 The best writings at Fifteen Minutes Of Fiction in 2007.
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Inflation
Posted by Douglas, May 18. 232 views. ID = 1314
This post was written in 22 minutes.
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"A penny for your thoughts?"
Dave, who had been staring dreamily at nothing, snapped out of his musings and glared at me. "You have no respect for me whatsoever," he said.
"What?" I exclaimed, astonished by this remarkable statement. I have a great deal of respect for Dave.
"Do you know what the minimum wage was in 1938?" he demanded.
"Uh, no."
"25 cents per hour."
"I see," I said politely, not really seeing anything, and still wondering why Dave said I was disrespecting him.
"This year it's going to be $6.55."
I shrugged. "So?"
"So that's an increase of about 2500% over seventy years!"
"That's amazing," I said, thinking about what it must have been like to live on twenty-five cents per hour.
"Do you know what gas prices were in 1938?"
"No. But I bet you're going to tell me."
"Ten cents per gallon. Compare that to about $4.00 per gallon today, and you've got about a 4000% increase over seventy years."
"Astonishing," I said, envying those people from long ago.
"Yes," he agreed. "So, at those inflation rates, if you want my thoughts, it's going to cost you forty cents, and it's insulting for you to offer me just a penny. Except, of course, I have an IQ of about 150, which means that my thoughts ought to be worth more than the average thoughts by approximately 50%, plus I have a college degree, and when you consider the statistics on wage comparisons between those who have college degrees and those who don't..."
I let him ramble on for about forty-five minutes, and then tossed him a dollar, saying, "Keep the change."
The great thing is that he never realized: at minimum wage, a forty-five minute thought should have cost $4.91. Which just goes to show that a high IQ and a college education don't necessarily count for much when it comes to thinking.
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Comments Isaac May 22 | Darn inflation =) ~Posted by Isaac, May 22 |
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