Quote:Yes...that's exactly what I said. You caught me, and here I thought I was being so sneaky about it. :teehee:



You said you wanted the next generation to do better than ours, and I pointed out that they can not expect to do the exact same work that you do and expect to be able to have a better lifestyle than you do now, even if you adjust wages to a comparable inflation level.


I also agree that wages should increase with at least the inflationary rate.

 

If they're working minimum wage, no.   But minimum wage workers today should expect more than what minimum wage in 1968 would do.  And they certainly can't do that if they don't at the very least have inflation adjusted rates for minimum wage.


Just look at the price of computers.  Or the price of HDTVs for that matter.  At one time an HDTV cost $600.  Now you can get one for about $250.  Over time things should become more affordable.  What is once a luxury, should not remain a luxury just because you can do without it.  Otherwise we can't really expect to grow.  The next generation should be able to do more with what is comparably the same amount of wages.

 

It's okay that we're moving to an economy that requires both people to work (even if you're making above minimum wage)  What I don't think is okay is that people making minimum wage (or thereabouts) have to be on food stamps so that they can make it.  And I don't think it's okay that people think "You're just lazy" if you aren't making it because there's a LOT of factors outside of your skills as to what you make.  The idea that if you work hard, you'll go somewhere just doesn't work so well anymore.  Today it's "Work hard, and your boss will get ahead" (and no, he won't pay you back once he gets there)  It's actually been like that for a while now.  The hard workers don't get credit for what they do.  

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