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Avocado toast
(lemmy.nz)
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this post was submitted on 27 Oct 2026
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Microblog Memes
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I think they are saying they make less than $66 an hour, the equivalent of which their dad was making
Only equivalent in terms of house prices.
and inflation by m2 supply. Minumum wage in 1950 was 0.75/hr, which would be $58.97 today.
I'm not totally sure what you mean by that but it can't have translated into actual price inflation, which would give around $10 today from 75c in 1950.
Using m2 for inflation is the most accurate way to do it. If you use cpi is will be off by a large number in the long run
No, didn't you read? Regardless of the cost problems, their degree is either bullshit or in the field of bullshit.
Apparently bull semen can be valuable (I guess their degree could be on that topic as well), but I've never heard that other excretions are worth much.
Jokes aside, I make a lot more than my dad ever did annually. With his income, he owned a home outright, supported up to four kids and a wife, and had fairly extensive savings. I have one kid, one wife, and one home. I'm very fortunate and grateful to have what I have, but it is unlikely I'll ever match his success.
It’s not really matching his success, it’s matching his pay. Very different things, especially as we know that people today are vastly more productive than in years past.
Just because someone is stealing your work doesn’t mean you didn’t succeed at it(and deserve fair pay).
I see your point, but in this case I wasn't considering it a personal failure. I am having difficulty providing for my family; being able to do so would be my success, in which I could approach his.
I'm not being intentionally self deprecating, nor am I (currently) ashamed, but I do appreciate the reassurance you offered.
I've commented this before elsewhere, but I also believe I make more than my dad. He raised a family on one income, paid off a house in 15 years, sold it, took all the money and bought a house twice the size with a very small mortgage that is probably paid off by now.
I'm living paycheck to paycheck renting a one bedroom apartment with me and my two cats and my dad has told me if he had to pay what I do for housing he couldn't afford to survive.