Back in the 1968, the minimum wage was $1.60, which today couldn’t buy a bucket of Cajun buffalo wings from Popeyes, even after being adjusted for inflation.
However, I was fortunate to make $5 an hour as a teenager, so I was the envy of my high school buddies, who made me buy the pizza and Cokes for everyone. Why, I was such a big shot that I had my own savings account at Connecticut National Bank, which was later acquired by a bigger bank, which was acquired by an even bigger bank, and as the banks got bigger the service got worse. This, of course, is like the law of gravity in financial services. These days you can’t even get a free lollipop … although I did receive a dog biscuit recently.