On Saturday, October 12, 2013 8:15:48 PM UTC-7, Dean Hoffman wrote:
According to the Carpe Diem site one had to work 885 hours in 1959
to earn the same goods as one can earn working 170 hours in 2013.
More he http://tinyurl.com/lrq8suo
One would work about 28 hours to buy a gas stove in 2013 compared to
almost 91 hours in 1959. He has ten other examples of decreasing work
hours needed to buy given items.
Do you know any place where I can compare a pound of Russet potatoes or Ribeye steak or a gallon of milk or a visit to the doctor for a yearly check-up (without some bs insurance) or a semester of English 101 at Harvard (without tuition assistance) or a gallon of gasoline? Unlike appliances, all those things have not changed. For that matter, I remember paying $150.00 for a calculator in 1976 that I can buy today for $1.99 and I would prefer the old appliances that were built to last anyway. Technology is not a good comparison.