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.
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.
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[BRIEFING.COM] The stock market ended the Thursday session on an upbeat note with blue chips showing relative strength for the second consecutive day. The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.3%) settled ahead of the Russell 2000 (+0.2%) and the Nasdaq Composite (+0.1%). It is worth mentioning the benchmark index posted its fourth consecutive gain, registering a new record closing high at 1992.38.
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