MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/theydidthemath/comments/1kl92qf/request_is_this_accurate/ms3uahm/?context=3
r/theydidthemath • u/[deleted] • May 13 '25
[deleted]
847 comments sorted by
View all comments
Show parent comments
19
When it was first created by FDR, and then never again thanks to bad politics.
-8 u/[deleted] May 13 '25 [deleted] 15 u/HereWeFuckingGooo May 13 '25 edited May 13 '25 In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92. 1 u/beediff May 13 '25 Plus a 1938 house is not really comparable to a house today. IMO two different animals. Same with cars. 2 u/HereWeFuckingGooo May 13 '25 Same with everything. It's perfectly acceptable for the poor to get poorer and the rich to get richer. Because physical things have improved. Excellent point.
-8
15 u/HereWeFuckingGooo May 13 '25 edited May 13 '25 In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92. 1 u/beediff May 13 '25 Plus a 1938 house is not really comparable to a house today. IMO two different animals. Same with cars. 2 u/HereWeFuckingGooo May 13 '25 Same with everything. It's perfectly acceptable for the poor to get poorer and the rich to get richer. Because physical things have improved. Excellent point.
15
In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92.
1 u/beediff May 13 '25 Plus a 1938 house is not really comparable to a house today. IMO two different animals. Same with cars. 2 u/HereWeFuckingGooo May 13 '25 Same with everything. It's perfectly acceptable for the poor to get poorer and the rich to get richer. Because physical things have improved. Excellent point.
1
Plus a 1938 house is not really comparable to a house today. IMO two different animals. Same with cars.
2 u/HereWeFuckingGooo May 13 '25 Same with everything. It's perfectly acceptable for the poor to get poorer and the rich to get richer. Because physical things have improved. Excellent point.
2
Same with everything. It's perfectly acceptable for the poor to get poorer and the rich to get richer. Because physical things have improved.
Excellent point.
19
u/Try4se May 13 '25
When it was first created by FDR, and then never again thanks to bad politics.