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To: fight_truth_decay

$200,000?

A fella could live large on that for two years!


19 posted on 07/30/2011 8:22:56 PM PDT by Grizzled Bear ("Does not play well with others.")
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To: Grizzled Bear

uh,.,,,1971....if you were makin $20K you were doin ok....


28 posted on 07/30/2011 8:53:03 PM PDT by G Larry (I dream of a day when a man is judged by the content of his character)
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To: Grizzled Bear
$200,000? A fella could live large on that for two years!

Quite a bit longer than that.

That would be equivalent to around $2 million today

In 1971 you could buy regular gasoline for around $ .30 cents or as low as $ 19.9 cents a gallon when there was a local gas war.

A pack of Marlboros was $ .30 cents, a new Chevrolet or Ford around $3,500.

The Dow Jones Average was 890 at the close of the year.
The 1971 median income was $9,000.

Disney world opened in 1971 and an adult all day pass was $3.50, a pass for kids under 18 cost $1.00.

The national debt was $424 Billion, and the minimum wage was $1.60 an hour.


29 posted on 07/30/2011 8:57:49 PM PDT by Iron Munro (The more effeminate & debauched the people, the more they are fitted for a tyrannical government.)
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To: Grizzled Bear
"$200,000? A fella could live large on that for two years!"

After QE3 and 4 you'll need more than that for a loaf of bread and to let your kids ride the mechanical racecar in front of the grocery store.
34 posted on 07/30/2011 9:13:56 PM PDT by TheVitaminPress (as goes the Second Amendment . . . so goes the Constitution.)
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To: Grizzled Bear

In 1971 you would have expected to live large for at least ten years on that. In the fifties you could have deposited that much and lived well on the interest.


55 posted on 07/31/2011 6:39:36 AM PDT by RipSawyer (Trying to reason with a liberal is like teaching algebra to a tomcat.)
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