Phoenixdonerisen
129878
1951
64
Feb 5, 2018 9:24 PM
Phoenixdonerisen
129878
1951
64
DoYaLikeDags
All the workers are adults.
commentsivehadafew
Sing it with me: Big Mac, Filet-o-Fish, Quarter Pounder, French Fries, Icy Coke, Thick Shakes Sundaes and Apple Pie.
navyjeff
https://www.youtube.com/watch?v=V_XQNjC-ryk
BaphometBarista
Man, I miss those fried apple pies.
Trickynic92
Triple ripple?!?
code13
The fries were delicious because they were still using beef fat..YUM. The burgers were cooked on a flat griddle, double YUM !
HibiscuitsTea
My dad worked there in the 60s. He said they had 4 things on the menu and you had to do the math in your head!
AmericanSatan
And yet the ice cream machine is still broken.
FilthyRapscallions
Can I get a Sprite? Fuck you, no you cannot.
Tenugui
We got spaghetti! And blankets!
braaaiiiiinnnnsss
I dunno man. Orangeade was the shit back then.
coachbBandit
A QUARTER POUNDER WAS 70 CENTS
Jollywally
now I really want a big mac
StopBreathingOnMeYaIdgit
Ahh, back in the days when their ice cream and shake machines ALWAYS worked.
Sprinkleton
You mean 33¢, or $0.33 - 0.33¢ is 1/3 of one penny
ShootYourGooMyDude
According to inflation calculators, these prices rose up far more than inflation did! I'm shocked and outraged!
thornus67
https://media1.tenor.com/images/a48a89aea291bdfc2e62da9538f17df9/tenor.gif
Pizzzzzza
It was all the dollar menu
abacab87
My whole meal at the time, cheeseburger, fries, and chocolate shake was under 1 dollar.
ntropy42
When Hot Apple Pies were deep fried crusts filed with apple lava to burn your mouth. God, I miss that.
silentwolf1999
And this job paid for college....
Shadoweclipse13
And then baby boomers went "fuck everyone else, no one will ever have things this good ever again" and fucked it all up.
Idrinkforevil
As a kid in the 70s I always preferred BK over MCD because of the surprise french fry you would always find in your onion rings
MickeyPupper
Oh man... so many fish burgers.
MyChemicalDarkSide
The ice cream machine (probably) actually worked back then!
thelionpear
Back in the days before phone cameras, taking a picture of this took planning and commitment.
JuliusPepperwoodFromChicago
I was outside climbing through Officer Big Mac.
Ansem571
By tomorrow Bitcoin will be worth almost that much.
manhands
i need more of these "pictures of things from in the past that still exist today so you can compare" images.
NotAmused1001
Go to PornHub and search for your mom. You'll be able to compare her early work with today.
uselessninja
PastryLife
OrionRed
There's probably a category for people getting fucked by comments like this.
Madmanphsycho
I seen the original comment and I was like "nice" then I had to come back when I saw yours for the same reason, +1s
WillyMisfit
IJustLikeToArgue
Great idea! Show side-by-side ads for a desktop PC from 1992 and a desktop PC from 2017. It's amazing Millennials can buy anything today.
WellWellWellLookWhoItIs
Back when the fries were amazingly good.
virgil592
Give me everything on the menu *slams down 5 dollars* and I want my 23 cents back!
Leverbee
Adjusting for inflation, that entire menu would cost $22.66 today.
robboscouse10
Easy there big spender.
JARKB
Did you actually do the math?
TheRicM
dot.
ZhanglEF
I like how you dot it instead of actually doing the math lol. I too will wait
DanielofCamelot
No he didn't it actually comes out to 5.57 assuming that the coke and rootbeer are what cost 15 cents, and the orange drink is what costs 20
kgirl924
I assumed the two soda prices were sizes and that you ordered 1 of each size. Comes out to $5.42 by my calculations.
Cr8tive
6.27 If you order each flavour of milkshake.
cbjfan
Small and large maybe?
Boomermcntastey
I thought it was 15/20 small and large
FuturamaAndFallout
That orange drink use to be my jaaaaaam
37bushelsofpotatoesx2
I remember riding my bike to McDonald’s just for that.
virgil592
To answer your question, Yes I did the math.
JARKB
Awesome.
Shmaaw
You may want to use a calculator next time then.
DickPicEnthusiast
They did the Monster Math
NotADodgeBallCannon
The monster math!
CheetoStains
With tax?
cjjt71200
It was a graveyard graph
ccregor
He did the math!
JackIsLacking
It caught on in his class.
MothMonsterMan
That's my distant cousin
swtorjk
You forgot tax
A2Rasta
Not all places tax food, though. Definitely not back then.
virgil592
...FUCK!
KremmyBear
No food tax in Groveport, OH... oddly enough there is still a tax on drinks though.
eazolan
Why blow your pay for the day on McDonalds?
ChickWithAnAttitude
And we still only went once in a blue moon because it was so expensive to feed 4 kids there.
iamnotilluminati
what would be these prices according to inflation today
shush6
Multiply everything there by 5.34 to get the real comparison price.
jgrow
About tree fiddy.
notinmywatch
30, 30 speed
paragraph
iamnotilluminati
just checked here http://www.usinflationcalculator.com/ so $0.28 burger will now be $1.39
iamnotilluminati
filet-o-fish $2.39. Large Fries - $2.29. coffee $0.75.
chicharrone
Still cheaper than a box of laxatives though
KckUNjUbR6GMwpnD
A hamburger at McDonald's costs $2.49 though. That website uses government calculated inflation which is lower than real inflation.
25schmeckles
I live in Orlando and a plain hamburger costs 80¢
Upvoter2000x
BULLSHIT
NotAmused1001
They're only $1.00 for a cheeseburger where I live.
braaaiiiiinnnnsss
The prices are consistent. Minimum wage, however, is only ~69% of what it was then. So prices are the same, but our buying power is very low
shush6
Minimum wage doesn't set most wages at all. The Capital-to-Labor ratio is what sets wages in the long run. I'm an economist.
HitlersArtCritic
So this means Minimum Wage needs to go up, because wages haven't kept up with inflation.
thisistheguy
I wouldn't base the population's buying power off minimum wage, my first job when I was 18 was the only job I had that paid minimum
braaaiiiiinnnnsss
Fair enough, minimum wage is biased towards the largest % increase. It was just the easiest metric I could access/explain w/in 140 charactrs
shush6
Dude, unless you are an expert in something.... don't "explain". Way too much ignorant shit flying around.
braaaiiiiinnnnsss
Oh go fuck yourself. I made an honest effort, explained what I did and acknowledged limitations. This isn't a science conference.
eroso
But by all means, give more tax cuts for the 1% that should help with the issue!
shush6
By all means, argue with emotions when facts don't support your ignorant hate
eroso
Are you saying that less taxes from 1% means more help to poorer ppl? Trickle down economics work? Woooo, superhappy utopia ahead! Go Trump!
braaaiiiiinnnnsss
Yes. They took home 85% of all new wealth created. They're clearly struggling. http://time.com/money/4371332/income-inequality-recession/
nafun
Hey, they immediately gave pay increases to their lowest paid employees! (while simultaneously firing thousands and closing lots of stores)
BetterDemosthenes
Minimum wage in '74 was $2. Today it is $10.40, or 5X. 5 X $0.33 = $1.65 but a burger at McD today costs only $1.
BetterDemosthenes
https://www.fastfoodmenuprices.com">s/?redir">https://www.fastfoodmenuprices.com/mcdonalds-prices/?redir https://labor.ny.gov/stats/minimum_wage.shtm
TheseAreTheirStoriesDUNDUN
$7.25 in North Dakota.
braaaiiiiinnnnsss
In California minimum wage is $10.50, everywhere else is $7.50.
Zyrixion
$7.25 actually for federal, but yeah it's right for california.
BetterDemosthenes
This link is for NY state: https://labor.ny.gov/stats/minimum_wage.shtm
braaaiiiiinnnnsss
Oh right! NY too. Thanks for the correction. I should have specified *Federal* minimum wage.
JAPONfan
Now, why you lazy millennials can't buy a home like me in the 70's and just waste money on avocados?
observationalist
Then again, min wage in '74 was %2.00. So as a fraction of the min wage, the price has stayed pretty constant. Huh.
thebestjake
Ugh... Adjust for inflation.
Zardo03
And where does this inflation actually come from?
thebestjake
Where do I get inflation data? I check Bureau of Labor Statistics. What are the causes of inflation? I would suggest a PhD in Economics
thebestjake
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=.7&year1=197401&year2=201712
JuicyManush1469
F R E S H A V A C A D O
ThatDirtyOldMan
I'm 50. I remember these days... Looking back, you realize a teacher could buy a house. You could literally make a living pumping gas.
theycallmeMrGlass
Gomer did.
Cheomesh
Halcyon days.
Threns
Oh really? So all those assholes whining about how 'those jobs aren't for people to live off of' are exactly as full of shit as I thought?
omgwtfhuh
Yup.
NotAmused1001
The average wage for teachers in my community is $45k, with a low cost of living. Teachers aren't poor in most places.
Shinotsa
Assuming a 200k house with 20% down, 1 car, married and 2 kids. Bills (insurances too) = ~24k. Net pay is ~33k. 750/mo for all other needs
BooToast
$45k ain't shit because of the debt accrual it takes to even get to that point.
Eilonwyy
That doesn't go as far as you'd think...after taxes and PEEHIP it's nowhere near that much.
whatupmyknitters
so how do you expect areas with a high cost of living to educate their youth, if all the teachers are expected to live somewhere cheaper?
purpalmouth
I made 24k my first year of teaching.
purpalmouth
In 2013 I should add
ButteryButtsButterflyCups
give that teacher 3 kids and then brain cancer and student loans :P
queserasara000
Do I have to? I hate giving people brain cancer. :-/
SmolRat
When I used to work a 7-11, my manager really wanted to be a teacher & he would’ve been an absolutely amazing teacher, but he’d make 1/?
SmolRat
less money teaching than he would managing a shitty 7-11. Best manager I’ve ever had & I feel so bad for him. :/ 2/2
ThatDirtyOldMan
...with $80k in student debt.
itsallinyourmind
How the fuck does someone end up 80k in debt for a four year degree? A teaching degree isn’t that hard, work during school.
DickPicEnthusiast
Not to mention the supplies sometimes teachers have to buy... Plus health insurance, and other expenses.
waitwhat1234
I have a $400 monthly payment on my student loan plus I spend about $150-200 a month on class supplies and food for my students.
NotAmused1001
Step one: Attend a subsidized state school. Step two: Don't borrow more than the cost of tuition. Step three: Profit.
Shinotsa
Subsidized state schools here will still put you down 13k per semester without room/board. 23k with. Almost 100k of debt for 4 years
dunaway5
Subsidized by what? The state colleges here are stupid expensive and the govt keeps trying to kill TOPS so students can get fucked I guess
AustriaNotAustralia
Can someone explain to me how this exactly happend? How became wages and living expanses so different today?
juxtaposedwanderer
Unchecked inflation, fiat currency, and corporate lobbyists.
SpaceSphere
Despite employees becoming more efficient and producing more capita wages stopped going up and inflation happened as stocks became the goal
Mec26
If federal minimum wage kept up with inflation, it would be over double what it is today. But we debate raising it.
fastjeff
Ask a millennials grandparents.
Cheomesh
Mine are long dead, lol.
JAPONfan
You want to make more money. But after a while you can't. So you cut costs firing people. And then saving by not adjusting their wages
hifive2wifei
Someone decided that making money on speculation was better than on reality; it’s pretty much been carousel economics ever since. (50+ here)
Whwat
population explosion. Demand exceeds supply.
somadicouldspitfire
Inflation and greed.
Predicto
Because so much more of the wealth goes to the top 10 percent now.
Vanbytheriver
All of it. They drink your milkshake.
SilverFish0
Mostly greed and a focus on always having to exceed the previous year
CuddlyKitten
The Rich get Richer... and then complain about the economy and cut workers and hours, and still get richer.... and the poor.... well ya know
darthtargaryen
Reagan.
dunaway5
Inflation is inevitable, but some people realized that they could raise prices and lower pay and nobody would notice they were being cheated
FrozenCoast
So long as they turn up the heat slowly.Since the 80s inflation has been low enough to hide year over year until it adds up to where we are.
galadrl2meetu
There is a school of thinking in economics that says inflation is the worst possible outcome. By suppressing wages, inflation is minimized.
galadrl2meetu
We haven't had an inflationary spiral since the 70s.
galadrl2meetu
It should be no surprise that that's when wages began to decline relative to inflation and the economy.
FoLokinix
Part I don't see mentioned is, in US, we got wildly ahead because Europe was wrecked in WWII. That gave us a false sense of what was normal.
TheLingoBingo
Although being able to buy a house on a normal job should be normal though. I do think some of the financial problems I hear Millennials
TheLingoBingo
Having is mostly an American one. Here in Belgium, after 3 years at his first job, my partner was able to buy a nice house with garden
Cheomesh
Yep. Easy to be a major manufacturing power when you're basically the ONLY manufacturing power.
SlightlyBlackerTactleNeck
I think you accidently a word, old man
lokishadowgirl
or had a stroke
ShowMeYourButtonhole
*stronk
toystoryofmylife
I saw a house for sale the other day. 145,000 dollars now and was last sold in 1978 for 34,000. Amazing.
QuackQuackAttack
That is a terrible example. Pretty much the same price
dohcohv
Housing market fluctuates a lot, a 3bd 2ba is 190k right now, 3 yrs ago it was 120k, 7 yrs ago, 60k, 18yrs ago, 200k.
omgwtfhuh
Location matters too. Where I live a 3bd 2ba is $650k+ for fixer upper in an iffy neighborhood, but there's lots of jobs so we're stuck here
dohcohv
There are lots of jobs here, and I'll stick with my $800/mo mortgage.
Gandalfsuglybrother
I looked our 1st house up in San Mateo CA just S of SFO. We bought for $78k, sold for $125k. Now - $1.4 million. Pretty small house.
thebestjake
34,000 in 1978 was ~135K https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=34%2C000&year1=197801&year2=201712
Predicto
Now do that in San Francisco. There are houses that sold for 50k in the 1970s that go for 3 million today.
omgwtfhuh
Seattle area is getting close that as well.
dogfrost9
Adjusted for inflation that $34,000 is about $135,000 today. So they're making about $10,000 off a house they lived in for 40 years.
dantes666999
(1) Average minimum wage in '78 was $2.65 which is $9.96 in today's dollars. Today the minimum wage is $7.25, which is $1.93 in 1978.
dantes666999
(2) So in '78 a full time job made $5500 a year. Today a full time job makes $15,080 min wage.
QuackQuackAttack
I bought my rental house for 280k in 2012. It is now worth 420k just 6 years later. This is why housing isn’t included in inflation.
torokunai
housing is in fact included in inflation. "Core Inflation" excludes food an energy
QuackQuackAttack
Inflation meaning CPI, the most common definition of inflation.
torokunai
purchase prices are not in inflation but rents are ~30% of CPI https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf
waitwhat1234
This really depends where you live. Some areas are stagnant for years.
QuackQuackAttack
Yep, that is why it isn’t included in inflation. Not much to do with the value of a dollar, just local supply and demand
Upvoter2000x
Min. wage was 2 bucks an hour.
minipancho94
adjusted for inflation according to @thewizardneedsfoodbadly that would be a minimum wage of $10.58, better than CA's current min wage.
Upvoter2000x
but not better than most places min. wage - or the federal min. wage
minipancho94
you understand that CA has one of the highest min wage in the nation right? most states are at 7-8$ min wage. so yes, better than any state.
minipancho94
correction, Washington, Massachusetts and DC are the only 3 states as of jan 2017 to actually be higher.
IHateYouMyselfAndEveryone
Federal minimum wage is 7.25/hr
Shinotsa
Minimum wage on East coast varies, but in major states like VA and PA it's still the federal minimum: 7.25.
Upvoter2000x
Yup