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Old 02-27-2012, 03:19 PM
 
Location: Planet Eaarth
8,955 posts, read 18,769,970 times
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An interesting comparison...........

America 1950 vs. America 2012


To be fair I must note that medical and other tech advances that save lives today didn't exist in 1950 so the mortality rate was much higher.
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Old 02-27-2012, 04:50 PM
 
Location: Wisconsin
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That article is tripe, sorry. Without adjusting for inflation, those price comparisons are meaningless. The whole thing reads like one of those chain emails certain older relatives are fond of sending around.
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Old 02-27-2012, 05:13 PM
 
Location: Clayton, NC
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I agree with MaseMan. But all things aside I would choose 2012 regardless.

I'm an African-American woman, so no explanation is necessary...
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Old 02-27-2012, 05:22 PM
 
26,926 posts, read 34,527,860 times
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Quote:
Originally Posted by MaseMan View Post
That article is tripe, sorry. Without adjusting for inflation, those price comparisons are meaningless. The whole thing reads like one of those chain emails certain older relatives are fond of sending around.
Ding ding ding ding. We have a winner.
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Old 02-27-2012, 05:38 PM
 
Location: Boise, ID
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It also lists some things and makes them sound bad on purpose, when there are underlying causes that make them not nearly as bad, or even not bad at all. For example:

The article says that employment rates among men are down, but doesn't mention employment rates for women are way way up, or that many men these days are a stay at home dad while the wife goes to work.

The article says that people are getting married at an older age now, but doesn't factor in that life expectancy is up, and people have children at an age when they are more financially and emotionally stable and ready to have them.

Quote:
In 1950, the United States loaned more money to the rest of the world than anybody else.
In 2012, the United States owes more money to the rest of the world than anybody else.
This one in particular got me. I would guess that if the numbers were examined more closely, in 1950 we very possibly ALSO owed more money to the rest of the world than anyone else, and in 2012, we very possibly ALSO loan more money to the rest of the world than anyone else. How much you owe and how much you loan out are not necessarily reciprocals when it comes to international finance.

Given everything, I would still rather live in 2012 America than 1950 America. And I look forward to living in 2050 America.
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Old 02-27-2012, 07:57 PM
 
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Wonder if there were these doom and gloom pundits around during the depression of the 30s? Oh wait, 1950 America during a great boom in the economy.

The kicker is the economy runs in cycles. Are there some policy changes to be made, yes. Is it doom and glood like some assert? hardly.
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Old 02-28-2012, 09:12 AM
 
Location: Sverige och USA
702 posts, read 2,868,533 times
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Hmm... an article from the "Economic Collapse Blog"... I guess it will be completely scientific and unbiased

They seem to forget to mention that the average U.S. family’s income in 1950 was $4,237 in their rush to show how cheap gas and stamps are.
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Old 02-28-2012, 09:21 AM
 
Location: Wisconsin
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This is from the humor site Cracked, but illustrates the fallacy of looking at the past through rose colored glasses (particularly #5 in the article).

5 Complaints About Modern Life (That Are Statistically B.S.) | Cracked.com
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Old 02-28-2012, 09:46 AM
 
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I know, stupid lamenting the difference in the cost of a postage stamp without taking into account the rise in incomes and the convenience of email/IM/electronic payment which has rendered the annual cost people most people pay for postage pretty much insignificant. If it wasn't for Christmas cards we'd probably use about 2-3 stamps per year.
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Old 02-28-2012, 09:54 AM
 
26,926 posts, read 34,527,860 times
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Quote:
Originally Posted by MaseMan View Post
This is from the humor site Cracked, but illustrates the fallacy of looking at the past through rose colored glasses (particularly #5 in the article).

5 Complaints About Modern Life (That Are Statistically B.S.) | Cracked.com
That is awesome!
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