WARNING: This blog contains copious amounts of adult GAY material. If that's offensive to you, please leave now. All pix have been gleaned from the internets so, if you see a picture of yourself that you don't wish to have posted here, please leave a comment on the post and I will remove it with my apologies.I REPEAT: If you see a picture of yourself that you don't wish to have posted here, please leave a comment on the post and I will remove it with my apologies.
That was about the time I entered the workforce, and I can attest that there were a LOT of people working 40 hours a week, selling VCR's (and other electronics) while comfortably supporting their families. I remember a few who actually were able to fully retire! My first non-food-service job was as a sales clerk for a regional electronics outlet. We (starting out) got paid minimum wage (I think it was around $3.05 and hour) plus commission! It was good work with and for good people. That was about the time I started back to school to learn computer programming which led me to my first corporate salary job ($15,500 a year! Woo-hoo!)
ReplyDeleteYou forgot to mention in which year it was.
DeleteIn my unversity times (1971-1974) I was working in a kind of Walmart (Mira,tcal Mart) at $0,75/hour. Back then I could feed myself with two bags of grocery at around $20. Didn't have a big rent for my room in the basement of a house.
1974-75 my first job as a teacher in Ontario (Sudbury) my income was $7 500$/year but my rent for my bachelor apartment was $150/month.
The year after getting a teacher's job (unionised) in province of Québec I earned $10 500/ year.
Still could live well paying rent and food even bought a used car.
My income got better year after year, got married, raised three kid owned 4 houses and could buy Volvos (4) not to forget many benefits from my job and government like universal health care system.
I retired in January 2011 at 60yo after my last year of teaching at $71 000/year.
Today I live with a retirement income of $41 000/year which is quite enough for me to eat well and have a nice rent on a 5 1/2 room apartment.
The economy in the US --- well, the world, really --- is so fucked up right now.
ReplyDeleteI went from $365 / month in the military to $18k a year in civil engineering. Bought my first home during the 70s while still in the military for $21k. Now, you can't even buy a car for that!
The great American pyramid scheme with more bailouts to come !
ReplyDeleteThe billionaires drink their fine champagne and piss it out on everyone else. What’s the financial term for that ?
Oh yes, trickle down economics !
-Rj