Birdwatch Archive

Birdwatch Note Rating

2025-05-17 06:48:04 UTC - HELPFUL

Rated by Participant: 5FDBD1A5EE0AE61051CE8993E1F50D315867702AE173F4E7A89133BC264D47A4
Participant Details

Original Note:

The minimum wage in 1975 was $2.10. Median sales prices of homes was $38,100 in Q1 1975. Median sales price in Q1 2025 was $416,900, so to keep homebuying power the same the minimum wage would need to be $22.98. This also ignores improvements in home quality since 1975. https://www.dol.gov/agencies/whd/minimum-wage/history#:~:text=The%20minimum%20wage%20went%20to,farm%20workers%20stopped%20at%20%241.30. https://fred.stlouisfed.org/series/MSPUS#

All Note Details

Original Tweet

All Information

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  • version - 2
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  • helpfulnessLevel - HELPFUL
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  • ratingsId - 19227344536605533415FDBD1A5EE0AE61051CE8993E1F50D315867702AE173F4E7A89133BC264D47A4