Why do you hate "Merica?I don't think the word "need" means what most people think it does...
he had the smart mid 20's life crisis....traveling europe...Why do you hate "Merica?
After you make them walk to school and back in the snow.I'm going to show that to my kids
Was that before or after the ATV accident. ATVs and waverunners suck.Your cousin was laughing AS he hit the pier.
Actually one of them does.After you make them walk to school and back in the snow.
Not really, just the owner/operators.Was that before or after the ATV accident. ATVs and waverunners suck.
That's a $400 kid's bike in 2013 dollars. Same as a bottle barrel MTB at an LBS.I bet that wasn't considered to be a cheap bike in the day.
Dang, that's a lot for a kids toy.That's a $400 kid's bike in 2013 dollars. Same as a bottle barrel MTB at an LBS.
Walton Family wasn't in a position to rob our economy back then.Dang, that's a lot for a kids toy.
1963: The Shirelles and Jan and Dean were topping the charts. The Fugitive was a hit TV show. John Kennedy was in the White House. Jackie Kennedy's pillbox hats were the height of fashion.
And the minimum wage, when adjusted for inflation, was $8.37, a dollar and 12 cents higher than today's rate of $7.25.
Sylvia A. Allegretto and Steven C. Pitts lay out the math in a paper for the Economic Policy Institute. At its highest point (in inflation-adjusted dollars) the minimum wage was $9.44 in 1968. It's 23 percent lower now. And despite those who claim that a higher minimum wage leads to greater unemployment, the official unemployment figure in August of that year was 3.5 percent, less than half the current rate of 7.4 percent.
Productivity has risen - but working people have seen none of the resulting wealth. As Lawrence Mishel and Heidi Shierholz, also of the Economic Policy Institute, note: "During the Great Recession and its aftermath (i.e., between 2007 and 2012), wages fell for the entire bottom 70 percent of the wage distribution, despite productivity growth of 7.7 percent."
In fact, as Dean Baker and Will Kimball point out, "If the minimum wage had kept pace with productivity growth it would be $16.54 in 2012 dollars" - and that's using a conservative estimate of that growth.
Still not a good reason for favoring growing inequality or significantly lower effective tax rates on the top compared to then in the early 60s. Trickle down (and more recently in the EU, Austerity) policies are proven as a detrimental fallacy, wagering no longer required.I'd wager productivity growth has been concentrated in the top 10% of skilled jobs, not distributed evenly.
What he saidI ride an SE 29er I got on clearance from Jenson. Cheap bikes are fun.
You know what else you can have a sh1t-ton of fun with? A really expensive bike.
Or a reasonably priced one.
Whatever. Fun is fun.
Most people don't consider a $400 BMX bike cheap.That's a $400 kid's bike in 2013 dollars. Same as a bottle barrel MTB at an LBS.
Wage growth hasn't even kept pace with inflation. Fifty years of progress has resulted in most Americans being poorer, even the middle class, not just those on minimum wage.I'd wager productivity growth has been concentrated in the top 10% of skilled jobs, not distributed evenly.
my wife was going to join a yoga gym, but then she discovered that she has access to all the same routines via youtubeGod bless quicken. You can categorize everything. A santa cruz blur costs about as much as the wife's gym memberships.
4x is deadThis guy needs to see this vid- http://www.pinkbike.com/forum/listcomments/?threadid=63873&pagenum=19
My brain melted and ran out my nose trying to read that thread.