eftychia: Me in kilt and poofy shirt, facing away, playing acoustic guitar behind head (cyhmn)

QotD

posted by [personal profile] eftychia at 05:24am on 2021-12-22

"Time for your annual reminder that, according to A Christmas Carol, Bob Cratchit makes 15 shillings a week. Adjusted for inflation, that's $530.27/wk, $27,574/yr, or $13.50/hr.

"Most Americans on minimum wage earn less than a Dickensian allegory for destitution."

-- Chris Thompson ([twitter.com profile] DrChrisThompson), 2021-12-17

[Note folks in the replies arguing for using different conversions that significantly increase or decrease Cratchit's salary in modern-equivalent money -- as well as questioning the 40 hours/week assumption built into that hourly rate calculation.]

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