Quote:
Originally Posted by tomwed
This doesn't answer your question but I think it helps keep wealth in perspective.
August 28, 2014 5:04 PM
MEXICO CITY (AP) — Mexico City's mayor has proposed increasing the country's roughly $5 per-day minimum wage to $6 a day.
Mayor Miguel Angel Mancera suggested Thursday that the city raise the 67.29 peso minimum wage to 82.86 pesos per day. That's about the price of a hamburger meal at a chain restaurant in Mexico.
Mancera says low wages are "at the heart of all of the country's economic and social problems."
{I think it's at the heart of our country's economic and social problems too. In 1970 my NJ college tuition was $350/year and minimum wage was $1.60/hr}
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Cost of living in Mexico City to offer a bit of perspective ?