Jump right on to the “Good Ship Jesus“ on this one:

If you’re making $7.75 – $8.00 an hour and the market value of an employee in today’s terms is $34.00 per hour as to actual cost-of-living ($22.50 if you want to be low-income), you’re already operating at a deficit of $25-26 an hour.

In other words, you are paying your employer about $1,040 a week for a 40-hour work week AND paying for your own expenses, too; all for the privilege of making them a profit.

Fifty years ago, the annual yearly income for an average working stiff was $5,880, or about $2.85 an hour, give or take a few.

Gas was .25 a gallon, milk was $1.06 a gallon, a loaf of bread was .21, a postage stamp was a nickel, a pay phone call was a dime, magazines cost between .25-.35 and the average subscription was $5 a year. A GE gas clothes dryer cost $99.95, a pair of name brand shoes was around ten bucks, 400 Squibb aspirin tablets cost under $2, a 19″ Admiral television was less than $150, a tape recorder cost about $80 more or less, a pre-fab house cost between $9k and $18k, and a Rolls Royce Sedan was less than $20,000.

At $7.75 – $8.00 per hour, the average working stiff is now getting about $16,120 a year before taxes. That’s around 2.5-times more than it was 50 years ago.

Gas is now about $3.60 a gallon, more in a lot of places — at nearly $4 a gallon in California. Gasoline costs 14.5 times more now than it cost then and the wages have gone up only about 2.5 times.

Milk costs more than three times now what it did then and wages are only at 2.5 times more.

Bread is nearly $4.00 a loaf in most places, compared to .21 back then. Bread costs as much for a loaf as gasoline is a gallon, and it costs 18 times more now than it did then. Wages are STILL less than three times what they were then.

On the AVERAGE, the cost of these three items alone has increased 11.8 times — and income taxes, comparatively speaking, are NEVER going to go down, so don’t even dream about it.

If wages had kept up, the average person would be making AT MINIMUM $69.3k a year, or about $33-$34 an hour.

In other words … nobody (no self-respecting full-time employee with a family to support, that is) has any business making less than $30 an hour right now, and that’s the LOWBALL hourly rate.

Now, as long as you don’t mind running errands with your cash from one white man and delivering it to another one for a living, and paying THEM to let them work for you, you should be good to go.

It’s just another form of slavery that says you still aren’t worth much more than your plantation-dwelling ancestors, and that they are still entitled to your labor for only as much as they can “legally” get away with paying, or less.

Food for Thought: Think about that REAL hard, especially if you remember that, in 2008, Barack Obama asked John McCain during one of three presidential debates how much he thinks it takes to be considered MIDDLE INCOME, and McCain, stumped because he had not prepared for such a question, answered “about $5 million” … a year. In annual income. He later adjusted up to $7 million – for people to be considered middle income.

Obama used that question to show America just how out of touch McCain, and the Republicans, are with the average working class American citizen — the other 99-percent of us

According to John McCain, that means that anyone who makes less than $5 million A YEAR is poor, or at least “low-income.” So that meant that even the $50 an hour that he offered at the time for “lettuce-picking in Yuma” in the hot slave sun of early morning to late at night was a low income wage to him. You’d only be making a measly little paltry $104,000 a year salary at that rate. What does that say about that $34 an hour you SHOULD be making, and that $8 an hour that had to be squeezed out of them?

Besides, that was some pretty good angling for a man who never earned a dime a day in his life; and who is also living off the accumulated wealth of a beer brewery heiress of a wife who never worked for a red cent of her money, either.

Those who profited off real slavery never gave it up, and don’t plan to.

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Reference

Said he “did just fine off $1.35 an hour” … well, if bread still cost .21 a loaf, gas was still .25 a gallon and milk cost $1.06 a gallon, no one would need to make $8 an hour, either.