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To: Fiddlstix
Check out these two facts alone:

The average wage in the US was 22 cents an hour.

Sugar cost four cents a pound. Eggs were fourteen cents a dozen. Coffee cost fifteen cents a pound.

So an 8 hour day would have paid around $1.76. Stopping by the grocery store to pick up a pound of sugar, a dozen eggs, and a pound of coffee would have set you back $.33, or about an hour and a half of work.

Now days, an 8 hour day pays around $100 on average ($26,000 a year). Stopping by the grocery store to pick up a pound of sugar ($.50 a lb), a dozen eggs ($1.09 a dozen), and a pound of coffee ($2.39 a lb) would set you back $3.98, or about 15 minutes of work.

In terms of "Real Living Costs" when it comes to food, we have it much, much better than we did a hundred years ago. Most of the world, including the wealthy nations of Europe, have it about the same as the turn of the century.

What does this say about us? It says we know how to feed ourselves and keep costs down. That ability is one of the myriad reason why most of the world dislikes us. They view our hard work and ingenuity as being lucky.

Indeed, America has gone from being a wealthy nation in 1902 to having even our very poor be insanely wealthy compared to most of the world.

16 posted on 11/26/2002 2:50:54 PM PST by Anitius Severinus Boethius
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To: Anitius Severinus Boethius
Gee, and around here we have a chorus singing the praises of the "good ole days." When men were men and horses horses.
21 posted on 11/26/2002 3:03:43 PM PST by justshutupandtakeit
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To: Anitius Severinus Boethius
Indeed, America has gone from being a wealthy nation in 1902 to having even our very poor be insanely wealthy compared to most of the world.

Indeed, you make a very good point
I, myself, had my first "real job" back in 1958. I was paid $0.25 per hour (and Glad to get it)

I paid $0.10 for Gasoline. I could go to the "old A&W drive in" and eat & drink (soft drinks) all I wanted to for $0.15 to $0.40 (depending if I wanted to be a Real "Big Spender)

Times have surely changed
(Within my short time span on this old earth)

26 posted on 11/26/2002 3:32:41 PM PST by Fiddlstix
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To: Anitius Severinus Boethius
In terms of "Real Living Costs" when it comes to food, we have it much, much better than we did a hundred years ago. Most of the world, including the wealthy nations of Europe, have it about the same as the turn of the century.

If it weren't for government subsidies, the relative cost for food would be even less.

40 posted on 11/26/2002 4:42:26 PM PST by Moonman62
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To: Anitius Severinus Boethius
I can even go back to just 1977:

Minimum wage was $2.35 per hour while bracket creep took more in taxes if you worked 45 hours a week (with 5 overtime hours) than 38 hours a week. Everyone I knew that worked in college, like me, dared not work more than 38 hours.

Gasoline was about 70 cents per gallon.

A medium Supreme pizza from Pizza Hut (where I worked and delivered) was about $13..it's about $13 today.

A six pack of Busch beer was $3.25 or 12 oz. cans. It was $3.50 for a six pack of 16 oz. cans. I can buy a 12-pack of 12 oz. cans of Busch today for $6.49 (yes, pizza and beer - it was college)!

Of course many things like cars, houses, concert tickets, etc. have gone up more, but the average commodity has not! And the quality is much better today.

Oh what a difference just 25 years make!
60 posted on 11/26/2002 7:59:12 PM PST by Fledermaus
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