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1955

Great post Lilly.

I had a friend tell me once when we were talking about unions, the possibilty of a strike, and the costs of things. He told me " You know I wouldn't mind going back to what they paid me 10 years ago really. But only if they also make cars cost what they did 10 years a go, make groceries, utilities, and gasoline the prices they were ten years ago, if they guarantee that mortgages, rent, medical bills, and loans were charged the same as they were back then, if I could send my kids to school and even college for what it cost back then, why if they could deliver all that, then sure cut my wages! But I don't have to worry, they won't promise to do any of that, they just want working people to make less, not themselves. So I say we strike!"

Never forget it, or him.
 

Great post.

But if anyone was saying
Thank goodness I won’t live to
see the day when the Government
takes half our income in taxes. I
sometimes wonder if we are
electing the best people to
government.
in 1955, they weren't paying any attention, since the top marginal rate was 91%. Of course, we had 24 income tax brackets back then.
 
Thanks all for your input, every time I read things like that and I mention it to my grandchildren, they can hardly believe it and looking back, I can hardly either.

Typewriter...............what's a typewriter. We never would have imaged the technology of today. We wait a few months and there is an update to the latest. It's made life easier in some ways and certainly more efficient but there is something to be said for the good old days.
 
Good to see you, lilly, and thanx for this post. I never get tired of reading a "blast from the past".
 
From your link: Did you see where some baseball
player just signed a contract for
$50,000 a year just to play ball?
It wouldn�t surprise me if someday
they�ll be making more than the President.

LeRoy: Not entirely accurate. In 1931, as the U.S. economy was suffering through the Great Depression, the New York Yankees paid famed baseball player Babe Ruth a salary of $80,000. At the time, this pay was extraordinary, even among the stars of baseball. According to one story, a reporter asked Ruth whether he thought it was right that he made more than President Herbert Hoover, who had a salary of only $75,000. Babe Ruth replied, "Well, I had a better year."
 
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