Corporate taxes and such were higher. The middle and working class paid less. Corporations and such paid more for their work force The wealthy have gotten super wealthy by fleecing American workforce.
that's sort of true. thing like milk and such cost more due to it having to be fresh. also wages were lower, they also didn't have multiple cell phone bills, multiple car payments, multiple streaming services, gym memberships, and internet bills. people also didn't burn through appliances. I still have my granas record player from the 60s edit: if you were colored you got cheaper wages and housing and automobile interest rates were 10-20 percent higher
The higher the population, the more is needed. I would prefer the overpopulation problem be addressed but nobody's listening. To make it law , no more than 2 or 3 darn babies per household. NOT 8-10 14 kids.....it's ridiculous, TOO MANY BABIES BEING BORN 😈😠😡😠😈😠😡😠😱😱😱😱😱😱😱😱😱😱😢😢😢😢😢😱😱
I bought many bottles of pop for a dime and a candy bar for a nickel ! better than what you get today ! the trouble with this country today is too much greed !
I bought Jockey Club soda for a nickel at Akes lumber yard then there was Pierces candy store , they had candy for half a penny and one cent , you could fill a little paper bag for ten cents .
Wow this brings a huge difference between the prices we pay now and the prices that existed back in those days,shoot 100 bucks in the 50s would be rich money to them but a 100 bucks nowadays would be a dollar to us today,just think.
It seems cheap now but the average income was about 75 cents an hour, $30 to $40 a week some things are easier to buy now, thanks for the video brings back sweet memories
North Carolina 2019 Average home price $188,200 Average income $52,752 Average price of a car $36,270 Average rent $907 Tuition for Duke University $51,265 Adult movie ticket $15.59 Unleaded gasoline $2.45 per gallon Postage stamp $0.55 Granulated sugar $0.80 per lb Whole Milk $0.03 per fl oz Ground coffee $0.50 per oz Bacon $0.20 per oz Eggs $1.79 per dozen Ground beef $4.99 per pound Break $0.15 per lb
It's APPALLING the prices we are being told to pay. 😱😱😱😱😱😱😱 GREED GREED GREED , NOW IT'S ALL ABOUT THE MONEY. If you won't pay their asking price some idiot w/ money will come along and pay those ridiculous over the top prices. 😱😱 I KNOW IT WON'T BE ME, that's for sure. 😡😡😡😠😠 I NEVER shop retail, only discount...If they're prices are high, I just walk OUT. 😠😡. They DON'T make a sale.
I would love to back to 1957 and buy a new 1957 Chevy for $2,500. I can remember gas was 29 cents a gallon until the oil embargo that started in October of 1973.
Just reminder the minimum wage was $.75 per hour and skilled labor cost was approximately $ 4.25 per hour. Everybody worked hard and wanted to advance their economic opportunities. People were not looking for the government for a hand out or unemployment checks. In my family, being unemployed and receiving an unemployment check was a sign of failure. It was not the government fault!
I remember back in the day I didn't make much but the prices were cheaper. I could live a normal life. Now the cost of living is rising higher then the pay. The pay is not keeping up. Something needs to change fast. I live in Canada and our prices are nuts. A dozen eggs is $3.60 Milk is $3.49 Bread is $3.99. It adds up fast. Oh ya the pet peeve I have is cheese. 24 slices of craft for almost $8.00. On sale for $4.00. I'm so sick of this shit.
@@greggmitchell4173 Yeah, but don't worry the Corporations will be doing just fine under the Trump Party with even more tax breaks coming soon. Oh, did I forget to mention that all of "us" will be "feeling richer" because all that wealth will be "trickling down" to us regular folks.
Check out the cheese The 24 slice (454 gr) package is slowing being replaced by the 22 slice (910 gr) package. Same price less product. A 10% price increase hidden by making the package smaller, hoping people will not notice. This is the kind of shit I am sick about.
My grandmother was born in the 1880's. After she past we found a note with a brand new dollar bill - printed in 1900. The note had a shopping list with about a dozen common items and said with the change to go eat at a restaurant and anything she wanted to buy. I guess my grandmother forgot the note and didn't use the dollar. She lived in N.Y. city back then and a dollar went a long way. Researching the US dollar, it was strongest in the 1920s. In the late 60's if I saw penny I would always pick it up. Bubble gum machines were a penny for a handful of gum. I know in the 1970s grocery prices were so much cheaper than today....As a kid I had to feed myself, because my parents neglected me. I would pickup coke bottles and return them to a store for the deposit. I got from 2 cents to 5 cents a bottle. My kids wagon would hold enough bottles to feed myself for about a week. I would also buy food for other poor people. Back then everything was from the USA, grown or made.
One thing that was very expensive was buying a new tv. I remember as a kid my dad buying a 18 inch black and white tv from kmart and it was $198.00 bucks. it was huge they would put the box on a role cart to it out to the car. That tv lasted about a year. Now you can get a 32" for the same price and carry it out with one hand. Plus it will last for years.
Yep. However the wages were much lower, the economy was booming, taxes were lower, etc. The buying power for most items were very good, food, clothing, gas, rents, essentials. The cost of some items was expensive, notice the 10 inch TV (or maybe smaller) for 189 bucks. Today you can get a 32 inch LCD for the same price or less. And they still delivered milk and ice for the ice boxes. I remember a horse drawn milk wagon in the mid 1950s'. And stuff was Made in Canada or Made in USA and not the far East. Thanks for a look down memory lane.
We already saw the average yearly pay They had it better back then. Way better. Home and car buying power was amazing. That’s the things that ultimately matter more than a TV. Especially if you were college educated or had some skill.
It sounds cheap till you realize that $20. was a fortune then. My dad was making about $4,500 a year as an assistant college professor in 1958,,,,,,,,,,maybe less. We lived on canned hams, spaghetti, B&M Brown bread and beans (sometimes with hot dogs) but us kids didn't know my parents were struggling. Mom was a great cook and learned a lot of money saving cooking tricks living through the great depression.
@@toptime2575 First of all "Top Time" you are an IDIOT. My mother was born in 1922. She would have been in her 30s in the 1950s...so yes she learned a lot of money saving tricks growing up in the great depression. Why don't you take some comprehension courses.
@@inkey2 I deleted that dumb persons comment. My mom had 9 brothers and sisters and lived during that time on a veterans pension. They struggled but worked together to make ends meet. :)
@@ilovefashion-shesasupergee6019 My mom was one of 13 children in Great Depression Era Indiana. My grandfather had a number of jobs to keep the family fed, He was an artist, school teacher, delivered the mail, taught himself to repair radios and watches......and.......even the photographer for "the county morgue". Eventually he opened up a successful retail store. My mom just died a year ago at 95. She sure had some great stories from the old days. I have my doubts if people today could even survive the likes of a Great depression".
I know. Time and again, the price of a new car stacked next to average salary is not at all proportional to today. Car prices keep climbing and salaries stagger.
And when a silver dime or quarter actually purchased necessities ...... today worthless metals in coinage that you need a handful so many to buy something trivial.
A pint of milk in the school lunchroom in 1960 was 3 cents grades k thru 6 , and if some one dropped the glass bottle , it always broke when it hit the floor , everyone in the lunch room applauded . it was tough to choke down a peanut butter sandwich dry .
Back when i was a bit younger i didn't understand how cheap items were back then but that was when i learned the minimum wage was like 2-3$ an hour and a 2-3$ item today was like that of buying 25-50 cents candy or a snack.
One thing that SHOULD HAVE been mentioned in this video, corporations were in the 90% tax bracket! OMG, those CEOs must have had to subsist on rice and beans....
I like your sarcasm lol The rich actually had to pay into the system and pay their workers a living wage. And the rich were still rich! People still wanted to be the next big rich guy! Republican Party has some so snowed. And now we see the result of letting the rich pay nothing, pay less to workers and workers being on the hook for it all.
Even when adjusted for inflation these prices are still cheap. Especially for cost of living and tuition to college where a house in the 50s would cost a little under a 100 grand in todays money, and the cost for harvard was 6,263 dollars! That's cheaper than going to community college these days!
I remember this era well. Once, there was a gasoline ‘war’ in our Lawn Guyland neighborhood where four gas stations were in competition at one intersection. The lowest there was .24 cents a gallon including free dishes with each purchase. I was a kid but later in the early 60’s we guys used to chip in .25 cents each for gas to cruise around looking for girls. Dining at a local burger place was under a dollar. But... we made very little money at work. I left a $10,000 a year job to be appointed to the police department in 1967 for $4,800 a year. If anyone wonders about how inflation came about, blame the federal government. Inflation is nothing more than too much money in circulation and only the feds print money. They did it mainly to use the ‘bracket creep’ strategy.
@3:18 The next time a boomer tries to lecture you about possessing the will to work hard for what you want in life, remind them that they lived in an era where the average "home value" was based on a 2 to 1 debt to income ratio. Today homes are easily listed at 6.5 or 7 to 1 debt/income ratio (and if financed, there is still front loaded interest to be paid before principal which would bring the total cost of the average home to about 13 or 14 to 1 on the debt to income scale). Mind you, this is 13 to 1 on a piece of real estate that is over seventy years old and most likely depreciated with maybe some cosmetic updates to the interior, and essentials like the roof/plumbing/electrical etc. No thanks. p.s. You had to have been blind, deaf, dumb, and confused to have not at least accumulated a million in net worth as a Boomer. All that squandered wealth and opportunity, but people still wonder why my generation is so pissed off or depressed all the time. Imagine being born during the most prosperous time in United States history and ending up with nothing to show for yourself, simply because you didn't care to think ahead. However, the youth is supposed to be on board with paying for social security and fitting the bill for medicare, but we're still labelled as the entitled generation. LOL! #LFLR "Value Begins Within"
Price's today are over the top high because of over population. The more population growth, the more need, and producers/ companies KNOW that they can get what price they ask because people need it. There is SO MUCH imports but they keep the prices at 400 % , it's called RETAIL. I NEVER shop retail, NEVER, EVER. RETAIL SHOPPING IS FOR FOOLS WHO DON'T KNOW BETTER 🙄🙄. For us to live better, we need to have today's wages and 1950's prices. But THAT will NEVER be allowed to happen. Companies/ businesses are all greedy, BIG TIME GREEDY. But shopping retail is OUT of the question, I won't let them get away w/ picking my pocket to the bear threads. 😡😡😡😡😡😡😠😠
And back then kids knew who their fathers were. Today's sorry lot are juvenile delinquents. There are parents out there that don't want to be parents, ignore parenting, it's a BIG dilemma.😡😡😠😠👿👿
I see some don’t get it. Home prices around 10,000 New car around 2500 Average yearly salary during decade was between 3500-5000 Now take the average now in 2021 Average salary 32,000 A lot of small homes in desirable areas are 350,000 plus New cars that are reliable 26,000. SUV 35,000 plus. Pickup truck 60,000 Do you see the big divide. Cost of living vs pay is huge 1950s: corporations paid big taxes. They paid their workers better. They were still rich despite this. Why? FDR who demanded minimum wage be a living wage where one person working can support a family. Democrat. 2021: corporations pay nothing or next to nothing in taxes. Majority of workers not paid their worth. Wealthy are super wealthy. Why? Republican Party got their way Thanks boomers for taking all the benefits under Democratic FDR and such, turning greedy and going full tilt Republican to the point you screwed generations out of living a good life. At this point we would just have to suffer another crash and start over. What we have under the greedy boomer generation is unsustainable. Capitalism with socialism for the rich is not sustainable. That’s why we keep having economic problems
I born yrs, 1950s baby boomers also don't let's advertised fools, the x-generational and milli....generational, reasonable individ... Thought it's... cheated, for working classes, standard, communities, if traveled middle, classes standard, it's expensive, now yrs, 2024s sames communities, upper, middle classes, standard, individ... now highly wages, $1,000 yrs, $2,000 yrs, also they's pensions, weekly, or bi-weekly, becuz...they's 're geeks or egg heads, and skillful that's why's only temporarily for a whiles, that's reasonable, realized but those yrs, 1950s its'nt few individ...had their's ownerships, and can afford a new homes, also too goes on trips too it's...makes sense, if you's, milli generational haves parental 're baby boomers or grandparentals, born silent generational born 1940s they's will explained this situational too you's, or may not told the factual, okay,
Seems cheap if you compare the prices to today, but a dollar bought a lot more in the 50's early 60's and the taxes were much lower.
Corporate taxes and such were higher. The middle and working class paid less.
Corporations and such paid more for their work force
The wealthy have gotten super wealthy by fleecing American workforce.
@@lilyblossom1240 Don't forget the rampant money printing from the Federal reserve
@@lilyblossom1240 your dumb the fed destroyed the dollar thus everything fell into place
that's sort of true. thing like milk and such cost more due to it having to be fresh. also wages were lower, they also didn't have multiple cell phone bills, multiple car payments, multiple streaming services, gym memberships, and internet bills. people also didn't burn through appliances. I still have my granas record player from the 60s
edit: if you were colored you got cheaper wages and housing and automobile interest rates were 10-20 percent higher
The higher the population, the more is needed. I would prefer the overpopulation problem be addressed but nobody's listening. To make it law , no more than 2 or 3 darn babies per household. NOT 8-10 14 kids.....it's ridiculous, TOO MANY BABIES BEING BORN 😈😠😡😠😈😠😡😠😱😱😱😱😱😱😱😱😱😱😢😢😢😢😢😱😱
RENT is the major problem today as it continues to defy Newton.
Average house price was less than 2 1/2 times the average annual income..those were the good old days!!
Today they are 10 x or more
Don't forget this was the time before the war on poverty and the great society. It's also when kids knew their dad..
Can you get any whiter?
@@larryhall7998 u have a problem with my skin color ?? U have a problem with my eye color ???
Ok, Boomer.
@@larryhall7998 could write anything more idiotic and racist?
@@chrismurphy5779 RACIST???oh dear1955 when someone say im white and thats not inuslting
fuck biden
fuck all comunists democrates
And kids could head out to play all day with the neighborhood kids and be back for dinner when the street lights came on.
Susan Price If there were any streetlights which is only available in certain locations.
I bought many bottles of pop for a dime and a candy bar for a nickel ! better than what you get today ! the trouble with this country today is too much greed !
@Dehydrated Water Even in 1970, 2 cheeseburgers, an order of fries, and a coke cost 93 cents at Macs!!!
I bought Jockey Club soda for a nickel at Akes lumber yard then there was Pierces candy store , they had candy for half a penny and one cent , you could fill a little paper bag for ten cents .
I wish we could go back in time!
I remember the 60s and Pepsi and Coke Cola was 10 cents in the he pop machine, and Penny candy, and a hamburger was 20 cents!!
You remember!?
I'd love to go back there with today's money!
Even with the money they had back then they were living good
Makes me so depressed & hopeless for today
the big mac is not as big as it was when it came out ! I remember it use to be a lot bigger !
And it actually tasted good
@@mickjones8757 remember the "collars" that wrapped around them. White, about 1-1/2" to 2" wide to keep the lettuce and condiments contained......
I believe the big Mac came out around 1969 and it did taste better!!!
@@milojanis4901 Ans wrapped in tin foil.
@@larryhall7998 And 65 cents in Canada.
How are us seniors suppose to read that lol
Wow this brings a huge difference between the prices we pay now and the prices that existed back in those days,shoot 100 bucks in the 50s would be rich money to them but a 100 bucks nowadays would be a dollar to us today,just think.
I REMEMBER THOSE DAYS THE PRICES NEED TO COME BACK EVERY THING WAS SO MUCH MORE ENJOYABLE AND HAPPY
When life was good and everybody had a chance to get ahead in life,not like todays fucked up corrupt world.
Well, not everyone. Don't rule out the elephant in the room
It seems cheap now but the average income was about 75 cents an hour, $30 to $40 a week some things are easier to buy now, thanks for the video brings back sweet memories
Chris Ev I'm just going by what my Mom was earning at the time, also at that time her employer paid men an extra 10 cents an hour
@@robertdiamondoil2384women still don't get their fair share many times.
God damn…
Nowadays, getting into a movie for just yourself and no one else costs up to 8-10 bucks!
North Carolina 2019
Average home price $188,200
Average income $52,752
Average price of a car $36,270
Average rent $907
Tuition for Duke University $51,265
Adult movie ticket $15.59
Unleaded gasoline $2.45 per gallon
Postage stamp $0.55
Granulated sugar $0.80 per lb
Whole Milk $0.03 per fl oz
Ground coffee $0.50 per oz
Bacon $0.20 per oz
Eggs $1.79 per dozen
Ground beef $4.99 per pound
Break $0.15 per lb
It's APPALLING the prices we are being told to pay. 😱😱😱😱😱😱😱 GREED GREED GREED , NOW IT'S ALL ABOUT THE MONEY. If you won't pay their asking price some idiot w/ money will come along and pay those ridiculous over the top prices. 😱😱 I KNOW IT WON'T BE ME, that's for sure. 😡😡😡😠😠 I NEVER shop retail, only discount...If they're prices are high, I just walk OUT. 😠😡. They DON'T make a sale.
My first job in 1970. 19 cents a gallon gas and i pumped the gas and cleaned windshield. Checked the oil.
I would love to back to 1957 and buy a new 1957 Chevy for $2,500. I can remember gas was 29 cents a gallon until the oil embargo that started in October of 1973.
Good health to all, from Rexall!
THANK YOU, Sir..
Just reminder the minimum wage was $.75 per hour and skilled labor cost was approximately $ 4.25 per hour. Everybody worked hard and wanted to advance their economic opportunities. People were not looking for the government for a hand out or unemployment checks. In my family, being unemployed and receiving an unemployment check was a sign of failure. It was not the government fault!
Who says it was?
EVERY last thing in these adds was made or grown in the USA.
The ragtime is nice, but hardly commensurate with the 1950's!
I remember back in the day I didn't make much but the prices were cheaper. I could live a normal life. Now the cost of living is rising higher then the pay. The pay is not keeping up. Something needs to change fast. I live in Canada and our prices are nuts. A dozen eggs is $3.60 Milk is $3.49 Bread is $3.99. It adds up fast. Oh ya the pet peeve I have is cheese. 24 slices of craft for almost $8.00. On sale for $4.00. I'm so sick of this shit.
Just wait, hopefully Trudope doesn't get reelected. The carbon tax will make everything even more expensive.
@@greggmitchell4173 Yeah, but don't worry the Corporations will be doing just fine under the Trump Party with even more tax breaks coming soon. Oh, did I forget to mention that all of "us" will be "feeling richer" because all that wealth will be "trickling down" to us regular folks.
Check out the cheese The 24 slice (454 gr) package is slowing being replaced by the 22 slice (910 gr) package. Same price less product. A 10% price increase hidden by making the package smaller, hoping people will not notice. This is the kind of shit I am sick about.
Eggs are .80 here for 18. Thanks Trump Party!
@@sharksport01 On what planet are eggs at .80 cents for 18?
My grandmother was born in the 1880's. After she past we found a note with a brand new dollar bill - printed in 1900. The note had a shopping list with about a dozen common items and said with the change to go eat at a restaurant and anything she wanted to buy.
I guess my grandmother forgot the note and didn't use the dollar.
She lived in N.Y. city back then and a dollar went a long way.
Researching the US dollar, it was strongest in the 1920s.
In the late 60's if I saw penny I would always pick it up. Bubble gum machines were a penny for a handful of gum.
I know in the 1970s grocery prices were so much cheaper than today....As a kid I had to feed myself, because my parents neglected me. I would pickup coke bottles and return them to a store for the deposit. I got from 2 cents to 5 cents a bottle. My kids wagon would hold enough bottles to feed myself for about a week. I would also buy food for other poor people.
Back then everything was from the USA, grown or made.
LMAO-What did she paste?
@@milojanis4901 It was a typo. It should have been past. I fixed it. Thanks for pointing out the mistake.
One thing that was very expensive was buying a new tv. I remember as a kid my dad buying a 18 inch black and white tv from kmart and it was $198.00 bucks. it was huge they would put the box on a role cart to it out to the car. That tv lasted about a year. Now you can get a 32" for the same price and carry it out with one hand. Plus it will last for years.
Saddles and blue suede shoes!😀
I love videos like this. I subbed you I hope your other videos are like this.
Yep. However the wages were much lower, the economy was booming, taxes were lower, etc. The buying power for most items were very good, food, clothing, gas, rents, essentials. The cost of some items was expensive, notice the 10 inch TV (or maybe smaller) for 189 bucks. Today you can get a 32 inch LCD for the same price or less. And they still delivered milk and ice for the ice boxes. I remember a horse drawn milk wagon in the mid 1950s'. And stuff was Made in Canada or Made in USA and not the far East. Thanks for a look down memory lane.
We already saw the average yearly pay
They had it better back then. Way better. Home and car buying power was amazing. That’s the things that ultimately matter more than a TV. Especially if you were college educated or had some skill.
thank you. This is so Interesting.
It sounds cheap till you realize that $20. was a fortune then. My dad was making about $4,500 a year as an assistant college professor in 1958,,,,,,,,,,maybe less.
We lived on canned hams, spaghetti, B&M Brown bread and beans (sometimes with hot dogs) but us kids didn't know my parents were struggling. Mom was a great cook and learned a lot of money saving cooking tricks living through the great depression.
@@toptime2575 First of all "Top Time" you are an IDIOT. My mother was born in 1922. She would have been in her 30s in the 1950s...so yes she learned a lot of money saving tricks growing up in the great depression. Why don't you take some comprehension courses.
@@inkey2 I deleted that dumb persons comment. My mom had 9 brothers and sisters and lived during that time on a veterans pension. They struggled but worked together to make ends meet. :)
@@ilovefashion-shesasupergee6019 My mom was one of 13 children in Great Depression Era Indiana. My grandfather had a number of jobs to keep the family fed, He was an artist, school teacher, delivered the mail, taught himself to repair radios and watches......and.......even the photographer for "the county morgue". Eventually he opened up a successful retail store. My mom just died a year ago at 95. She sure had some great stories from the old days. I have my doubts if people today could even survive the likes of a Great depression".
inkey2 - My mom was good at feeding us too for less money. We had a lot of spaghetti for dinners.
Wow! Makes you wonder what things cost in the 20s or 30s.
I know for a fact that you could buy penny candy for A PENNY!
... and still receive change back!
Didn't have a magnifying glass
Made in America too!
Almost 1$ for a gallon of milk in the 1950s? Are you sure? 🤨
well that was depressing. a new car for $2500... and the 1958 cost of living sheet!
I know. Time and again, the price of a new car stacked next to average salary is not at all proportional to today. Car prices keep climbing and salaries stagger.
..."Good health to all from Rexall !!!"
A dollar in 1955 bought what $10.14 buys in 2021
It is like trying to read another language, almost seems unreal.. Very interesting to see!
Im thankful to God for aldis save a lot dollar tree dollar general burlington prices are cheap especially when you on a tight budget.❤
And when a silver dime or quarter actually purchased necessities ...... today worthless metals in coinage that you need a handful so many to buy something trivial.
A pint of milk in the school lunchroom in 1960 was 3 cents grades k thru 6 , and if some one dropped the glass bottle , it always broke when it hit the floor , everyone in the lunch room applauded . it was tough to choke down a peanut butter sandwich dry .
The amarican dollar has gone to shit
Funny thing was that if you could tell someone back then that there $10.000 home would be worth $150.0000 today they would not believe it.
Try 400,000 or more today.
Home prices are sky high in my area for a small home. They shot up the last few years.
you ain't kidding
Why are they playing ragtime music for a video of the 1950s? How about Bing Crosby, Perez Prado, Frank Sinatra, Elvis Presley, Dion, Jerry Lee Lewis?
At $6.98 per pair you better stay offa my blue suede shoes!
Back when i was a bit younger i didn't understand how cheap items were back then but that was when i learned the minimum wage was like 2-3$ an hour and a 2-3$ item today was like that of buying 25-50 cents candy or a snack.
One thing that SHOULD HAVE been mentioned in this video, corporations were in the 90% tax bracket! OMG, those CEOs must have had to subsist on rice and beans....
They still should.
I like your sarcasm lol
The rich actually had to pay into the system and pay their workers a living wage. And the rich were still rich! People still wanted to be the next big rich guy!
Republican Party has some so snowed. And now we see the result of letting the rich pay nothing, pay less to workers and workers being on the hook for it all.
Even when adjusted for inflation these prices are still cheap. Especially for cost of living and tuition to college where a house in the 50s would cost a little under a 100 grand in todays money, and the cost for harvard was 6,263 dollars! That's cheaper than going to community college these days!
I remember this era well. Once, there was a gasoline ‘war’ in our Lawn Guyland neighborhood where four gas stations were in competition at one intersection. The lowest there was .24 cents a gallon including free dishes with each purchase. I was a kid but later in the early 60’s we guys used to chip in .25 cents each for gas to cruise around looking for girls. Dining at a local burger place was under a dollar.
But... we made very little money at work. I left a $10,000 a year job to be appointed to the police department in 1967 for $4,800 a year.
If anyone wonders about how inflation came about, blame the federal government. Inflation is nothing more than too much money in circulation and only the feds print money. They did it mainly to use the ‘bracket creep’ strategy.
$4,800 an HOUR?!!!? Are they still hiring???
Milo Janis - Ok, ya got me. Repaired my brain fart results.
Lets no bite the hand that robs us.
Robert Hertz - 👌🏽
How nice it would be to go back to those days of when gas was affordable & you can afford to treat yourself to a full McDonald's meal.
Going for Brazil............the crazy prices and cost...........in 2019.....
AND A CHILD'S ADMISSION TO THE MOVIES $.25❣️
@3:18 The next time a boomer tries to lecture you about possessing the will to work hard for what you want in life, remind them that they lived in an era where the average "home value" was based on a 2 to 1 debt to income ratio. Today homes are easily listed at 6.5 or 7 to 1 debt/income ratio (and if financed, there is still front loaded interest to be paid before principal which would bring the total cost of the average home to about 13 or 14 to 1 on the debt to income scale). Mind you, this is 13 to 1 on a piece of real estate that is over seventy years old and most likely depreciated with maybe some cosmetic updates to the interior, and essentials like the roof/plumbing/electrical etc. No thanks.
p.s.
You had to have been blind, deaf, dumb, and confused to have not at least accumulated a million in net worth as a Boomer. All that squandered wealth and opportunity, but people still wonder why my generation is so pissed off or depressed all the time. Imagine being born during the most prosperous time in United States history and ending up with nothing to show for yourself, simply because you didn't care to think ahead. However, the youth is supposed to be on board with paying for social security and fitting the bill for medicare, but we're still labelled as the entitled generation. LOL!
#LFLR
"Value Begins Within"
Preach!
@Gg Hv Thanks, I forgotten that I had even made this comment. I have to say, I was on FIRE that day. Totally on point. Cheers, homie!
Yeah but a good salary was $75.00 a week.
Price's today are over the top high because of over population. The more population growth, the more need, and producers/ companies KNOW that they can get what price they ask because people need it. There is SO MUCH imports but they keep the prices at 400 % , it's called RETAIL. I NEVER shop retail, NEVER, EVER. RETAIL SHOPPING IS FOR FOOLS WHO DON'T KNOW BETTER 🙄🙄. For us to live better, we need to have today's wages and 1950's prices. But THAT will NEVER be allowed to happen. Companies/ businesses are all greedy, BIG TIME GREEDY. But shopping retail is OUT of the question, I won't let them get away w/ picking my pocket to the bear threads. 😡😡😡😡😡😡😠😠
And back then kids knew who their fathers were. Today's sorry lot are juvenile delinquents. There are parents out there that don't want to be parents, ignore parenting, it's a BIG dilemma.😡😡😠😠👿👿
Based on the comparison, looks like we should just get rid of the coins all together!
ILoveFashionSheSasupergeek, I WONDER HOW MUCH A TWAT COST IN THOSE DAYS?
You know what happened reality kicked in 2019
Kids carried guns to school . And guess what!? Nothing terrible happened.
Music is about 30 years off......
I see some don’t get it.
Home prices around 10,000
New car around 2500
Average yearly salary during decade was between 3500-5000
Now take the average now in 2021
Average salary 32,000
A lot of small homes in desirable areas are 350,000 plus
New cars that are reliable 26,000. SUV 35,000 plus. Pickup truck 60,000
Do you see the big divide. Cost of living vs pay is huge
1950s: corporations paid big taxes. They paid their workers better. They were still rich despite this. Why? FDR who demanded minimum wage be a living wage where one person working can support a family. Democrat.
2021: corporations pay nothing or next to nothing in taxes. Majority of workers not paid their worth. Wealthy are super wealthy. Why? Republican Party got their way
Thanks boomers for taking all the benefits under Democratic FDR and such, turning greedy and going full tilt Republican to the point you screwed generations out of living a good life.
At this point we would just have to suffer another crash and start over. What we have under the greedy boomer generation is unsustainable. Capitalism with socialism for the rich is not sustainable. That’s why we keep having economic problems
I born yrs, 1950s baby boomers also don't let's advertised fools, the x-generational and milli....generational, reasonable individ... Thought it's... cheated, for working classes, standard, communities, if traveled middle, classes standard, it's expensive, now yrs, 2024s sames communities, upper, middle classes, standard, individ... now highly wages, $1,000 yrs, $2,000 yrs, also they's pensions, weekly, or bi-weekly, becuz...they's 're geeks or egg heads, and skillful that's why's only temporarily for a whiles, that's reasonable, realized but those yrs, 1950s its'nt few individ...had their's ownerships, and can afford a new homes, also too goes on trips too it's...makes sense, if you's, milli generational haves parental 're baby boomers or grandparentals, born silent generational born 1940s they's will explained this situational too you's, or may not told the factual, okay,
Plug those prices into an inflation calculator and you'll find that most things are relatively cheaper today.
It wasn't cheap, if your income was only 3800 / yr.