Posted by Greg1959 on September 29, 2012 at 17:03:22 from (69.176.13.178):
In Reply to: $1/hr posted by George Marsh on September 29, 2012 at 16:04:43:
Yup, back in 1973 I made 50 cents per hour. Loading hay on a wagon and throwing it up into the loft of the barn.
According to the CPI Inflation Calculator that 50 cents is equal to $2.59 per hour today.
Using the same CPI Inflation Calculator for $1.00 per hour wages in 1967 (2012-45= 1967) you were making $12.80 in todays wages. Not too bad when a lot of people are making $7.25(minimum wage) in todays work force.
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