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Considering that $74,000 in 1957 is worth over half a million in today's money, way more than the median net worth at any time in US history, not even close. Even if the only job you could get in 1957 was in a sandwich shop, you'd be way ahead of the game.
Considering that $74,000 in 1957 is worth over half a million in today's money, way more than the median net worth at any time in US history, not even close. Even if the only job you could get in 1957 was in a sandwich shop, you'd be way ahead of the game.
But wealth is not going to get you to the standard of living enjoyed today. A sandwich shop worker has a higher standard of living than a rich person in 57. AC, color TV, etc etc.
Life has never been easier than today. I would choose today over 2000, 2000 over 1990, 1990 over 1980, 1980 over 1970, 1970 over 1960, 1960 over 1950, 1950 over 1940...
You have 100 dollars in the bank now, no college degree, and make 10 dollars an hour in Sunnyvale.
Which would you chose? What would you do in said positions?
Would you like mayo on that?
In 1957 it would inconceivable that I owned my own home. It wasn't until 1974 that I could even get a credit card in my own name much less keep a job if I was pregnant with no legal access to birth control.
Them sure were the days...unless you were a woman or black, or or or or or.
And I worked in a sandwich shop until I was about that age, it all worked out just fine for me.
In 1957 it would inconceivable that I owned my own home. It wasn't until 1974 that I could even get a credit card in my own name much less keep a job if I was pregnant with no legal access to birth control.
Them sure were the days...unless you were a woman or black, or or or or or.
And I worked in a sandwich shop until I was about that age, it all worked out just fine for me.
Well off women could certainly own their own homes back then. People did not live off of credit cards anyway. A single woman and her female "business" partner owned a large Victorian home in my neighborhood which they bought in the early fifties and lived in until the seventies. That should have been a scandal but they were respected in the community. Things were not all out in the open but also not necessarily forbidden. True, women had fewer rights but many things were doable if you had cash.
I'll go back to 1957. No terrorism, no gang shootings every day. no AIDS. Nothing is perfect but I like that decade and the simple life that existed back then.
In the 1950's, if you had a job, any job, you could afford a basic place to live and consumables. Today you have people who work full time who still rely on government handouts to get by.
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