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Tue Feb 9, 2016, 01:15 PM

$16 in 2016 = $15/hr in 2012 dollars

2012 = $15/hour
x1.02 inflation
2013 = $15.30/hour
x1.02 inflation
2014 = $15.61/hour
x1.02 inflation
2015 = $15.92/hour
x1.02 inflation
2016 = $16.24/hour

$16/hour is the new $15/hour.

So, $16 in 2016... pass it on!

Oh, and while we're on the subject, tell me why seniors and those with disabilities are not deserving/entitled to the equivalent income and level of dignity that accompanies living above the poverty line???

$16/hour x 40 hours/week = $640/week x 52 weeks = $33,280/year = $2,773/month.

Expand Social Security to provide a living income (oh, and tie it to COLAs specifically designed to elderly and disabled spending profiles).


1 vote, 0 passes | Time left: Unlimited
Leave everything as it is.
0 (0%)
I enthusiastically endorse $16 in 2016 for minimum wage but leave the seniors and disabled out of it.
0 (0%)
I enthusiastically endorse $16 in 2016 for minimum wage, minimum Social Security disbursement, and minimum Social Security disability payment
1 (100%)
other [please explain]
0 (0%)
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Reply $16 in 2016 = $15/hr in 2012 dollars (Original post)
Kip Humphrey Feb 2016 OP
Name removed Feb 2016 #1

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