There were 4,843 strikes in that decade.
The population was 149,188,000, of which,there were 3,288,000 unemployed adults seeking employment.
The labor force was a 5/2 male/female ratio.
In 1950,inflation was up 5.7%. '51,it was up .7%, '52 it was up 1.7%, '53 it was up .06%, '54,it was up .4%, '55,it was down .3%,'56,it was up 1.2%, '57,it was up 2.9%, '58,it was up 1.9%, '59,it was up.5%.
In 1958,just tuition,cost $1,250 a year at Harvard.But the average salary for that year was $4,230.00. A teacher made $4,085.00, a doctor made $22,000.00, and a factory worker averaged $4,786.00.
Okay. For some reason you claim that it cost 1250 for an entire year at an Ivy League college, and that a doctor somehow made only 22K a year. Great. So the doctor sends his kids to Harvard. 1951, let's say.
It's 2005. The doctor can't make a go of it as an independent agent because the insurance is killing him. He joins a group. They build a really nice three story office complex by the water. He gets most of the top floor, but shares expenses with one other general practitioner. They have a staff of nine, with some part-time contractors. The lab and pharmacy, etc. are on the ground floor. But that doesn't concern him, in this way. And he takes home maybe 220K at year, let's say. That's probably a little high, but just to make the comparison.
Now, we all know that tuition has skyrocketed at various schools. $12.5K a year seems low for Ivy League. I'd guesstimate that total expenses run upwards of 40K/yr. But, please, indeed, correct me if I'm wrong.
If you don't dispute the numbers, by my reckoning the doctor's son is paying 3x what Dad paid for his Hawvawd education. Close to 20% of his yearly pre-tax income. And at 22K, what did Dad pay in taxes, compared with Jr.?
Anyway, seems a simple point. Don't know why we can't agree.
Ah the lovely times when unions ruled the country.