Comparison of 1996 game and console prices to today.

[platformmaster918]

Tamron said:

irstupid said:

One of my first jobs was LIfeguarding.  My max pay was like $10/hr.  Could go no higher.

I have younger cousins that lifeguard now at same pool I did 10 years ago.  The most they can make is also $10/hr.  The only thing that changed was that the starting salary was raised cause of the minimum wage increase.  So it took them less years to reach $10/hr.

But that same job is paying $10/hr.  So for the last 10+ years the same job has been paying roughly $10/hr.  You have shown inflation has gone up plenty in those 10 years.  But those lifeguards at the exact same pool are not making a dime more.  

But the starting price and speed at which they reach that $10 has gone up.

So the accurate way to look at it is, because of inflation the rate and starting price for working that job has increased, but the maximum wage cap for that job has decreased, as such, it has become more of a dead end job.

yeah unfortunately a lot of people view minimum wage bumps as annoyances and just raise wages less to compensate for having to pay the new employees more