To be considered: minimum wage in the US in 1990 was $3.80/h, and it’s $7.25/h in 2023, so 1.91 times higher. If $1 of 1990 equals $2.42 of 2023 (because of inflation), minimum wage should be $9.20/h to have the same purchase power as 1990.
Not adjusting for inflation and differences in packaging sizes results in a higher total of $72.63.
So not adjusting the $1 coupon for inflation and not adjusting for things like the smallest TP package today being 6 rolls and the one in the movie being 4 rolls gets awfully close to (actually over) the number from the image.
Given you can’t purchase partial container sizes at stores and coupons still tend to come in full dollar amount values including frequently $1 and don’t have terms that adjust for inflation, I don’t think one methodology here is inherently more correct than the other.
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This article says these numbers are not correct: https://www.politifact.com/factchecks/2023/dec/14/instagram-posts/heres-how-much-kevin-mccallisters-home-alone-shopp/
To be considered: minimum wage in the US in 1990 was $3.80/h, and it’s $7.25/h in 2023, so 1.91 times higher. If $1 of 1990 equals $2.42 of 2023 (because of inflation), minimum wage should be $9.20/h to have the same purchase power as 1990.
I thought minimum wage was 15/h?
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From that article:
So not adjusting the $1 coupon for inflation and not adjusting for things like the smallest TP package today being 6 rolls and the one in the movie being 4 rolls gets awfully close to (actually over) the number from the image.
Given you can’t purchase partial container sizes at stores and coupons still tend to come in full dollar amount values including frequently $1 and don’t have terms that adjust for inflation, I don’t think one methodology here is inherently more correct than the other.