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Kinda of expensive considering minimum wage was .75Back when a gallon of gas was .15, pack of smokes a nickel. and minimum wage was .75 per hour.
I remember a taco was .19 when I was a young buck....
Kinda of expensive considering minimum wage was .75
It's not too bad today if you keep your eyes open.
Pretty sure taxes weren't nearly as the same today though. That medicare tax that comes out of my check every week could be gun money instead or even my nonexistent 401k...OK, so if minimum wage back then was $0.75 per hour, then $79.95 ÷ .75 = 106.60 work hours to buy that M1 rifle.
Federal minimum wage now is now $7.25 per hour. Current price of a service grade M1 through CMP is $730.00. $730.00 ÷ 7.25 = 100.68 work hours to buy that M1, meaning, it's actually cheaper to buy one NOW than it was in the good old days!
Pretty sure taxes weren't nearly as the same today though. That medicare tax that comes out of my check every week could be gun money instead or even my nonexistent 401k...