Rural Lifestyle

Life in Rural America

Tag: wages

Random Thoughts November 16 2012

Time for another random thoughts post.

The Amazing Spider-man

Bought The Amazing Spider-man for the grandkids to watch. The grandkids are between the ages of 3 and 5 and were not interested in Spider-man. But they can watch The Avengers all day long.

Why did Sony have to go back to Spider-man having an artificial web?

I thought The Amazing Spider-man was a rather bland. I like how they got away from the Green Goblin and introduced The Lizard. The original Spider-man movies seem to stuck on the Green Goblin.

Wages Today

A few days ago I was thinking about how much money I was making in the welding shops. In 1987 the top pay of the welding shop I was working at was $11.13 an hour. Minimum wage was $3.35 an hour.

11.13 divided by 3.35 = 3.3223.

In other words, top pay in the welding shop was 3.3223 times minimum wage in 1987.

In 2004 I checked back at that same welding shop, top pay was only around $14 an hour, which was less then 3X minimum wage at the time of $5.15. In other words, wages have not kept up with inflation or minimum wage.

In 1990 I made around $35,000 with overtime. I thought that was pretty good for 22 years old. Minimum wage in 1990 was $3.80 an hour. Other words, I made 9,210 times minimum wage in a single year. But then again, I worked a lot of overtime to reach that $35,000 dollar mark.

To keep up with the standard of living I had in 1990, I would have to be making $66,772 a year. Take my word for it, I make a lot less then $66,772 a year.

How much money are you making today as compared to minimum wage? Have your wages kept up with inflation and minimum wage?

For those of you over 40 years old, how much where you making 20 years ago as compared to today?

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