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Posted on Jun 19, 2008

By Mark Fiore

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By GW=MCHammered, June 22, 2008 at 7:33 am Link to this comment
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I pumped gas in the mid-seventies. Regular then was 45-cents per gallon and my wage was federal Minimum $2.10 per hour.

Now that gas is ten times the price it was in the mid-seventies, shouldn’t minimum wage be $21.00 per hour? Just to remain in line with prices I mean. We certainly wouldn’t need an economic stimulus check.

It’s no wonder that the longest car loan in the mid-seventies was mandated at 2 years to protect consumers from rapid devaluation. And it’s no wonder that after one year of pumping gas even at or about minimum wage, I owned-outright my first brand new car!

Of course, with gas profits and worker productivity being at an all time high, perhaps a more realistic minimum wage would be $28.00 per hour. And to those that say, “Yeah, but everything would cost more,” guess what? It costs more anyway!

Gdubya = Middle Class Hammered

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By Perruptor, June 20, 2008 at 4:38 am Link to this comment
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This was embarrassingly bad. Did someone’s Middle School project escape?

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