[quote=The-Shoveler]You obviously were not of working age during the 70’s and 80’s
or 60’s LOL.
I remember getting 30% raises almost every year.[/quote]
Oh really. Let’s see how that compounds.
1960 you make minimum wage of $1.00 per hour. Let’s assume 2000 hours worked for $2000 a year. What does 30% raises every year for 20 years do. In 1970 you’re making $27,571 per year. In 1980 you’re making $380K. I really believe it. I’m guessing you got a 30% raise probably 1 once or twice in your first couple years of working. After that, eh not so much huh. Because if you did by 1990 you’d be making $5+ million per year.
