|
Inflation during the time was about 35%. Take the 35% increase, multiply by a 90% increase (1.35*1.9) and you end up with a 155% increase in wages. If shoe salesman was making $10/hr in 1995, he's are now making $25/hr. And most likely not as a shoe salesman.
__________________
James
The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
Red-beard for President, 2020
|