US incomes through the years
Are you better off than your parents or grandparents were? American wages have been at a standstill for years -- although we have thankfully shed the 16-hour workdays of the late-1800s.
MORE ON MSN MONEY
Uncle Ben Printing Trillions each year so that the Rich and the Elite can keep buying various Mega Mansions, Luxury Yachts/Planes and paid Whores on the Weekend. We are seeing Zero of what Uncle Ben is printing other than the freaking massive Overdue Bill.
My first job was for $1.65 an hour at Sears in Camden NJ. I was rich !! A tank of gas was $5.00 . My brand new NOVA with a 396 motor , positraction etc. was less than $5.000 soda , candy etc. was $0.10 I had no problems paying my bills.
Now I make almost 8X as much and life is hard financially.
I'VE been working for 30+ years and don't even earn half of what most earn ! $15 an hour has been that way for more than 10 years ! too many companies don't care about their employess
cause they can always go to other countries were cheep labors will work for almost nothing.!
It is greed that is killing this once great nation---and unless something is done to stop this
America will join Rome in the history books and the almighty dollar will be worthless ! gyy
I always enjoy to see how data can be an illusion. When you just look at the numbers.
The "key" illusion is Median Household income. Before the 1970's most families had (1) income provider.
If you looked at income/person I bet it would be a lot uglier.
We have been bought owned and paid for by the rich.
Soon there will only be the rich and poor, no middle class.
I get sick of reading moronic statements about unions, by those that have no clue...
Many or most would be making minimum wage maybe 30% over....That's about $10.
No insurance, less vacations, less or no sick time, less holidays and little if any profit sharing such as 401s which are in part....And pensions, yeah right.
Man as only bread winner=candy bar .05 cents.
More women enter workforce=candy bar .15 cents.
Teenagers enter workforce=candy bar .50 cents.
You see it was better for just one breadwinner making the money, not three.
I need a time machine to go back to 1900 and live like a king.However, I like bathroom
Wages are hard to figure across the spectrum; Of those decades...
But some of the prices, particularly early in the 20th. century....I consider quite suspect.
I would haul farm fresh eggs into fellow employees in the late 60s early 70s for about .50 cents.
Close to what they sold for in the store, but bigger and better.
When first married in the mid-60s we were only paying .35 cents a dozen.
Same with bread in the late 50s early 60s.....15 cents, maybe sale around a dime,.12c.
Gas in that timeframe 20.9-22.9g...Gas wars down to 17.9-18.9 cents per gal.
Of course McDonalds .15 cents...And maybe specials of .10 each for a sack full.
But that was in the Midwest, back in the day.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
3D Systems, Stratasys and ExOne are the best plays in this growing industry.
- Can you opt out of Medicare?
- Why restaurants are adding tablets to the tables
- America's greatest export is its debt
- True test for Obamacare: Will it make US healthier?
- Who will foot the bill for Detroit's bankruptcy?
- How to refinance without resetting the mortgage clock
- Krispy Kreme gets burned
- 5 big year-end retirement saving deadlines
- Should you have disability insurance?
[BRIEFING.COM] The S&P 500 has ticked up off its low, but continues to hold a loss of 0.4%.
The Federal Reserve released its Beige Book for December, but the report did not contain any bombshells. The report described the economy as 'expanding at a modest to moderate pace' while manufacturing activity also continued to expand. The Beige Book identified motor-vehicle and high-technology industries as areas experiencing strongest growth.
Also of note, the report said that ... More
More Market News
For years, Todd Mills pushed Frito-Lay to make taco shells from Doritos. He died from a brain tumor on Thanksgiving.