Minimum wage and freddo's , food for thought

[Dozer 73]

Food for thought
The Freddo theory
In 1999 minimum wage was £3.60/hour and a freddo was 5p
This means you could buy 72 freddos with an hours wage

Now minimum wage is £7.50/hour yet freddo's are 25p , meaning you can only buy 30 freddo's with an hours wage

For the continuum of freddo purchasing we need £18/hour minimum wage

 

[telectrix]

going back further, average wage in 1965 was £10/week. a gallon of 4 star was 5/-, so you could buy 40 gallons a week. now petrol is £5.35/gallon, so to buy 40 gallons, wage would need to be £214. so in that situation we're better off.

example 2. pint of milk was 1/-. so for your tenner you'd get 200 pints. now milk is 35p/pint so 200 pints would be £70.

the above goes to prove that freddos are a rip-off.

 

[Octopus]

Houses have got a bit more expensive .......

 

[Rpa07]

I like freddos - they are the equivalent of a shot to a chocoholic! and the caramel Freddo just provides its own lubrication!
Chocolate! aaaah!

 

[Dozer 73]

going back further, average wage in 1965 was £10/week. a gallon of 4 star was 5/-, so you could buy 40 gallons a week. now petrol is £5.35/gallon, so to buy 40 gallons, wage would need to be £214. so in that situation we're better off.

example 2. pint of milk was 1/-. so for your tenner you'd get 200 pints. now milk is 35p/pint so 200 pints would be £70.

the above goes to prove that freddos are a rip-off.

I like freddos - they are the equivalent of a shot to a chocoholic! and the caramel Freddo just provides its own lubrication!
Chocolate! aaaah!

must admit prefer a good old CHOMP

 

[Rpa07]

CHOMPs can be quite testing to the uninitiated - you don't want to be caught taking a break from chewing 2 minutes in - never live that down!

 

[BarryJ90]

That's crazy, to be honest I don't remember Freddo's ever being 5p, were always 10p when I was younger but just goes to show!

 

[telectrix]

never heard of freddos before this thread.

 

[ED17]

never heard of freddos before this thread.

All sparkies eat freddos. It's the law!

 

[Rpa07]

All sparkies eat freddos. It's the law!

True Dat!

 

[Rpa07]

never heard of freddos before this thread.

That's because they are not made of Hops Tel! Am I right?

 

[ChrisElectrical88]

If the minimum wage was £18 then a pint would cost over a tenner, a brew would be about £8 and a McDonald's breakfast would cost a fortune.

 

[Pete999]

Whats a "freddo" I'm retired so be mindful of how you answer please.

 

[ChrisElectrical88]

It's a small cadburys chocolate bar shaped as a frog. About 4 inches long and 1 inch wide.

 

[Pete999]

It's a small cadburys chocolate bar shaped as a frog. About 4 inches long and 1 inch wide.

OK nice, but what's the big deal with then?

 

[ChrisElectrical88]

Used to cost 5 p now cost 25p so everyone on social media are moaning that they can't afford as many Freddos as back in the 90's. Mainly just porpers and poorly paid people moaning about their £7.50 a hour minimum wage, when lets be fair if they had worked a bit harder they wouldn't be on such a sh*t wage anyway.

To sum things up, people want everything for nothing.

 

[Pete999]

Used to cost 5 p now cost 25p so everyone on social media are moaning that they can't afford as many Freddos as back in the 90's. Mainly just porpers and poorly paid people moaning about their £7.50 a hour minimum wage, when lets be fair if they had worked a bit harder they wouldn't be on such a sh*t wage anyway.

To sum things up, people want everything for nothing.

What's a porper?

 

[Rpa07]

When you are not a Prince, you are a porper!

What's a porper?

 

[Strima]

Mainly just porpers and poorly paid people moaning about their £7.50 a hour minimum wage, when lets be fair if they had worked a bit harder they wouldn't be on such a sh*t wage anyway.

To sum things up, people want everything for nothing.

I know several people on minimum wage who work their arses off for that. Not everyone has the opportunity or skills to get a better paid job. If there's no work in the area would you rather they sit at home claiming on the dole?

I could rant on further but I won't.

 

[Pete999]

When you are not a Prince, you are a porper!

Oh a Pauper?