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> Even solider pay has far exceeded inflation: Bottom-rung pay for an enlisted solider was about $50/month back then, or $700/month in today's dollars. The bott
by 24gttghh 9y ago
> Even solider pay has far exceeded inflation: Bottom-rung pay for an enlisted solider was about $50/month back then, or $700/month in today's dollars. The bottom-rung pay today is about $1,700/month.
Would that not be explained by the fact that 50 years ago we had a mostly conscripted military, and today it is entirely volunteer-based? Gotta pay more when people aren't being forced into it. I'm not even sure if I'm disagreeing with anything you've said, but I just wanted to put that fact out there as well.
- rayiner 9y agoThat's part of it for sure. $50/month in 1945 was about 50% of median individual income. $1,700/month in 2017 is about 70%.