12-10-2018, 01:03 PM | #91 |
I think this line's mostly filler.
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With the $1 -> $8 comment, I suspect he was being sarcastic about robots decreasing prices.
But a cheeseburger and a drink are each on the dollar menu, so you can get both for $2. That's more than the less than $1 from the early days of McDonalds, but there's probably some point in the intervening years where a cheeseburger and coke cost more than $2.
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12-11-2018, 03:23 AM | #92 | ||
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Quote:
Quote:
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12-11-2018, 02:37 PM | #93 |
The Un-Tuckian
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I don't mean since 1940, I mean since the $15 minimum wage went into effect.
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12-11-2018, 08:22 PM | #94 |
Read? I only know how to write.
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Obviously not sarcasm. The coke I once bought for a dime now cost over a dollar. That dime then is now called 90 cents. So the price of coke has increased (but not its cost).
That 63 cent Egg McMuffin is now called $3.10. So automation explains why Egg McMuffin prices have decreased. When I was working for minimum wage in the early 1960s, that is about $13/hr today. |
12-11-2018, 08:24 PM | #95 |
Read? I only know how to write.
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12-11-2018, 08:32 PM | #96 |
Radical Centrist
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12-11-2018, 10:19 PM | #97 | |
UNDER CONDITIONAL MITIGATION
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Quote:
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12-12-2018, 11:13 AM | #98 |
The Un-Tuckian
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What if I used a coup'n?
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12-13-2018, 08:58 PM | #99 |
Read? I only know how to write.
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12-14-2018, 05:23 PM | #100 | ||
Snowflake
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Quote:
Quote:
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12-14-2018, 07:01 PM | #101 |
still says videotape
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In the paper, Amanda Y. Agan of Rutgers University and Michael D. Makowsky of Clemson University analyzed the effect of 200 state and federal minimum wage increases on 6 million people released from prison between 2000 and 2014. What they found was striking: Raising the minimum wage by $0.50 reduced the chance that a person would end up incarcerated within a year by 2.8 percent.
https://www.citylab.com/equity/2018/...divism/571948/
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12-15-2018, 01:09 AM | #102 |
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minimum ain't enough...
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12-15-2018, 09:28 AM | #103 |
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That clearly says nothing about inflation. All this was discussed previously:
Would someone give me the short version of this basic economics question? |
12-15-2018, 07:55 PM | #104 |
I love it when a plan comes together.
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If they had taken that $20 bill from 1998 and invested it instead of buying all that junk food, they might have been able to fill their cart now.
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12-15-2018, 10:48 PM | #105 |
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They'd be real skinny too.
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