this post was submitted on 08 Dec 2024
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Yeah it did, but back in those days, student loans were federally regulated, the minimum wage was set to an appropriate number, it was possible to buy a house while only working one job.
Uh, no? The first state to actually ban smoking was in 2002, minimum wage was already too low to get by and literally not a single person I know was able to buy a house on a single income. I graduated college then and it was a massive recession still happening from the dot com crash. Barbara Ehrenreich wrote Nickle and Dimed about how it is impossible to get by on a minimum wage in 2001 and was already calling for a 15 dollar minimum wage. The US made no progress.
Yeah, I made $6.75/hr in 2002 as a manager
And that only thanks to lung cancer