,000 / Metric Ton
Copper 12/2009 $7,000 / Metric ton

a 133% increase while wages only went up 41%
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that's nice, but most americans have "eggs, bread, milk, bananas and coffee" on their shopping lists, not precious metals.


NoDrama said:
Corn 12/2005 $1.95 a bushel
Corn 12/2009 $3.90 a bushel

A 100% increase, while wages, well, you know.

Wheat 12/2005 $2.95
Wheat 12/2009 $5.25

an increase of 78% while wages....Yep

Woops

Woops


Wooops




WOOOOPS




WOOOOOOOOOOOOOOOOOOOOOPPPPPPPSSSSSSS!!!
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you listed what you might have been paid for them, not what the end consumer pays. BLS does not list wheat, but they do list bread, and that only went up 33% while wages, well, ya know.

wages went up 41%, otherwise known as more.
 
NoDrama said:
See? Minimum wage is MORE than enough as it is, it should actually be LOWER than it is now, thanks for making me see the light.

Because of Bucky's infallible posts about how consumer goods are actually cheaper now than ever before, the minimum wage should actually be around $4.50.
Click to expand...


i don't think "give america a demotion" would work well politically.


NoDrama said:
Milk aug 2013 $3.48??


LMFAO, WHERE?? It's $5.20 where I live. The cheap milk is $4.78.
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take it up with the BLS.
 
Checkout time for me, it's a holiday tomorrow but I stall have to go to work.
edit: pot went down in price, that's for sure.
 
UncleBuck said:
that's nice, but most americans have "eggs, bread, milk, bananas and coffee" on their shopping lists, not precious metals.




you listed what you might have been paid for them, not what the end consumer pays. BLS does not list wheat, but they do list bread, and that only went up 33% while wages, well, ya know.

wages went up 41%, otherwise known as more.
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People buy silver and gold and copper every time they buy an electronic device, Corn comes in so many things as does wheat. What do you mean people don't buy those things? They buy them every day.

Show us commodities there bub, its easy to hide inflation when your the BLS, you get to pick and choose your prices. Where EXACTLY did the price for milk come from? Can't pick and choose the commodities prices though.
 
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