• Dagwood222@lemm.ee
    link
    fedilink
    arrow-up
    49
    ·
    edit-2
    2 months ago

    Think about it this way. In 1960, minimum wage was $1.00/hour and the average home was $11,000.00 In 1968, when Richard Nixon took office, ‘middle class’ meant one Union job supporting a family of four. By the time Bush Sr. left office in 1992 “middle class” was two college jobs to support the household.

    • Flocklesscrow@lemm.ee
      link
      fedilink
      English
      arrow-up
      4
      ·
      2 months ago

      The time difference ('68-92) is roughly the same as the time since the Class of 2000 graduated, and now.

    • Carl
      link
      fedilink
      arrow-up
      1
      ·
      2 months ago

      This information is relevant to 4% of the people in the world.