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Old 02-27-2012, 06:22 PM
 
Location: Georgia
840 posts, read 781,785 times
Reputation: 371

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http://www.infowars.com/america-1950-vs-america-2012/

I wish we could go back to 1950 America.
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Old 02-27-2012, 06:34 PM
 
Location: Up in the air
19,112 posts, read 30,640,756 times
Reputation: 16395
Not me. The only reason the economy was so great is because we had nearly zero competition. Due to the war. Women and minorities were second class citizens. And I'd probably be in a wheel chair in some institution because the medicine that keeps my joints working hadn't been invented
No thanks, I'll stay in 2012.
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Old 02-27-2012, 06:38 PM
 
Location: Rhode Island
308 posts, read 518,046 times
Reputation: 87
Besides the clear political slant I think there is a lot of interesting information in there. I always ask people, and can never find a good answer, but somewhere along the line our society went from a need to a want society and it has lead to the downfall of our country (in regards to economic stability). While politicians may have exacerbated the situation, I do not know if they were the cause or are truly the ones to blame.
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Old 02-27-2012, 06:43 PM
 
3,045 posts, read 3,194,841 times
Reputation: 1307
Quote:
Originally Posted by RPON View Post
http://www.infowars.com/america-1950-vs-america-2012/

I wish we could go back to 1950 America.
Seriously? Did you bother to look any of that up? Redistribution of wealth?

The top marginal tax rate in 1950 was 91%. Today it is 35%. Feel free to actually learn what you're talking about before posting again.
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Old 02-27-2012, 06:45 PM
 
Location: Phoenix
2,616 posts, read 2,399,873 times
Reputation: 2416
Quote:
Originally Posted by RPON View Post
http://www.infowars.com/america-1950-vs-america-2012/

I wish we could go back to 1950 America.
Try clicking your heels together 3 times while saying "there's no place like home"
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Old 02-27-2012, 06:47 PM
 
Location: Rhode Island
308 posts, read 518,046 times
Reputation: 87
Quote:
Originally Posted by noexcuseforignorance View Post
Seriously? Did you bother to look any of that up? Redistribution of wealth?

The top marginal tax rate in 1950 was 91%. Today it is 35%. Feel free to actually learn what you're talking about before posting again.
Inflation since 1950 is 941%, the average salary of 8,400 a year would equal 79,000 today. The average salary in 2012 is ~41,500.

So there is that too.
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Old 02-27-2012, 06:51 PM
 
20,187 posts, read 23,867,274 times
Reputation: 9284
The 1950 wasn't really a "consumption" society... these days, kids are walking around with mp3, iphones, and whatnot and adults with multiple cars and tvs... salary means nothing if you don't everything into perspective... you wonder what it will look like in another 60 or so years...
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Old 02-27-2012, 06:51 PM
 
30,898 posts, read 36,980,033 times
Reputation: 34536
Quote:
Originally Posted by dgthree View Post
Inflation since 1950 is 941%, the average salary of 8,400 a year would equal 79,000 today. The average salary in 2012 is ~41,500.

So there is that too.
That $8400 figure is pure BS. A quick Google search revealed the actual figure to be $2992.

American Cultural History - 1950-1959
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Old 02-27-2012, 06:57 PM
 
Location: Blankity-blank!
11,446 posts, read 16,193,000 times
Reputation: 6963
Ah yes, Elvis Presley, white picket fences, segregation, the Cold War, the unchallenged authority of the christian religion, Godzilla, backyard nuclear bomb shelters, censorship of books, the Dodgers and Giants still in New York City, Captain Kangaroo...
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Old 02-27-2012, 06:58 PM
 
Location: Rhode Island
308 posts, read 518,046 times
Reputation: 87
Quote:
Originally Posted by mysticaltyger View Post
That $8400 figure is pure BS. A quick Google search revealed the actual figure to be $2992.

American Cultural History - 1950-1959
http://www.bls.gov/opub/uscs/1950.pdf

Here shows closer to 3500, and my original number was incorrectly from 1959. So I stand corrected. Still, with 941% inflation Inflation Rate Calculator- from InflationData.com shows wages have gone down more when inflation should have them higher.
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