VTECin5th
Member
Originally posted by Calesta@Sep 8 2005, 02:08 AM
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This is why I hate these political threads.
Look at the price of gas before the hurricane hit. That would follow your minimum wage argument.
If you look at the value of the dollar compared to the value of gas, you would have your correlation. The amount of minimum wage does not necessarily follow the value of the dollar. Comparing minimum wage to the price of gas isn't the same as comparing the value of the dollar to the price of gas. Minimum wage does not vary directly with inflation.
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Go ahead, $2.10 minimum wage in 1975 was equal to $6.xx+ in 1996 terms.
There is no correlation here to have, i am putting numbers down for those interested. Minimum wage surely does not follow the value of a dollar, or anything else for that matter, it's a real comparison none the less.
The whole inflation bullshit talk is just a hyped up sound-good media assram blow-by.
Inflation has to do with the cost of things and living expenses going up.
Gas is a thing, it costs more.
Maybe you should go ahead and skip this political thread too.