moonshot925 SAID: Our standard of living is much higher now than it was in 1962.
How exactly has the country been in decline?
Were you even alive in 1962, moonshot925? Maybe some half assed statistics say that the standard of living is higher but they lie. I was there, I know. Have you even been aware of the state of the economy lately?
Besides, income does not necessarily determine "the standard of living". We had more freedom then, lots more. Husbands worked, wives stayed home and took care of the children, with only one person working in the family it was possible to buy a house, two cars and such comforts as TVs and radios. Today, even with both spouses working(in Bozoville however they are lucky to have even one working)most couples barely make it, anyone who says the standard of living, which is a poor way to determine how things are, is higher today, is full of sh**.
In 1962 I could buy a gun through the mail, walk down the street carrying one or have one or two strapped to me and no one would stop me or question me. I could ride in the back of a pick up without getting a ticket, I could cut the trees on my property without having to get a permit. I could go on and on about the freedoms we had then and don't have now but why bother? You are obviously an idiot or a troll.
More freedom?
In 1962 the lowest income tax rate was 20% and the highest was 91%.
The corporate income tax rate was 52%.
Sure there were loopholes and deductions, but the effective tax rate was still much higher than today.