this post was submitted on 28 Sep 2024
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[–] Dagwood222@lemm.ee 50 points 2 months ago* (last edited 2 months ago) (2 children)

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 4 points 2 months ago

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

[–] CanadianCarl@sh.itjust.works 1 points 2 months ago (1 children)

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

[–] Dagwood222@lemm.ee -1 points 2 months ago

And your comment is relevant to 0.005% of the people in the world.