On 10/13/2013 4:32 PM, Frank wrote:
On 10/12/2013 11:15 PM, 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.


These items are cheaper because of increased automation.

This is also why things like health care and education in part keep
going up because the same number of individuals are required in the
process.

Threads talking about the price of shirts are mentioning an item that
has largely gone offshore because factories full of seamstresses are
still needed. Apparel like stockings are still made here as they are
completely machine made.

I've noticed that the cost of anything the government tampers with or
interferes with, goes up. o_O

TDD