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A $4.03 hourly wage in 1973 had the same purchasing power that $23.68 would last year.
Posted on 4/22/19 at 1:23 pm
Posted on 4/22/19 at 1:23 pm
To think someone making 15/20 bucks an hour in the 70's was an OT baller. Man a buck went a long ways back in the day. Gotta tell you im kinda jealous of that 
Scroll down to find the hourly wage thing LINK
Scroll down to find the hourly wage thing LINK
This post was edited on 4/22/19 at 1:26 pm
24
Posted on 4/22/19 at 1:24 pm to FLObserver
Is this where I blame baby boomers for ruining the country?
Posted on 4/22/19 at 1:24 pm to FLObserver
Link?
Posted on 4/22/19 at 1:24 pm to FLObserver
My dad paid 48k for our first house in the late 70s
Posted on 4/22/19 at 1:26 pm to FLObserver
I remember when minimum wage was $2.23 an hour..
Posted on 4/22/19 at 1:27 pm to FLObserver
I once bought a pound of chocolate for $0.35 in 1885
Posted on 4/22/19 at 1:28 pm to FLObserver
Think about that when your trying to determine how much money you might need for 30+ years of retirement.
Posted on 4/22/19 at 1:28 pm to FLObserver
I remember when a nicklebag was $5.
Posted on 4/22/19 at 1:33 pm to FLObserver
So someone making 3.5x the minimum wage in 1973 had the same purchasing power as someone making 3.26x the minimum wage today? Meaning that wage earners are better off now than they were then, yet pretend to be worse off? Meaning millennials really ARE shitty with money?
Shocking.
Shocking.
Posted on 4/22/19 at 1:45 pm to FLObserver
Gas was 69 cents a gallon in just 1999
Posted on 4/22/19 at 1:49 pm to FLObserver
I got a pair of custom cowboy boots that were purchased for $970 in 1975. In today’s dollars that’s about $4,600 dollars, and that doesn’t take into account you can no longer purchase the material anymore. (Anteater hide).
Posted on 4/22/19 at 1:53 pm to FLObserver
Min wage was 1.60, which is about 9 bucks today.
Posted on 4/22/19 at 2:24 pm to FLObserver
The products purchased in 1970s are not the same today.
Posted on 4/22/19 at 2:42 pm to FLObserver
Ain’t inflation a bitch?
All hail cryptocurrrencies
All hail cryptocurrrencies
Posted on 4/22/19 at 2:54 pm to FLObserver
And people complain about $15 min wage when 10 an hour isn't shite
Posted on 4/22/19 at 3:18 pm to FLObserver
I remember when coke was still cola and a joint was a bad place to be.
Posted on 4/22/19 at 4:14 pm to FLObserver
I haven't known a person that was paid MW in 30 years.
Posted on 4/22/19 at 4:20 pm to FLObserver
quote:
To think someone making 15/20 bucks an hour in the 70's was an OT baller.
a thousand bucks a month back then was pretty healthy money, I was at LSU in the late 70s and $20 was usually enough to go on a date and have fun, not be chintzy and still maybe have a couple of bucks left over, Carter and his 20% interest rates kind of screwed that economy up
Posted on 4/22/19 at 4:55 pm to FLObserver
quote:
Man a buck went a long ways back in the day
In the mid-90s, I bought a 1972 Ford LTD. Only 57,000 miles on it. Papers in the glove compartment. Brand new, a top of the line LTD cost a little under $4900. It weighed 5500 pounds.
Less than a dollar a pound.
Posted on 4/22/19 at 5:45 pm to FLObserver
You could work your way through college with a minimum wage job in the early 70s, knew a lot of people that did. At
a state school the tuition, dorm room, meal plan, and books, for the four years it took to get my B.S. was a total of $6800.00.
a state school the tuition, dorm room, meal plan, and books, for the four years it took to get my B.S. was a total of $6800.00.
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