Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
I drink your milkshake! a metaphor for capitalism
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="BadIdeaGuy" data-source="post: 4125327" data-attributes="member: 73381"><p>Fact check time.</p><p></p><p>1950 median family income was $3,300.</p><p>1970 median family income was $9,870.</p><p>1985 median family income was $23,620.</p><p>2000 median family income was $42,148.</p><p>2017 median family income was $61,372.</p><p></p><p>Adjusted for inflation to 2017 dollars, that would translate to:</p><p></p><p>1950: $34,100.</p><p>1970: $63,407.</p><p>1985: $54,368.</p><p>2000: $60,634.</p><p>2017: $61,372.</p><p></p><p>Sources:</p><p><a href="https://www.census.gov/library/publications/1952/demo/p60-009.html" target="_blank">Income of Families and Persons in the United States: 1950</a></p><p><a href="https://www.census.gov/library/publications/1971/demo/p60-78.html" target="_blank">Median Family Income Up in 1970 (Advance data)</a></p><p><a href="https://www.census.gov/library/publications/1987/demo/p60-156.html" target="_blank">Money Income of Households, Families, and Persons in the U.S.: 1985</a></p><p><a href="https://www.census.gov/library/publications/2001/demo/p60-213.html" target="_blank">Money Income in the United States: 2000</a></p><p><a href="https://www.census.gov/library/publications/2018/demo/p60-263.html" target="_blank">Income and Poverty in the United States: 2017</a></p><p></p><p>Inflation calculator:</p><p><a href="https://data.bls.gov/cgi-bin/cpicalc.pl" target="_blank">CPI Inflation Calculator</a></p><p></p><p>We have every bit as many chances to retire as past generations did.</p><p>The fact of the matter is that people prioritize huge houses with no one in them, multiple vehicles, and thousand dollar cell phones, to a modest retirement.</p><p></p><p>People have the opportunity to do every bit as well as their parents.</p><p>Most are just too entitled to make the sacrifices that would get them there.</p></blockquote><p></p>
[QUOTE="BadIdeaGuy, post: 4125327, member: 73381"] Fact check time. 1950 median family income was $3,300. 1970 median family income was $9,870. 1985 median family income was $23,620. 2000 median family income was $42,148. 2017 median family income was $61,372. Adjusted for inflation to 2017 dollars, that would translate to: 1950: $34,100. 1970: $63,407. 1985: $54,368. 2000: $60,634. 2017: $61,372. Sources: [URL="https://www.census.gov/library/publications/1952/demo/p60-009.html"]Income of Families and Persons in the United States: 1950[/URL] [URL="https://www.census.gov/library/publications/1971/demo/p60-78.html"]Median Family Income Up in 1970 (Advance data)[/URL] [URL="https://www.census.gov/library/publications/1987/demo/p60-156.html"]Money Income of Households, Families, and Persons in the U.S.: 1985[/URL] [URL="https://www.census.gov/library/publications/2001/demo/p60-213.html"]Money Income in the United States: 2000[/URL] [URL="https://www.census.gov/library/publications/2018/demo/p60-263.html"]Income and Poverty in the United States: 2017[/URL] Inflation calculator: [URL="https://data.bls.gov/cgi-bin/cpicalc.pl"]CPI Inflation Calculator[/URL] We have every bit as many chances to retire as past generations did. The fact of the matter is that people prioritize huge houses with no one in them, multiple vehicles, and thousand dollar cell phones, to a modest retirement. People have the opportunity to do every bit as well as their parents. Most are just too entitled to make the sacrifices that would get them there. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
I drink your milkshake! a metaphor for capitalism
Top