You Know You Are Old When

[lman]

I think my Mom finally accepted the fact that she's old at 90. She finally sold the home and 40 acres and moved to a home with only 1/2 acre. When it comes to her age, we called her the queen of denial.

 

[lman]

It's $20 here...

How much is a burger there? I've noticed that menus at many of the restaurants are now cheap paper instead of the fancy laminated menus they used to have. The prices go up every couple of weeks so they have to print menus too often to have a fancy menu.

 

[masscity]

If Congress would have raised the minimum wage every year a certain percentage, instead of leaving at $7.25 since 2009 we wouldn't have the problem with the current minimum wage.

According to my inflation calculator app in my cell phone, the minimum should be $10.60 now.

 

[WinterDeere]

All these posts about (hourly) wages, higher and higher from $7.50… $15…$18…$20. That’s inflation, macro- economics, micro- economics, greed and capitalism, socialism- all in a nutshell. Don’t forget taxes….

Good post, and good points... except this one excerpt I'm quoting. These $15 - $18/hour minimum wages are coming to us thanks to legislation, creating unnecessary inflation, not the other way around.

We can all see the end result, a mile away. Business owners are getting pinched, with rising costs in the face of a customer base who (at least in the short term) reacts negatively to price hikes commensurate with their rising cots. When wages rise to the point where automating a process has a reasonable amortization or return on investment, employees will be replaced with that automation, whether AI ordering systems or automated grills and burger assembly.

 

[WinterDeere]

If Congress would have raised the minimum wage every year a certain percentage, instead of leaving at $7.25 since 2009 we wouldn't have the problem with the current minimum wage.

According to my inflation calculator app in my cell phone, the minimum should be $10.60 now.

Good point. But I do believe that state, county, and even city minimums make the federal minimum mostly irrelevant, in the larger picture of our economy. The talking heads on the news like to excite people, citing new local city minimums (eg. Seattle near $18/hour) against old federal numbers, pretending like this was an overnight jump, which it almost never is. I think Seattle jumped their minimum up by $0.50 in the last year or two.

Inflation created by states and large cities having high minimum wages is real. But pretending like it jumped overnight from $7.25/hour to $17.50/hour is just fake news, which none of us really need.

 

[D&D]

Good post, and good points... except this one excerpt I'm quoting. These $15 - $18/hour minimum wages are coming to us thanks to legislation, creating unnecessary inflation, not the other way around.

Spread the wealth by decree

 

[Oaktree]

You know you're old if you've ever had to ask the room if you just farted.

Dunno about that, someone will generally comment without being asked.

How dare you leave out "In-N-out" burger

I just remember the joint because our son just had to try one while were out there last year (me? never heard of it).

What's so special about them? Read lots of hype online about them, but none around here. 5 Guys is good, but leaves a pretty big dent in your wallet and it's always loud in there.

 

[neverfailyou]

Good point. But I do believe that state, county, and even city minimums make the federal minimum mostly irrelevant, in the larger picture of our economy. The talking heads on the news like to excite people, citing new local city minimums (eg. Seattle near $18/hour) against old federal numbers, pretending like this was an overnight jump, which it almost never is. I think Seattle jumped their minimum up by $0.50 in the last year or two.

Inflation created by states and large cities having high minimum wages is real. But pretending like it jumped overnight from $7.25/hour to $17.50/hour is just fake news, which none of us really need.

Regrets… I didn’t mean to imply that minimum wage jumped from $7 to its current levels. It just wasn’t much in the news I followed after the first few years of my working life. People just didn’t protest (on the news media) that minimum wage wasn’t a livable wage…

 

[FPGT72]

Regrets… I didn’t mean to imply that minimum wage jumped from $7 to its current levels. It just wasn’t much in the news I followed after the first few years of my working life. People just didn’t protest (on the news media) that minimum wage wasn’t a livable wage…

Likely because many people did not expect to live on minimum wage.

Minimum wage was for summer kids, entry level jobs that kind of thing, not what you make a career doing. Wages have never kept up with inflation, why should minimum wage.

 

[ultrarunner]

How much is a burger there? I've noticed that menus at many of the restaurants are now cheap paper instead of the fancy laminated menus they used to have. The prices go up every couple of weeks so they have to print menus too often to have a fancy menu.

Have not looked but good question.

Menus are laminated and owners son is the manager and dies an excellent job…

I was traveling to Seattle and stopped at Dennys in Grants Pass and it was the worst ever.

The Dennys with the owners son manager shows just how good one can be… from clean to wait staff and good service…