So you think familes with both parents who work is a good thing? Frankly, I have no problem with married men with familes getting more pay. As for the 90% tax rate in the 50s, that applied to very few people, and most of them put money in tax shelters, so they paid no where near 90%.
As for the $60 a week in 1943, that would be equivlent to the pay of a job that pays $15+ an hr today when one takes inflation into account. Also the median housing to median income ratio was far more narrow then than it is today. The ratio of median family income to median priced housing was around 2.3 in the early 60s, it is over 4 today.
Take that ratio into account, plus higher medical costs and so on, the picture doesnt look so good.
How old are you?
Take that ratio into account, plus higher medical costs and so on, the picture doesnt look so good.
That was the best job in town. My first jobs were in pulpwood and logging. Paid $25.00 a week daylight to dawn and a half a day Sat. If you didn't live in a town there wasn't even running water. You can use all the satistics you want but I was there. I don't know anyone that even had medical ins. They would have thought it a joke. If you wanted a hot bath you could go cut the wood and heat the water. No phone, no TV, and no electricty if not living in a town. Nearest place to get glasses 60 miles. I remember when the mayor got the first TV next door. I remember gas limited to 4 gals. a month, and food as sugar was limited to the stamps you had. Half the years in the 40's they didn't even make cars. You really don't have a idea of how much better it is today. Until the war there was 25% unemployment.