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To: shotgun
--Will I get a chance to see gas again as cheap as it was when I was a young’un? 19 cents/gal.--

By way of a comparison, $0.19 in 1964 is the equivalent of $1.46 today.

16 posted on 08/17/2015 2:03:48 PM PDT by JPG (What's the difference between the Rats and the GOPe? Nothing.)
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To: JPG

I’d still take that over $3.00/gal any day of the week


20 posted on 08/17/2015 2:06:06 PM PDT by shotgun
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To: JPG

“By way of a comparison, $0.19 in 1964 is the equivalent of $1.46 today.”

That is the official line, the truth is much, much worse. You could live a lot better on $1.90 an hour then than you can on 14.60 now, I mean a LOT better. It is not possible to make a straight comparison due to things being so different now but if you are comparing the cost of living now the way people lived then the ratio you quoted is nowhere close. If I buy a meal in an eating place now the sales tax I pay is well over what the same meal with sales tax included cost in 1964.


37 posted on 08/17/2015 2:38:04 PM PDT by RipSawyer (Racism is racism, regardless of the race of the racist.)
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