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Comment Re:Behind the curve (Score 1) 1040

in 1964, the min wage was 1:15. You could actually live off that with a one income family.

Because back then, you didn't require a big screen TV in every room, had only one phone whose monthly bill was probably 10% of total monthly bill of a family of 4 with 4 phones paying 75$ per phone, no computer, no broadband bill, no 100$ cable television bill, no expensive vacations etc.

Min wage has not kept up with the real cost of basic needs. like housing, transportation, entertainment, food, cloths.

Also, our needs have increased.

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