My mother recently relayed a story about when my dad was working a job for $100/week back in 1967 and the apartment they were in cost about $148/month. The wages work out to about $744.54/week in 2017 dollars (or $18.61/hour) and the rent is about $1,100/month. Not only is the worth of the currency degraded, but of course so is the worth of the labor.
My mother recently relayed a story about when my dad was working a job for $100/week back in 1967
= = = = = = = = = =
In 1967 and thereabouts 5200 was decent pay, 10 grand per annum was in good shape etc etc.
Today, I don’t want to put my pants on and start my truck unless I am getting 150-200 per DAY...or better
Lets just say that in 1976 I purchased a house with very little hassle (GI Bill) and not so sure what I would be able to do today (Not sure if VA will go 2nd time?? especially at my age)