Inflation?.

[Bailey Guns]

My monthly pay when I enlisted in 1979 was $419. That's like $2.62 per hr for 40 hrs...and I worked a lot more than 40 hrs week. An O-6 with 26 years in service made $18 an hour basic pay back then.

[crays]

McDonalds at Wadsworth and Chatfield is advertising jobs at $18 per hour. That's $34k a year. Not bad at all.

My first job in 1986 was $5.50.

Actually, at full time, that's $37,440 a year. Of course , that's pre-tax.

Sent from somewhere

[eddiememphis]

Actually, at full time, that's $37,440 a year. Of course , that's pre-tax.

Sent from somewhere

Math is hard.

I guess that's why they didn't hire me...

[Sawin]

It doesn't have to be hard, or even precise I learned some time ago to just double the hourly rate and add 3 zeroes and you have the annual salary equivalent....
ie. $15/hr = $30K salary, $30/hr = $60K, $50/hr = $100K, etc. obviously there's a little margin of error in that, but it's a fair ballpark for the context.

[XJ]

Standard vending machine cans are fixed dimensions and immune from smaller size of many branded items in the grocery. Store-brand and generics do not seem to be as bad, yet. The other day I noticed that OJ ranged from 52 to 59 oz, store brand from concentrate was still 64.

[MrPrena]

I've learned long ago that 200k salary job that had 14hour per day is not $97/hr but ~$55/hr.

[Aloha_Shooter]

One of the ways Keynesian economics "pays" for its programs is by devaluing the currency so the loans taken out by the government are repaid with less real value. I stopped buying US savings bonds years ago when I realized what a flim flam it all is.

[DDT951]

Actually, at full time, that's $37,440 a year. Of course , that's pre-tax.

Sent from somewhere

I am going to go with $37566.

$18* 2087 = 37566.

2087 is what the government (OPM) recognizes as "full time"

[DDT951]

I've learned long ago that 200k salary job that had 14hour per day is not $97/hr but ~$55/hr.

Amen, brother.

[.455_Hunter]

With a bachelor's in mech engineering and transitioning from Army O-3 in 2002, I started at $24 per hour with my current defense contract based employer. I will hit 19 years next month.