Whoa there @GeorgeWill, your #TimePrice calculations are wildly inaccurate. Who needs hammers and bikes when basic necessities are so pricy.
A weeks worth of food, 15 lbs of bacon in 1901 was $1.50, which using back calculations from the article would be roughly 12 hrs. (#Source https://foodtimeline.org/cummings.pdf)
Today's #TimePrice for the same amount of Bacon would be almost 16 hours at #FederalMinimumWage. (#Source www.foodline.com Oscar Myer Bacon 1lb package $7.49)

"In 1902, a Sears Roebuck 53-cent hammer cost almost four hours of blue-collar work. Today, Home Depot’s basic hammer ($6.50) costs about 12 minutes of that work"
Using the Federal #MinimumWage, wouldn't the time price be 53 minutes at $7.25/hr, or if we consider a tipped worker, a time price of 3 hrs. and 3 minutes?
#TimePrice #WageTheft #WageSlavery

https://www.washingtonpost.com/opinions/2023/07/19/economic-measure-human-progress/