4/20/2008

A look back.

Dwight D. Eisenhower was our President. Serving under him was Richard M. Nixon. The population of the United States, 180,671,158 and you were expected to live 69.7 years.
The Dow-Jones for this year top out at 658 and the low was 566.
Federal spending was $92.19 Billion and the federal debt was 290.5 billion. Inflation was 1.4% while consumer price index stood at 29.6. Unemployment rate was 5.5%
You could buy a new home for around $16.500, a new car for around $2,000. (I brought a new 1968 for $2800.) A first class stamp? 4 cents. You could buy a gallon of gas for 31 cents, a dozen eggs for .57 and a gallon of milk for .49 cents.

I started working in 1965 on my first full time job. I remember that I made $6,000 for that first year. But, I brought a used home, I had two vehicles, one new, the other one used, and had money left over after these payments were met. I remember eating at a local cafeteria where two bucks could get you fried chicken, mash potatoes, a vegetable and pie on the side. And this includes your drink. I could go to the local barber shop and get a haircut for $1.50. You could go to a movie, get drinks and popcorn for under $5.00 with a date. If you gas guage was sitting on empty, you could fill up for less the $4.00. Of course, our dollar was worth a whole lot more back in the 1960’s

We did not have home computers at this time so there was no need for internet service like most have. We did not have cable TV like we do today only to fined there is still not much worth watching. Not to mention I pods, CD players, if we wanted to listen to music, we turned the radio on. We had a single phone line with no call waiting, three way calling or answer machines or voice mail.
I guess times has changed some good and some maybe for the worst. From 1960 to 2008 these changes have taken place. What will today look like 2056?

1 comment:

Anonymous said...

We old farts are pleased to count you among us. General Ike was my first Commander-in-Chief, if only for one year. Kinda cool that my Dad and several of his brothers can claim the same, much earlier.