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imashooter2
10-20-2013, 06:42 PM
In January I picked up a 2 cavity Lyman 313445 with handles after a 2 year search. I finally got to cast it today and it is a beauty! With a cable sheath plus 10% pewter alloy, it drops at 96 grains and .315 - .3155 diameter, 1/2 a thousandth out of round (wide on the parting line).

But that isn't the reason for this post... In the bottom of the box, under the Lyman insert paper I found the original receipt. It was the yellow copy from an old school 2 part carbon copy receipt book. Remember them? Anyway, in March of 1954, a brand spankin' new 2 cavity Lyman mold with handles was $10.00 American. They didn't even charge PA's newly implemented sales tax. That would be $87 today. What a deal!

prs
10-20-2013, 07:27 PM
Considering inflation, we are paying far less at today's prices. What was gold selling for in '54? Maybe $20.00 per ounce, and today 60X that. Great find, I bet it drops to correct size too.

prs

williamwaco
10-20-2013, 07:37 PM
I don't remember any relevant 1954 prices.

Movie ticket 9 cents.

I remember this one from 1955:
Small Pistol Primers $8.95 per thousand.

imashooter2
10-20-2013, 09:02 PM
Considering inflation, we are paying far less at today's prices. What was gold selling for in '54? Maybe $20.00 per ounce, and today 60X that. Great find, I bet it drops to correct size too.

prs

Plugged into an inflation calculator, $10 in 1954 is $86.94 today. Midway will sell you a Lyman 2 cavity and handles for $102 plus shipping...

smokeywolf
10-20-2013, 10:31 PM
I was just a gleam in my daddy's eye in '54. Wasn't gas about 17 cents per gallon then. If gasoline had increased at the same rate as this calculated inflation you quote, today you would be paying about $1.53 per gallon for your gas, instead of $3.90.
Everything else has gone up 870% while gas has gone up 2,300%.
Alfalfa hay is running about a buck a flake or about $13.00 for a 3 wire bale. Might be time to go back to a more civilized and economical form of transportation; horses.

smokeywolf

Duckiller
10-20-2013, 10:36 PM
Gold was $34.00 perounce and you could only sell it not buy it. Gas cost more than $0.17 per gallion. And people got polio. Just because it was awhile ago doesn't mean it was better.

mikeym1a
10-20-2013, 10:42 PM
Just checked inflation correction online, $10.00 in 1954 has the 2012 value of $84.15153.



Considering inflation, we are paying far less at today's prices. What was gold selling for in '54? Maybe $20.00 per ounce, and today 60X that. Great find, I bet it drops to correct size too.

prs

smokeywolf
10-20-2013, 10:52 PM
Beg pardon Duckiller, I stand corrected. Gas was 29 cents/gal, which means it's gone up a measly 1,340%.

smokeywolf

relodr36
10-21-2013, 12:18 AM
Gold was $34.00 perounce and you could only sell it not buy it. Gas cost more than $0.17 per gallion. And people got polio. Just because it was awhile ago doesn't mean it was better.

You're right,Duck! My buddy ran a 2 pump Gulf gas station and I covered for him in the evenings
when he had a hot date. Regular gas was 22 cents a gallon and High test was 25 cents.
On a good day,he grossed $100.
I went to Penn State in 1955 (main campus). I still have the receipt somewhere. Back then,they had 2 semesters in a normal year,instead of the current trimester.
Anyhow,total tuition,fees,and room and board came to $355 for a semester!
It was better though - nobody had heard of AIDS and some of the other exotic diseases,a lot of people smoked or chewed,but you didn't hear of marijuana,heroin,and cocaine.
Most of the politicians were considered to be honest,homosexuals were called a different name and were very secretive about it,being on welfare was avoided at all costs,and the government wasn't constantly trying to curtail your 2nd amendment rights.

Gtek
10-21-2013, 12:31 AM
Anybody run the numbers and calculate the out of round. 1955=(.005"), 2013=> (______) Gtek

MtGun44
10-21-2013, 12:46 AM
And what was the average wage for a factory worker in 1954?

Probably about 3 or 4 grand a year, just guessing. If $3000, that is $250 a month,
or $62.50 a week. SS tax was 1.5%, income tax rate $0-$4000 was 17.4%,
18.9% together. This drops take-home to $50.68 a week, $203 a month.

If $4000, that is $333 per month, or $83 a week. Take-home would be $67.31,
or $270 a month.

A $10 mold was 1/5th to 1/7th of your take-home pay in those days for a week. I
don't know what food, gas and housing cost, but I'm thinking $10 was the same
or MORE of a financial burden as today.

OK, more calculations: One source says avg home price was $22,000. If you paid
10% down, and got a $20,000 loan for 30 yrs at 4%, the payment was $96 a month.
Add in taxes and insurance, my estimate is about $110/mo. So, if you were taking
home $270/month, and house payment was $110, your available income for car
payment, gas, insurance and food was $160/month. If you were at $3000/month,
the "leftover" is going to be only $93 a MONTH.

That $10 mold is getting pretty pricy.

And - like the man said - you could get polio or die of a heart attack that can be
fixed with a stent in an hour and a half today. The prices sound great until you look
a bit closer.

Bill

rintinglen
10-21-2013, 01:50 AM
One thing that I found peculiar in a 1959 Hardware Catalog was that a new 1911 colt cost a buck less than a new Winchester M-94--69.50 to 70.95. Handguns in general were pretty inexpensive compared to Rifles, except for the Model 29, which ran 125.00.

Echo
10-21-2013, 01:54 AM
Considering inflation, we are paying far less at today's prices. What was gold selling for in '54? Maybe $20.00 per ounce, and today 60X that. Great find, I bet it drops to correct size too.

prs
.
We (USA) set the price of gold @ $35/ounce (troy), until Tricky Dick let the price float, IIRR...

smokeywolf
10-21-2013, 08:24 AM
MtGun44, not challenging your sources but, my folks bought a brand new 3 bed, 2 bath tract home on a 1/4 acre lot in late 1962. Price was $19,950. Their previous house on a main thoroughfare in San Fernando Valley, CA was a little smaller but still 3 bed, 2 bath. Bought new in early 1954 for $10,000. Dad used his CalVet and put $39.00 down and their payments were $75.00 per month.

I also remember as child, 1960 give or take, seeing gas prices as low as 22 cents per gal. back when the oil companies used to compete with one another.

smokeywolf

imashooter2
10-21-2013, 08:36 AM
In 1957, my Dad bought the twin I grew up in for $4,000 in the Philly suburbs. Closed on it while Mom was in the hospital after delivering me.

w5pv
10-21-2013, 08:53 AM
Around here gas was 16 to 20 cents a gallon from an independent dealer ,if you bought from Texaco,Gulf,Esso.Phillips or some other premium dealer it was 4 to 5 cents higher.Along about that time I Bought a .22 Single shot Stevens bolt action and a single shot break open Stevens 16 gauge shot gun $17.00 and change for both.

fivegunner
10-21-2013, 09:25 AM
WOW! I remember in the in the 60`s some gas was 22 cents a gallon, my first colt 1911 that I bought the day I turned 21 was $199.00 + tax . I was hatched in july of 1954

Prospector Howard
10-21-2013, 09:44 AM
Gas is still about 20 cents a gallon if you use REAL money. Check out Coinflation.com and see that 2 silver dimes are worth about $1.60 at silver spot price of just over $22. Just filled up at $3.20 a gallon. That shows you what they've done to your money if you save in paper monopoly money. You never earn enough interest to keep up with inflation especially when they tax the little bit of interest you get from the banksters. Inflation is one giant wealth transfer system for the banksters, government, and the 1% club that we aint in. Most people don't understand this, and that's why you're ripped off from the moment you're born. CROOKS!

enfieldphile
10-21-2013, 10:10 AM
The cheapest I ever bought gas was $0.28 in very early 1973 @ an independent station. I was 17 then. I had just got my license. A few months later the fake gas shortage hit and the price almost doubled over night.

My dad was born in1917. He said the least he ever paid was $09.9 a gallon.

mold maker
10-21-2013, 11:09 AM
I remember as a teenager I couldn't get $4. worth of gas in a 49 chevy, but could drive all weekend, and still get to work all week.
Ever so often there was a gas war and I bought it at .13.8/gal.
Hamburger was .55/lb, and cigs were .16/pack.
The Sat show started at 8:30 and a quarter got you in, and a hotdog and drink for lunch. You still had .12 jingeling in your pocket at 4:00 when ya got home.
Those were carefree days.
Oh yeah, nearly every store in town had 22 ammo on the shelf and it was as cheap as .34/50 rounds

sprinkintime
10-21-2013, 12:15 PM
MtGun44, not challenging your sources but, my folks bought a brand new 3 bed, 2 bath tract home on a 1/4 acre lot in late 1962. Price was $19,950. Their previous house on a main thoroughfare in San Fernando Valley, CA was a little smaller but still 3 bed, 2 bath. Bought new in early 1954 for $10,000. Dad used his CalVet and put $39.00 down and their payments were $75.00 per month.

I also remember as child, 1960 give or take, seeing gas prices as low as 22 cents per gal. back when the oil companies used to compete with one another.

smokeywolf

Smokeywolf, you are right there, my dad paid just around 10K for a 3 bd rm house in Sierra Madre and then in 56 moved out to Charter Oak for horse property for about the same, I know he made about 3.00 a hr as a machinist, gas was between .24 to .28 a gal. always had gas wars. For 20.00 you could buy food for a family of six. You might have it a lot more easier today, but the old days where better, for the kids, you could carry your B-B gun down the street and not have 200 cops surround you + the swat team.
Sprink

prs
10-21-2013, 12:50 PM
You have to take the inflation rates with a grain or so of salt. The guvmint does not allow fuel, food, or anything else that really goes up to be included, right?

prs

dbosman
10-21-2013, 05:15 PM
I'm not pushing gold. <-period
My great grandfather maintained that a $20 gold piece would always buy a suit with two pair of pants, three shirts, seven collars, and some ties.

StratsMan
10-21-2013, 05:42 PM
1954 pricing... I like to compare using coins: silver coins, which are selling ~$17/$1 face value today...

If gas was a quarter per gallon, then it was a silver quarter... that quarter is worth $4.25 today...
If your wage was (only) $3.00 per hour, then that wage is $51 per hour today...

In terms of silver currency, gas is cheaper today than in '54, and I'd like to get $3.00 (face value) of silver coins per hour today...

MtGun44
10-21-2013, 08:30 PM
I have zero idea what an "average price for a house" would be TODAY let alone in 1954 when I was
a toddler. Just a source on the web and maybe it was average for some hotsy-totsy suburb of
Washington or NYC or something. I'd trust you guys memories better than an unknown web
source. So correct the house payment down some and those super cheap seeming
guns and stuff are not so cheap, really.

As to the BB gun comment above - amen! For two really good reasons - first nobody though
there was a thing wrong with a kid with a BB gun and second there was NO SUCH THING as
a SWAT team. Somehow we managed.

Bill

mikeym1a
10-21-2013, 10:48 PM
Anybody run the numbers and calculate the out of round. 1955=(.005"), 2013=> (______) Gtek

Just found a newspaper article online dated Oct '55 stating that the census bureau announced that the average income was $2,300.00 for 1954, about the same as 1953.

http://news.google.com/newspapers?nid=1665&dat=19551020&id=IEIaAAAAIBAJ&sjid=hyMEAAAAIBAJ&pg=3044,5950263

Garyshome
10-21-2013, 11:22 PM
Plugged into an inflation calculator, $10 in 1954 is $86.94 today. Midway will sell you a Lyman 2 cavity and handles for $102 plus shipping... Don't buy from Midway... prices are high.

imashooter2
10-21-2013, 11:25 PM
Plugged into an inflation calculator, $10 in 1954 is $86.94 today. Midway will sell you a Lyman 2 cavity and handles for $102 plus shipping... Don't buy from Midway... prices are high.

Where did you find a 2 cavity Lyman mold with handles for $86.94 delivered?

smokeywolf
10-21-2013, 11:50 PM
In '62 we moved to a suburb north of San Fernando Valley, CA; small city of 11,000. Used to ride all over town with my pellet rifle across my handle bars. Never got a sideways glance from anybody. Nowadays can you imagine? SWAT, DHS, ATFE, SS; they'd all be surrounding you and ordering you to surrender your single shot assault pellet gun.

I desperately wish my sons could experience the freedom that I enjoyed.

Also wish I could raise my family in times before progressive liberals had hacked away so much of our freedoms and corporate greed had destroyed our economy.

smokeywolf

Silverboolit
10-22-2013, 12:28 AM
In 1974, I wanted to shoot bullseye pistol and had to buy a .22. I bought the highest priced .22 semi-auto that the gun shop had..a NIB S&W 41. 7 3/8" barrel, target model......135.00. Ruger Model 1 was 59.95.

MtGun44
10-22-2013, 11:06 PM
My Ruger std auto .22 in 1968 was $37.50, the same price it had been for many years.

Bill

Old Caster
10-24-2013, 11:16 PM
In those days there wasn't nearly as many things to spend your money on but my recollection is that everything gun related was very expensive at that time.

gmsharps
10-25-2013, 01:26 AM
Yep I bought my Ruger MKI 5.5in heavy BBL for $60 around the 1973 time frame and the Winchester 9422 had just came out and I bought a first year production for around $90. Thing is money for a SP/5 in the military was mighty scarce and these were major purchases those days. I remember pulling a lot of week end dutys for folks to get the extra money for them and not come out of the already stretched family budget. By the way I still have these two and they both still shoot great and bring back a lot of old memories.

gmsahrps

badbob454
10-25-2013, 02:17 AM
I was born in 1954... @1959 in Okinawa , i was an Air-Force brat.. i could buy 2 snickers bars for a nickle. think they were bigger then also movies were 15c and a hand held transistor am radio was $10.00, saved for a year for that one ...

Bigslug
10-25-2013, 08:39 PM
About ten years ago, I bought a Winchester 69A .22 rifle. Old gunsight purveyor extraordinaire Garry Fellers sold me a period-correct target-click Lyman receiver sight for it that was essentially new in the box. This was the cardboard box with the little perforated reinforcements on the corners as came on Sierra bullet boxes until very recently.

The most remarkable thing about it was that the price for the sight was actually printed as part of the product label. Would you believe $7.50? I paid Garry a good bit more than that and was happy to do it.

leadman
10-26-2013, 12:29 AM
After I got out of the Army I bought a 3 bedroom ranch style house, no basement in Michigan for $11,500. In high school, late 1960s I bought gas as low as 12 cents per gallon during a gas war, was usually 19 cents to 22 cents.
When I started as an apprentice at Cummins Diesel I made $2.58 per hour. I bought a new Dodge Dart 340 for $3,200. Then I went in the Army and made $4,500 for 2 years and 8 months service as an E4 for most of it.

LeftyDon
10-26-2013, 12:40 PM
Beg pardon Duckiller, I stand corrected. Gas was 29 cents/gal, which means it's gone up a measly 1,340%.

smokeywolf

During a '60's price war we had regular going for $0.139/gal plus S&H green stamps and full service pumping. $2 to fill a '59 Chevy's tank. However, $2 seemed a lot back them. You also could get a silver $ for a buck at the bank. Guess I wish I had still had more of those today.

I remember being told that the Navy would be paying me $0.39 and hour, but they'd make up for it by working me 23 hours a day. :groner: However, it was tax free when we were killing water buffaloes in support of the Army/Marines.

LeftyDon
10-26-2013, 12:53 PM
In '62 we moved to a suburb north of San Fernando Valley, CA; small city of 11,000. Used to ride all over town with my pellet rifle across my handle bars. Never got a sideways glance from anybody. Nowadays can you imagine? SWAT, DHS, ATFE, SS; they'd all be surrounding you and ordering you to surrender your single shot assault pellet gun.

I desperately wish my sons could experience the freedom that I enjoyed.

Also wish I could raise my family in times before progressive liberals had hacked away so much of our freedoms and corporate greed had destroyed our economy.

smokeywolf


I used to take my .22 on the school bus to school! Had to leave it with the principal, but after school we went under the gym to the school's rifle range and shot for tryout for the school's rifle team. NRA sponsored 22LR's were $0.25/50 it you used them there on the range. Then we shot against other schools in the area. Guess that's not going to happen again any time soon?

theperfessor
10-26-2013, 03:19 PM
Nostalgia is fine, and comparing certain basic commodities gives some idea of inflation rate, but I look at things a little differently.

How much did an iPad, smartphone, or laptop computer cost in 1954?

How much did an MRI or CAT scan cost in 1954?

I was born in 1954. I WOULD NOT WANT TO RETURN TO THAT ERA.

Sorry if this is a little off topic.

LeftyDon
10-26-2013, 05:09 PM
Nostalgia is fine, and comparing certain basic commodities gives some idea of inflation rate, but I look at things a little differently.

How much did an iPad, smartphone, or laptop computer cost in 1954?

How much did an MRI or CAT scan cost in 1954?

I was born in 1954. I WOULD NOT WANT TO RETURN TO THAT ERA.

Sorry if this is a little off topic.

Regarding technology, you are correct - this is the best of times. However, regarding social problems, I'd love to go back to the "leave it to Beaver" era where having a baby in high school wasn't the norm and kids were off the streets doing homework at night.

smokeywolf
10-26-2013, 11:25 PM
Nostalgia is fine, and comparing certain basic commodities gives some idea of inflation rate, but I look at things a little differently.

How much did an iPad, smartphone, or laptop computer cost in 1954?

How much did an MRI or CAT scan cost in 1954?

I was born in 1954. I WOULD NOT WANT TO RETURN TO THAT ERA.

Sorry if this is a little off topic.

Perfessor,

On topic or off, your input is always of great value. As pessimistic and cynical as I've become, it's good to have the silver lining pointed out to me from time to time. Especially when it's coming from someone who shares many of my skills and interests but possesses much broader knowledge than I.
Being only a few months younger than you, but with adolescent boys, I have to hope to live at least a little beyond the average for our generation. The advances in medical technology that you mention, may help me reach that goal.

I hope medical technology is taking care of you right now.

smokeywolf

theperfessor
10-27-2013, 01:05 AM
No doubt there are social problems now that we didn't have 60 years ago, and I'm sure that would make for an interesting discussion. I greatly dislike the collectivist society we are evolving into.

I was just trying to point out that some economic comparisons need to be looked at in light of the fact that many things we use and depend on daily didn't even exist in 1954, or 1964, or ... You get the picture.

My parents great fear was polio, and I remember pictures of kids in "iron lungs". My fear when my son was growing up was AIDs. They are getting a handle on that.

It has been pointed out by many folks here that we are NOW living in the golden age of bullet casting. I agree, there are more and better tools, mold makers, and powder choices at (mostly) reasonable prices than ever before.

I have been a member of the NRA book club for a long time and have at least 100+ reprints of classic gun/shooting/hunting books so I feel I have a fair idea of the information, tools, and materials that were available from before the turn of the last century. The reloader of 100 years ago had so few choices compared to what we have now.

We are living in an era where most scientific problems are solvable; we simply need to develop the will to solve our social issues - issues that are caused not by the nature of the Universe but by the nature of human beings.

Smokeywolf, I wish you and your family the best. Live long and prosper!

MtGun44
10-27-2013, 01:59 PM
Excellent post, Keith. And I use Spock's saying on my Christmas letter to family and friend.

Bill

Bret4207
10-27-2013, 07:34 PM
Lotta truth in your last post Keith. The difference was polio was something you just caught. HIV/AIDS usually required some not so smart behavior!

I still remember when the MRSP on the Win 94 broke $100.00. I remember buying gas for 34 cents a gal for my Honda 55 (what a chick magnet!). I remember my dad buying recaps at Monkey Wards in town for $19.00. Buying oil in the old cardboard cans for 19 cents a quart. He bought a brand new Pioneer Holiday II chainsaw from Uncle Mel Waldron, our Pioneer, McCulloch, Homie dealer, for something like $60.00 and my mom freaking. I remember and still have a few bricks of CCI and Federal primers marked $1.90 per hundred, IMR powders were $11.50 a lbs, Herc were $10.50-11.00, Winchester/Olin was over $12.00 and Norma ran an incredible $16-18.00!!! 50 22lr on the cheap shelf ran under $1.50, often you could get them at Monkey Wards (Monarch maybe?) under a dollar.

OTOH, if you got any kind of cancer you died. If you had a heart attack you died. Pneumonia killed you. Women often died from childbirth, or at least often enough that I heard about it at 10-11 years old. You rarely saw people with serious birth defects simply because they didn't live. Blood poisoning was real. Drunk driving deaths were a weekly event. My dad broke his back in a DWI accident (one of many) and they cut his whole back open like a book, he was bed ridden for 6 or 8 months and wore a brace for 2 or 3 years after that. Today they'd have him out in a week and in physical therapy a month or 6 weeks later. I can still remember trying to help stretch his legs out for him at 8 or 9 years old. No PT back then, just Mom rubbing his legs and arms down with cocoa butter and my grandfather and us kids helping turn him in bed. Wha! I'd forgotten all about that.

Anyway, this is the golden age of reloading, casting, etc. We just better realize it and get our butts in gear keeping the anti's from taking what we have left away!

MtGun44
10-30-2013, 08:06 PM
Great post Bret. I am healthy as a hog and can still hunt and hike in the mountains with a heavy pack at
age 62 after a heart attack more than 8 years ago - BECAUSE OF HEALTH CARE TECHNOLOGY - pop in a
stent in about 45 minutes, NO incision - stick a big needle in my leg, put a bandaid on the hole. . . .
Out of the hospital in 2 days, free to go do ANY physical activity in 6 weeks - NO limitations, NO
permanent harm to the heart because the stent was installed within 90 minutes of the onset of symptoms.
That ranks as a A-grade miracle to ME. Spent the day working on my FIL's chimney cap, climbing on
the roof, doing whatever I need to.

I broke my femur in 1971 and spent 90 days in pin traction, never getting out of a hospital bed, then
90 more days in a walking cast, then 6 weeks on crutches. . . . . In 1999 broke the femur again. Out of
hospital on crutches in 2 days, walking with a cane in a week and a half, and walking normally in
3 weeks or so. What a difference 28 years made! [motorcycle and bicycle accidents. . . . .]

Be happy for that and much more wonderful health care, although there are sure problems like much
of the socialist junk that is getting pushed down our throats are pretty frustrating. Guns, reloading gear,
casting gear and knowledge [THIS SITE!!!!] are at far higher levels and we should really appreciate that
too!

Bill

theperfessor
10-30-2013, 09:59 PM
How much does a Lyman two cavity mold cost at retail? $80.00 maybe? Plus handles.

How much is a Lee two cavity with handles? $20?

How much did a two cavity Ideal mold cost? Pick any time period for the comparison.

IF Lee molds were available at that time how much would they have cost?

Not really a Lee fanboy but how many more folks might have gotten into reloading if Lee molds had been available.

codgerville@zianet.com
10-30-2013, 10:34 PM
How much does a Lyman two cavity mold cost at retail? $80.00 maybe? Plus handles.

How much is a Lee two cavity with handles? $20?

How much did a two cavity Ideal mold cost? Pick any time period for the comparison.

IF Lee molds were available at that time how much would they have cost?

Not really a Lee fanboy but how many more folks might have gotten into reloading if Lee molds had been available.
OK, lets talk about 1961, that's when I started reloading. Single cavity Lyman blocks were $10.00. Double cavity blocks were $12.00. Handles were $2.00. A pound of H4895 was $1.50. Primers were 50 cents per hundred. Box of Hornady 150gr spire point bullets was $5.00.A stick of Lyman Ideal bullet lube was 50 cents. RCBS dies were $13.50. Lachmiller dies were $8.50 (guess which I bought). A new aluminum Lachmiller C-type press was $12.00. Just a sample. Now, consider that I was being paid $1.80 per hour for driving a logging truck. After deductions I got about $14.00 to $16.00 a day. Lee didn't have molds, just the basic Lee Loader. 50/50 bar solder was $1.00 per pound, WW was free almost everywhere. H&G molds were available but I didn't even look at them, I think about $25.00.

MtGun44
10-30-2013, 11:36 PM
Keith,

You make a great point about Lee stuff. Not my favorite, but I have a lot of it.

All my first casting gear was Lee cheapo stuff. I made boolits that worked and I saved
money when I was poor. Later I got better tools, but the love for casting stayed. Lee did
and DOES a real service making "good enough" gear at reasonable (amazing?) prices.

Bill

GOPHER SLAYER
11-03-2013, 03:04 PM
Having lived thru the times being discussed here I feel I must give my first hand experience. What some of you are missing is the comparison of the value of super inflated money and the hard currency of yesteryear. While it is true that some people make a great deal more money today than the salaries paid in the 1950s, if they have a job. The trick is finding a job and also finding one for your spouse. I will also mention that people working today must stay on the treadmill much longer. I was married in 1958 while working for the phone company. Shortly after marriage my wife went to work at F.W. Woolworth. She worked for five years and we lived on her salary and banked mine. After five years we decided to start a family. My wife quit her job after our first child was born. We bought a new house, filled it with new furniture and had a two year old car. Our house payment was never over $130 a month. There is no way young couples can repeat what we did in today' economy. There have been references to polio in this post and I remember the fears parents had of that disease when I was a child but as I recall a cure was found in 1954. What liberals can never get thru there thick skulls is that you cannot create wealth on a printing press or in a computer. As for the remark about Tricky Dickey letting gold float, he seems to forget that it was FDR that stole the country's gold by outlawing private ownership it. The old socialist forced the citizens of this country to sell their gold to the government for fifteen dollars an ounce and then let it float to the world price of thirty five dollars. It is true that Nixon took us off the gold standard which was a big mistake but we must never forget that it was an even bigger socialist and protégé of FDR, namely LBJ that took away the silver backing of our dollar. If you look at an inflation chart starting in 1960 you can trace the curve upward beginning in 1964 and still rising. Socialist love inflation. In my opinion we not only fail to study history, we have lost the ability to reason. I have posted many of these comments before on this site and if you disagree with anything I have said I would encourage you to look it up for yourself.

smokeywolf
11-03-2013, 05:17 PM
Well put and well written GOPHER SLAYER. Indeed, you can't compare 1954 dollars to 2013 dollars.

smokeywolf

ktw
11-03-2013, 06:36 PM
Regarding technology, you are correct - this is the best of times. However, regarding social problems, I'd love to go back to the "leave it to Beaver" era where having a baby in high school wasn't the norm and kids were off the streets doing homework at night.

Teen pregnancy rates were higher in the 1950s than they are today.
http://www.thenationalcampaign.org/resources/pdf/TBR_1940-2006.pdf

Top marginal tax rates also ran in the vicinity of 90% in that era.

-ktw

smokeywolf
11-04-2013, 01:03 AM
Teen pregnancy rates were higher in the 1950s than they are today.
http://www.thenationalcampaign.org/resources/pdf/TBR_1940-2006.pdf

Top marginal tax rates also ran in the vicinity of 90% in that era.

-ktw

Did your parents make enough money to put them in that 90% tax bracket?

smokeywolf

ktw
11-04-2013, 09:15 AM
Did your parents make enough money to put them in that 90% tax bracket?

No.

-ktw