DemigodrickA to Low Quality Facts · 7 days agoWe've been robbedimagemessage-square5fedilinkarrow-up152arrow-down113
arrow-up139arrow-down1imageWe've been robbedDemigodrickA to Low Quality Facts · 7 days agomessage-square5fedilink
minus-squareSpikesOtherDog@ani.sociallinkfedilinkarrow-up21·7 days agoIts about $13 from $1.60, but the cost of housing and vehicle ownership has increased in KY from $12.6k to $261k and $3500 to 50k. If it had kept pace with these things it would be almost $25 an hour, which is enough to get by with one adult or two adults and kids.
minus-squareDeath_Equity@lemmy.worldlinkfedilinkarrow-up4·7 days agoNow recalculate using the old method of calculating inflation instead of the newer method.
minus-squareSpikesOtherDog@ani.sociallinkfedilinkarrow-up3·6 days agoI calculate with a search engine because economics are otherwise outside my understanding.
minus-squareotter@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·7 days agoFacts. 🤘🏼 It’s not the best tool available, but it’ll get people on the right track, I feel. 🤓
Its about $13 from $1.60, but the cost of housing and vehicle ownership has increased in KY from $12.6k to $261k and $3500 to 50k.
If it had kept pace with these things it would be almost $25 an hour, which is enough to get by with one adult or two adults and kids.
Now recalculate using the old method of calculating inflation instead of the newer method.
I calculate with a search engine because economics are otherwise outside my understanding.
Facts. 🤘🏼
It’s not the best tool available, but it’ll get people on the right track, I feel. 🤓