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re: Back in the 70s, we had high gas prices and inflation, too.
Posted on 3/11/22 at 7:39 am to Tomatocantender
Posted on 3/11/22 at 7:39 am to Tomatocantender
That's because wages were better. I looked at the gross median wage for the Beaumont metro area in 1970 ( closest to LA) and it was $9,600 for an accountant. In today's dollars that would be $69,000. The average accountant in America's median wages in 2022 is $50,112. I am sure they are far lower in Louisiana.
I used the Fraser area wage survey/economic data report for the 1970's.
I used the Fraser area wage survey/economic data report for the 1970's.
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