NoChillJones
Banned
Relative to the cost of putting somebody through school back then yeah factory wages back then were more equitable. Wages have not kept pace with inflation either and least of all in the coastal US so no it's not total bullshyt, purchasing power back then was stronger. According to this $4.03/hr in 1971 was equivalent to $22.40/hr today.
This is a chart of average weekly earnings looking at the wage differential between whites blacks and Hispanics from the 60s to the 90s with inflation accounted for. The 70s was one of the best decades for black wage equity for obvious reasons (civil rights era). You notice that throughout the 70s the average was above 500 a week or about $8-10 an hour for a 40 hour work week (although obviously many were working far more than 40 hours a week).
Black folks (and particularly working class black folks) were on track for much bigger gains in equity UNTIL mass incarceration in the 80s and 90s completely fukked it up. It is a sweeping statement but definitely an accurate one on the West Coast where I'm from.
You notice that throughout the 70s the average was above 500 a week or about $8-10 an hour for a 40 hour work week
So $8-10 an hour on a 40 hour work week averages about to $500 a week huh............your fukked up math actually makes perfect sense now.......no need to continue on. I mean any man that says that 4.03 which is about $160 a week in the 70's (which clearly doesn't make sense with the chart you posted) is the same as 22 an hour with is just under 990 weekly now.........this nikka is a math genius yall......