American Retail Workers Earn Less than Rent, US Gears for Military Action & Regime Change in Venezuela

US “minimum wage” in 1963 was $1.25. That’s five quarters per hour, minted in 1963.

Back in 1963, you were paid 5 quarters, or 0.9 ounces of silver. Multiply this by $58/oz, it means minimum wage was effectively $52/hour. What is actual minimum wage today? How much are those retail workers being paid?

Minimum wage ranges from $7.25 to $17.50.

That’s why the little people used to be able to buy houses back in 1963. Today? “You Will Own Nothing.”

I’m sure its just an accident though.

8 Likes