But few people made $6 and hour in 1967 either. The median household income was $7,200 or $3.60 an hour. Currently median household income is $80,160 or $40.08 an hour. No conclusion here, just information.
ButteSects
1 month ago
Using direct inflation calculations are helpful but ultimately inaccurate. A dollar in 1900 might be worth $30 today but the buying power was vastly different. We have the least buying power of any generation since the 30s.
Grandma was thinking im rich
who was making that in ’67????
Also dad
But few people made $6 and hour in 1967 either. The median household income was $7,200 or $3.60 an hour. Currently median household income is $80,160 or $40.08 an hour. No conclusion here, just information.
Using direct inflation calculations are helpful but ultimately inaccurate. A dollar in 1900 might be worth $30 today but the buying power was vastly different. We have the least buying power of any generation since the 30s.