We were married in l958, and shortly after that my husband 'broke' the $1.00 per hour
wage, as a young mill worker, he was then 22 and had worked in the mill for 5 years, by the time he retired in l991 as the top benchman in the mill, he was making about $36.00 per hour, and I think it was the top wage in the mill, even more than a sawyer, so he
paid his dues, went to school, got all of his tickets over the years, and the sawmill was
good for him, 'not so now', but if one checks out 'what' one can buy for the dollar
compared to now from l959, I can't really see an improvement at all, but a decline.
There is 'no' way a young married couple can live on 'one' wage today, unless of
course the working person is making a large amount of money each month.
We could do it then. A 20 dollar bill in my purse after bills were paid and groceries
bought would go a long way.
Oh, you see a decline there, not an improvement, do you? Really, all you whiners, moaners and groaners remind me of the perennial old timer one meets in almost every bar. He would cheerfully, gleefully explain to you how much things have gone to the dogs since his youth; how things were so much better when he was young (provided you buy him a beer of course).
As I said before, anecdotal evidence is not worth the paper it is written on (and no JLM, it
doesn’t matter if the anecdotal evidence is true or not, it is still worth very little).
Anyway, so what is the reality? Well, we need to look at the statistics to see what the real situation is.
http://www.stateofworkingamerica.org/tabfig/08/SWA06_08_International.pdf
Per capita income was 16,522 $ in 1960, it was 39,728 in 2004. Now, before anybody gets their panties in a bunch, this does not mean that people were earning 16,522$ per person in 1960. All the figures are at the price and exchange rates of year 2000.
In order to compare the two fairly, one has to convert them to the one particular year, to take account of inflation. What this means is that per capita income was 16,522 $ per person in 1960 (in terms of year 2000 dollars), in 2004 it was 39,738 $ (again, in terms of year 2000 dollars).
The situation is the same in Canada. Per capita income was 10,249 $ per person in 1960, it was 26.828 $ per person in 2004.
So people are earning much more today (in fact more than twice as much as they did in 1960, after accounting for inflation) than they did 50 years ago.
So sure Talloola, a dollar may have stretched far in the old days, much further than today. However, people earned so few of them that they were a lot worse off 50 years ago.
As I said, anecdotal evidence really isn’t worth much; one has to look at numbers, facts and figures. Just because somebody remembers something one way 50 years ago, does not mean it really was that way.
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