- Joined
- Jan 31, 2013
- Messages
- 30,810
- Reaction score
- 22,360
- Location
- Georgia
- Gender
- Male
- Political Leaning
- Other
If you can remember nickle cokes, you also remember when $1 an hour was considered to be "good money".
Is our standard of living lower today than it was way back then?
I don't know, we got more toys. Back then the middle class was larger and growing. It is shrinking today. Back then we were an industrial and Manufacturing nation, today we import most things we use to make.
I had a real good life on the farm, now the family farm is a thing of the past. I wouldn't say my standard of living is any better. If having at 50 inch TV instead of a 19 inch means a better standard of living, then perhaps so. Having a cell phone instead of having to use a pay phone, then probably so. But as I said these are just toys as a result of advancement in technology.
I suppose it all depends on how one looks at things. When I was born the debt was at 270 billion give or take a billion or two. Today it is over 18 trillion.