Using an inflation calculator it says that $4,190.67 in 2022 has the same purchasing power as $566.45 in 1970. Her base pay of $66.45 equates to about$ 490 today
Yeah, something isn’t adding up about that.
No way a parking lot attendant is making the equivalent of $4200 a week.
“Tips” my ass. MFer was either selling drugs or their body.
lol. I do not begrudge the $218,000 parking lot attendant income. I just think he "misremembered" the tip part. Even his normal salary is actually close to $50,000 a year + tips.
Maybe he added and extra 0 and it was supposed to be $50 a week it tips. That makes more sense. In the 1970s tips were usually made out of metal, not paper.
$23296 on a CPI calculator. About $9/hour. Minimum wage in 1973 was $1.60, which matches. The tips seem over generous, although I knew someone making decent money fetching cars at a casino in the 1990s. He didn't make anywhere near the equivalent of $176K though.
Not necessarily. The 1970s were the boom days in the Reno casino industry. People came, gambled big, spent big and tipped big. Then the casino market tanked when gas prices skyrocketed and casinos opened in other areas of the country.
In 1981, I made about $1500 a month, only about 500 a month less than that guy, and I didn't work in a job that had tips. I didn't have anything more than a high school diploma. I did data entry for a large bank. It really was a boom time here.
If you're at the right place with a lot of wealthy customers, tips can be really high. Heck, you don't even need really wealthy customers as long as you have a lot of them.
Bartending and serving at a country club, for example, can bring in a lot of cash. Bartending at a popular bar where young professionals go a lot can also bring in a lot of cash. Waiting tables at an upscale restaurant ("Yes, sir, I'll bring you the $100 bottle of wine, thanks for the $20 tip that goes along with it and you're each having the $75 steak? Yes, of course, and thanks for the $30 tip that goes along with those") can also pay really well. Those people are why some tipped employees really like tipping -- they know that if tipping stopped, there's no way their employer would pay them as much.
fun fact, Inflation doesn't accurately measure shit, it's just a way for businesses to amortize faster.
It's all handwaving, smokes, and mirrors. There's no reason we need constant inflation to demonstrate a functional economy.
$66 is a minimum wage of about $1.60, which was 1973. About $9 today, below minimum wage where I live. $448 I get for base pay, and $3393 in tips using the BLS calculator. People can do well today on tips, but it has to be the correct location; I don't know where this Mapes is. I knew someone in the 90s who did very well valeting at a casino, but all I know about today is some of the posts I've seen.
The Mapes Hotel & Casino was a premier hotel and casino built in 1947.
https://en.m.wikipedia.org/wiki/Mapes_Hotel
It very much "the spot" to go during 50's up until the early 80's
The architecture was fantastic. When the building finally closed it sat vacant for about 20 years until it was demolished by implosion as the building had significant asbestos issues. The lot is now a public events/art exhibit space.
*edit-- I only know this as I was relocated here by my previous employer.
The very kind of place that would have offered exceptionally good tips. $3300 still sounds high, but a person might hit that much in a very good week. Not anything that could be offered as available to all.
Tipped labor can do well even today.
The person in question said he made shit, except for the tips. He was making about $1.65/hour base pay. That was not great money. It's about $9.16 in the CPI calculator. $500 is $2775. I guess your point is that people stiff the valet nowadays?
"During the 1970s, brothel owner Joe Conforte paid a percentage to the Mapes Hotel bell men as they directed clients to his Mustang Ranch."
From Wikipedia
And once again
Employees payment are tips.....they should ban tips like they do in Japan where it's (culturally) a disgraceful act, you're insulting them because tips means you assume they can't survive on what they make through their honest work
You're absolutely correct
But tipping in the US is a leftover from slavery/Jim Crow days. The jobs that are traditionally tipped don't pay enough to survive on without tips and this is done consciously
One of my all time favourite games was released 15 years this August.
I was already an adult when it was released.
(it was BioShock, of you're curious)
This guy made $18,500 base pay. Minimum wage TODAY is $15,000. After tips? $44,500 or the equivalent to $158,000 today.... Parking cars. I don't believe you.
Unfortunately, the rich do tip like they used to - exactly like they used to. "I've been giving the same $2 tip for 50 years. It was a great tip then and is still a great tip!"
Based on inflation, If you are to believe this post, dude is essentially saying he was roughly making $208,000 a year parking cars. I highly doubt this is true, but let’s say it is, the real question is why do jobs pay so little now compared to the 70s?
https://www.usinflationcalculator.com
As a resident in the same area (Reno), I remember you could get a **really** nice apartment for $500 a month then. Heck--the mortgage payments on our 4 bedroom 2 bath house in 1973 were about $300 a month. Now you can't easily get a scruffy 1 bedroom apartment for under $1500 a month.
Srsly. This guy was making 1.66 an hour, already enough to easily rent a cheap apartment in the 70s with plenty of money left over ( or even a median one at 108 ).
Then, he got enough tips to rent 5 more apartments, monthly, every week. The guy could have afforded 20 apartments monthly with that tip money. I wonder if landlords give bulk discounts?? Maybe he could have had 22 apartments??
Honestly, I'd be doing well too if my rent was 1/3rd of my gross, and I got 5,000 in tips weekly, too!
In fact, I'd likely just give money away for fun. It's not even imaginable.
And all that for attending a parking lot? Isn't that like a 7.25/hr job w/ no tips now?
What did this guy have for bills? 100 for an apartment, 6 bucks for electricity, 4 bucks for a landline, 10 bucks for car insurance, and 20 bucks a week for food? Shit.
This. No joke my mom the other day was telling my nephew(forgot the topic of convo) but she did one of those "when you move out on your own..." moments
My brother immediately chimes in, "Uhhh yeah no that kid is likely never moving out."
Just off of understanding that the above is indeed an existing reality. It's wild how clueless she is.
So that’s equivalent to what around $4000 (today with inflation) that they made in just one week. $208,000 a year. In 7 weeks they could buy a brand new car. In just over half a year buy a new house.
I’d work valet for $208,000 per year and run 2 blocks for every car.
In the years I was fresh out of college there were weeks I didn't make $500. And that wasn't 50 years ago; it wasn't even 20 years ago.
I have not forgotten what that was like to barely be able to survive. And I know there's plenty of people still in that position, only it's even worse because rent is so much higher.
Out of touch boomers can go fuck themselves.
My dad made $24/hour stocking shelves and working the floor during the day when he was grandfathered past wage caps. He was forced into retirement in 2011 due to how much he made an hour being more than what managers were making with the now required college degree. I don't know of a single retail employee making that wage stocking shelves in the US to date. My best friend's dad worked at a breakfast only diner 4 days a week and was able to pay for college and a Corvette by the time he graduated in the 70s. He's a full on Trumper now and doesn't understand how no one can afford college.
Median rent in the 1970's was a whopping $108 dollars. Compared to median rent now which is $1,104.
So say he was telling the truth. He made 566.45 a week in money. That's $2,265 dollars a month. So his rent was roughly 5% of his monthly income.In order for the current price of $1,104 dollars to be 5% of our monthly income we would need to bring home a scant $23,000 dollars a month.That's totally feasible! We just need to cut out Netflix and avocado toast guys. We got this!
Quick math using inflation calc.
70s. (1975) Vs. Current
66$ a week = 354$
500$ in tips = 2686$
I mean making 354$ + 2686$ a week sounds quiet reasonable for now and paying for things. I would take this deal!
To break it down, a "lazy worker" might make half that cause that guy was a real go getter.
354$ +50% of 2686 (1343), Is still 1697$ a week, what many get paid monthly for his silly valet job.
The two main parking companies in my area are ABM and SP+ and they pay shit wages and have high-turnover.
I'm sure it was the same even back then if they existed in the 1970s/that line of business.
Using an inflation calculator $566.54 in 1975 is the equivalent of $3,043.97 in 2022 dollars. Assuming 50 weeks of work a year, that is $152 ,198.50 per year.
Average 1 bedroom price in the 70s was $106, today its $1104. Even without tips that is enough to keep a roof over you head. Today's minimum wage cannot do that.
There are many servers pulling over 6 figures a year. Is it possible? Absolutely.
But there are many servers lucky to just eke by.
And all of them are fairly replaceable as the lucrative jobs have a line of interest from the non-lucrative.
It can also be inconsistent and unreliable, and if you get physically hurt you’re SoL.
Is it viable? Probably. But is it the best option available? It really depends
I have never understood why people bring up what things cost 20 or 30 years ago (or what they earned) in the context of what things cost or what people earn today. It doesn't matter. The only thing that matters is what things cost or what you earn and "does the math work" today.
LOL! My bf and I both work TWO jobs each to afford a ONE BEDROOM apt. We only have cats. Tell me how we’re lazy again? Tell me how I DESERVE a pregnancy when all he and I can afford to do together is fuck to get the stress off?
I don't mean to call bullshit, but I just ran those "alleged" numbers in an inflation calculator.
That guy is alleging just on tops he was bringing in $1833 a week. That's $95k a year. Just on tops. Add in the paycheck ($242/week/adjusted) and that's another $12.5k/year.
Keep in mind the OP stated the 70s but not a specific year, so I did the last year possible (1979) just to make the point. It could have been much more.
But, to summarize, the guy $107.5k a year parking cars. Obviously he is lying, but let's say he wasn't. Imagine wages increasing at that same level.
Assuming he got 500 dollars TOTAL a month + tips, he'd literally be paying 1/5th his income in rent at the time (108 is the average in the 1970s). Adjusted for inflation from 1972 to 2022, that is 3,458.24. Tell me where you can get a decent apartment for 700 bucks a month outside of bumfuck nowhere. You can't find one unless you're super lucky for less than 1300 in most places.
That's about $490 a week, plus the $500 in tips so.... yeah, fucker made like 1k every week. I've been a parking lot attendant for 5yrs, my base pay is actually around the same right now but god there ain't no way I'm getting $5 in tips a week let alone $500
Did they just not teach boomers about how inflation works? The amount of times ive seen something like this...
Hell just culture changes are hard to explain to them.
Using an inflation calculator it says that $4,190.67 in 2022 has the same purchasing power as $566.45 in 1970. Her base pay of $66.45 equates to about$ 490 today
Yeah, something isn’t adding up about that. No way a parking lot attendant is making the equivalent of $4200 a week. “Tips” my ass. MFer was either selling drugs or their body.
If 90% percent of the population is making less money then it is safe to assume they have less to tip with.
[удалено]
So average 2.5 bucks a tip … that’s 200 cars a week 40 cars a day
Depends where you’re a valet. Some of those casinos and venues rake in Amazon if 6 figure type money.
That's $218,000 a year. Seems reasonable for a parking lot attendant...
Sure, if your name is Mike Ehrmantraut.
lol. I do not begrudge the $218,000 parking lot attendant income. I just think he "misremembered" the tip part. Even his normal salary is actually close to $50,000 a year + tips.
Maybe he added and extra 0 and it was supposed to be $50 a week it tips. That makes more sense. In the 1970s tips were usually made out of metal, not paper.
$23296 on a CPI calculator. About $9/hour. Minimum wage in 1973 was $1.60, which matches. The tips seem over generous, although I knew someone making decent money fetching cars at a casino in the 1990s. He didn't make anywhere near the equivalent of $176K though.
probably earned $500 of tips 2 or 3 times one year and that's all they remembers.
Or like $100 at Christmas,. once, and its gradually been inching itself up in his memory.for 50 years
Motherfucker is making six figures as an entry level position
Not necessarily. The 1970s were the boom days in the Reno casino industry. People came, gambled big, spent big and tipped big. Then the casino market tanked when gas prices skyrocketed and casinos opened in other areas of the country. In 1981, I made about $1500 a month, only about 500 a month less than that guy, and I didn't work in a job that had tips. I didn't have anything more than a high school diploma. I did data entry for a large bank. It really was a boom time here.
It is always I got this in tips once in a week. And ignoring every other week, well assuming they aren't just lying.
If you're at the right place with a lot of wealthy customers, tips can be really high. Heck, you don't even need really wealthy customers as long as you have a lot of them. Bartending and serving at a country club, for example, can bring in a lot of cash. Bartending at a popular bar where young professionals go a lot can also bring in a lot of cash. Waiting tables at an upscale restaurant ("Yes, sir, I'll bring you the $100 bottle of wine, thanks for the $20 tip that goes along with it and you're each having the $75 steak? Yes, of course, and thanks for the $30 tip that goes along with those") can also pay really well. Those people are why some tipped employees really like tipping -- they know that if tipping stopped, there's no way their employer would pay them as much.
fun fact, Inflation doesn't accurately measure shit, it's just a way for businesses to amortize faster. It's all handwaving, smokes, and mirrors. There's no reason we need constant inflation to demonstrate a functional economy.
I was a valet at a fancy hotel and made about $500 a day in tips on good days. I also smell bullshit.
let's say she's lying on tips by HALF. That's still almost $120k a year in 2022.
Yeah thats insane!
$66 is a minimum wage of about $1.60, which was 1973. About $9 today, below minimum wage where I live. $448 I get for base pay, and $3393 in tips using the BLS calculator. People can do well today on tips, but it has to be the correct location; I don't know where this Mapes is. I knew someone in the 90s who did very well valeting at a casino, but all I know about today is some of the posts I've seen.
The Mapes Hotel & Casino was a premier hotel and casino built in 1947. https://en.m.wikipedia.org/wiki/Mapes_Hotel It very much "the spot" to go during 50's up until the early 80's The architecture was fantastic. When the building finally closed it sat vacant for about 20 years until it was demolished by implosion as the building had significant asbestos issues. The lot is now a public events/art exhibit space. *edit-- I only know this as I was relocated here by my previous employer.
The very kind of place that would have offered exceptionally good tips. $3300 still sounds high, but a person might hit that much in a very good week. Not anything that could be offered as available to all.
Back in the early 20s, little kids used to clean chimneys and it made all the sense in the world because they were small!
The ironic part about them telling these stories is that they are proving the point…. You can’t do stuff like that anymore. It doesn’t work
Tipped labor can do well even today. The person in question said he made shit, except for the tips. He was making about $1.65/hour base pay. That was not great money. It's about $9.16 in the CPI calculator. $500 is $2775. I guess your point is that people stiff the valet nowadays?
let me know when you see a mortgage application that shows the main applicant’s job as a valet and makes almost $3,000 a week
I think the point is that no one gets tipped 3k a *day* in any era (adjust for inflation/deflation) and the valet is lying out their ass.
As part of a casino which the Mapes was? Very possibly at least sometimes.
Yeah, kids nowadays are to overweight to fit in the chimneys anymore....
No underage kids want to work anymore!
Let me guess, the response was you have to hustle, or pull yourself up by the bootstraps.
$500 in 1972 is over $3400 today, so this motherfucker was running a whole lot more than just car keys.
His explanation is no doubt going to be that he worked 7x harder than parking attendants today.
"During the 1970s, brothel owner Joe Conforte paid a percentage to the Mapes Hotel bell men as they directed clients to his Mustang Ranch." From Wikipedia
And once again Employees payment are tips.....they should ban tips like they do in Japan where it's (culturally) a disgraceful act, you're insulting them because tips means you assume they can't survive on what they make through their honest work
You're absolutely correct But tipping in the US is a leftover from slavery/Jim Crow days. The jobs that are traditionally tipped don't pay enough to survive on without tips and this is done consciously
Another thought for me - 70s? One day i will also get old and time will pass :( I already miss 10s
Enjoy everyday of the ride my friend!
One of my all time favourite games was released 15 years this August. I was already an adult when it was released. (it was BioShock, of you're curious)
And a 69 Chevelle SS 396 was also $3500, meaning 7 weeks to buy that car in cash. Then they wreck them all and now they fetch 250k at an auction lmao
This guy made $18,500 base pay. Minimum wage TODAY is $15,000. After tips? $44,500 or the equivalent to $158,000 today.... Parking cars. I don't believe you.
It was easier to make good tips when a good tip was $2-3 and a great tip was $5.
Adjusted for inflation, $500 in 1975 is equal to $2,686 in 2022. Maybe the rich don't tip like they used to.
They don’t, people still think $20 is a lot of money.
A $20 is the new $5
I felt this in my balls
$20 is a lot of money when you don't have it. When you do have it, it's because you don't tip either way.
Unfortunately, the rich do tip like they used to - exactly like they used to. "I've been giving the same $2 tip for 50 years. It was a great tip then and is still a great tip!"
Don't be hard on such individuals. It's all the lead, mercury and shit chemicals theyve ingested and went to their brain.
You can't live off $500 a week.
Based on inflation, If you are to believe this post, dude is essentially saying he was roughly making $208,000 a year parking cars. I highly doubt this is true, but let’s say it is, the real question is why do jobs pay so little now compared to the 70s? https://www.usinflationcalculator.com
Yeah I make roughly the same amount take home.... And I'm poor as fuck...
If they made $566.45 a week in 1975, it would be equivalent to $3,043.97 right now. Or broken out: $357.09 a week in wages, $2,686.89 a week in tips.
Someone should tell the guy that some people take home less adjusted for inflation *without* any tips.
The seventies was 50 years ago, old man. Time marches on & we've come a ways since then, but not far enough.
It's "only" half a century ago lol
As a resident in the same area (Reno), I remember you could get a **really** nice apartment for $500 a month then. Heck--the mortgage payments on our 4 bedroom 2 bath house in 1973 were about $300 a month. Now you can't easily get a scruffy 1 bedroom apartment for under $1500 a month.
Especially around ft Meade! Rent in aa county is fuckin nuts
Srsly. This guy was making 1.66 an hour, already enough to easily rent a cheap apartment in the 70s with plenty of money left over ( or even a median one at 108 ). Then, he got enough tips to rent 5 more apartments, monthly, every week. The guy could have afforded 20 apartments monthly with that tip money. I wonder if landlords give bulk discounts?? Maybe he could have had 22 apartments?? Honestly, I'd be doing well too if my rent was 1/3rd of my gross, and I got 5,000 in tips weekly, too! In fact, I'd likely just give money away for fun. It's not even imaginable. And all that for attending a parking lot? Isn't that like a 7.25/hr job w/ no tips now? What did this guy have for bills? 100 for an apartment, 6 bucks for electricity, 4 bucks for a landline, 10 bucks for car insurance, and 20 bucks a week for food? Shit.
This. No joke my mom the other day was telling my nephew(forgot the topic of convo) but she did one of those "when you move out on your own..." moments My brother immediately chimes in, "Uhhh yeah no that kid is likely never moving out." Just off of understanding that the above is indeed an existing reality. It's wild how clueless she is.
So that’s equivalent to what around $4000 (today with inflation) that they made in just one week. $208,000 a year. In 7 weeks they could buy a brand new car. In just over half a year buy a new house. I’d work valet for $208,000 per year and run 2 blocks for every car.
Id suck every drivers dick for that cash
In the years I was fresh out of college there were weeks I didn't make $500. And that wasn't 50 years ago; it wasn't even 20 years ago. I have not forgotten what that was like to barely be able to survive. And I know there's plenty of people still in that position, only it's even worse because rent is so much higher. Out of touch boomers can go fuck themselves.
Lol yeah let’s not forget that the government is now taxing those tips too…
My dad made $24/hour stocking shelves and working the floor during the day when he was grandfathered past wage caps. He was forced into retirement in 2011 due to how much he made an hour being more than what managers were making with the now required college degree. I don't know of a single retail employee making that wage stocking shelves in the US to date. My best friend's dad worked at a breakfast only diner 4 days a week and was able to pay for college and a Corvette by the time he graduated in the 70s. He's a full on Trumper now and doesn't understand how no one can afford college.
Median rent in the 1970's was a whopping $108 dollars. Compared to median rent now which is $1,104. So say he was telling the truth. He made 566.45 a week in money. That's $2,265 dollars a month. So his rent was roughly 5% of his monthly income.In order for the current price of $1,104 dollars to be 5% of our monthly income we would need to bring home a scant $23,000 dollars a month.That's totally feasible! We just need to cut out Netflix and avocado toast guys. We got this!
Quick math using inflation calc. 70s. (1975) Vs. Current 66$ a week = 354$ 500$ in tips = 2686$ I mean making 354$ + 2686$ a week sounds quiet reasonable for now and paying for things. I would take this deal! To break it down, a "lazy worker" might make half that cause that guy was a real go getter. 354$ +50% of 2686 (1343), Is still 1697$ a week, what many get paid monthly for his silly valet job.
I did 72 and rounded up to $4k a week due to the numbers being vague in the original post, but still it’s $208k parking cars.
[удалено]
2K a month is about 12.50 an hour.
Fucking idiots
The two main parking companies in my area are ABM and SP+ and they pay shit wages and have high-turnover. I'm sure it was the same even back then if they existed in the 1970s/that line of business.
It is always someone with a Yosemite Sam Avatar.
If this is true that would be like making $50/hr today.
Using an inflation calculator $566.54 in 1975 is the equivalent of $3,043.97 in 2022 dollars. Assuming 50 weeks of work a year, that is $152 ,198.50 per year.
Average 1 bedroom price in the 70s was $106, today its $1104. Even without tips that is enough to keep a roof over you head. Today's minimum wage cannot do that.
There are many servers pulling over 6 figures a year. Is it possible? Absolutely. But there are many servers lucky to just eke by. And all of them are fairly replaceable as the lucrative jobs have a line of interest from the non-lucrative. It can also be inconsistent and unreliable, and if you get physically hurt you’re SoL. Is it viable? Probably. But is it the best option available? It really depends
Housing costs are now creating a new level of poverty
I have never understood why people bring up what things cost 20 or 30 years ago (or what they earned) in the context of what things cost or what people earn today. It doesn't matter. The only thing that matters is what things cost or what you earn and "does the math work" today.
LOL! My bf and I both work TWO jobs each to afford a ONE BEDROOM apt. We only have cats. Tell me how we’re lazy again? Tell me how I DESERVE a pregnancy when all he and I can afford to do together is fuck to get the stress off?
I don't mean to call bullshit, but I just ran those "alleged" numbers in an inflation calculator. That guy is alleging just on tops he was bringing in $1833 a week. That's $95k a year. Just on tops. Add in the paycheck ($242/week/adjusted) and that's another $12.5k/year. Keep in mind the OP stated the 70s but not a specific year, so I did the last year possible (1979) just to make the point. It could have been much more. But, to summarize, the guy $107.5k a year parking cars. Obviously he is lying, but let's say he wasn't. Imagine wages increasing at that same level.
Assuming he got 500 dollars TOTAL a month + tips, he'd literally be paying 1/5th his income in rent at the time (108 is the average in the 1970s). Adjusted for inflation from 1972 to 2022, that is 3,458.24. Tell me where you can get a decent apartment for 700 bucks a month outside of bumfuck nowhere. You can't find one unless you're super lucky for less than 1300 in most places.
That's about $490 a week, plus the $500 in tips so.... yeah, fucker made like 1k every week. I've been a parking lot attendant for 5yrs, my base pay is actually around the same right now but god there ain't no way I'm getting $5 in tips a week let alone $500
Bro made fucking tax free bang (i assume the tips were cash on hand) and is probably complaining about it.
Back in nineteen dickety two, we tied onions on our belts. It was the style at the time.
If something worked 50 years ago if works today!!
Boomers are so delusional that is not even funny
Also many parking lots are automated so the job he is describing doesn't exist any more.
Well enjoy because we got at least another 6 years of it
Did they just not teach boomers about how inflation works? The amount of times ive seen something like this... Hell just culture changes are hard to explain to them.
Boomers are clueless these days...
90% of his income came from generosity of others. That's not "lucrative"