SailNet Community - View Single Post - The future of the sailing world. Why are there so few young people cruising??
View Single Post
  #52  
Old 07-02-2012
night0wl's Avatar
night0wl night0wl is offline
Senior Member
 
Join Date: Mar 2006
Location: Fort Lauderdale
Posts: 1,392
Thanks: 0
Thanked 14 Times in 14 Posts
Rep Power: 9
night0wl is on a distinguished road
Re: The future of the sailing world. Why are there so few young people cruising??

Interesting statistic...

Minimum wage in 1968 (I'd say the "peak" of the baby boomers lifetimes): $1.60
Equivalent in 2012 dollars...$10.57
Annualized income if you worked for minimum wage in 1968 equivalent 2012 dollars:$21,140
Federal minimum wage in 2012 real: $7.25
Annualized income if you're working for 2012 minimum wage: $14,500

Things that make you go hmmm....
__________________
S/V Jendai
Beneteau 343
Reply With Quote Share with Facebook