EXPERIMENTING TO SEE IF MY WORKSHEET DISPLAYS PROPERLY ON AN OLD OPEN THREAD. THE DOTS ARE BECAUSE MY EXPERIENCE WITH TYPEPAD IS THAT IT WILL CLOSE UP OPEN SPACES — SO HERE GOES:
My minimum wage worksheet — the easily could-have-been minimum wage dbl indexed for inflation and per capita income growth:
An added thought: By the year 2013 some could speculate that a $20.20/hr minimum wage might not be a realistic expectation evidenced by double indexing alone — from 1968’s $10.69/hr minimum wage — because the fabric of the economy might have changed so radically over 45 years. Fair enough, but LBJ’s 1968 minimum wage would have morphed to more than $14/hr with double indexing by only 1969. Can anyone explain how the economic fabric might have changed radically in a mere 10 years?
Robobee Officially Takes Flight: Robotic Pollinators to Replace Dying Bees
it will be interesting to see if they can mass produce a half million of them for every dozen acres of oranges they want to pollinate…
Rjs
and if they can, it will be interesting to see how much we like the world they are creating.
EXPERIMENTING TO SEE IF MY WORKSHEET DISPLAYS PROPERLY ON AN OLD OPEN THREAD. THE DOTS ARE BECAUSE MY EXPERIENCE WITH TYPEPAD IS THAT IT WILL CLOSE UP OPEN SPACES — SO HERE GOES:
My minimum wage worksheet — the easily could-have-been minimum wage dbl indexed for inflation and per capita income growth:
yr..per capita…real…nominal…dbl-index…%-of
68..15,473..10.69..(1.60)
69-70-71-72-73
74..18,284…9.43…(2.00)…12.61
75..18,313…9.08…(2.10)…12.61
76..18,945…9.40…(2.30)…13.04…72%
77
78..20,422…9.45…(2.65)…14.11
79..20,696…9.29…(2.90)…14.32
80..20,236…8.75…(3.10)…14.00
81..20,112…8.57…(3.35)…13.89…62%
82-83-84-85-86-87-88-89
90..24,000…6.76…(3.80)…16.56
91..23,540…7.26…(4.25)…16.24…44%
92-93-94-95
96..25,887…7.04…(4.75)…17.85
97..26,884…7.46…(5.15)…19.02…39%
98-99-00-01-02-03-04-05-06
07..29,075…6.56…(5.85)…20.09
08..28,166…7.07…(6.55)…19.45
09..27,819…7.86…(7.25)…19.42…40%
10-11-12
13..29,209?.. 7.25..(7.25)…20.20?..36%?
* * * * * *
An added thought: By the year 2013 some could speculate that a $20.20/hr minimum wage might not be a realistic expectation evidenced by double indexing alone — from 1968’s $10.69/hr minimum wage — because the fabric of the economy might have changed so radically over 45 years. Fair enough, but LBJ’s 1968 minimum wage would have morphed to more than $14/hr with double indexing by only 1969. Can anyone explain how the economic fabric might have changed radically in a mere 10 years?