4 ms·
Here's an interesting document from the US Census Bureau: http://www2.census.gov/prod2/popscan/p60-097.pdf http://www2.census.gov/prod2/popscan/p60-097.pdf In
by johnohara 16y ago
Here's an interesting document from the US Census Bureau:
http://www2.census.gov/prod2/popscan/p60-097.pdf http://www2.census.gov/prod2/popscan/p60-097.pdf
In 1973, 628,000 families made less than $1000.00 per year. That's $.48 per hour for a 40-hour week. 8.1 million (14.1%) families made less that $5000 that year.
In 2011, annual unemployment benefits for an individual can reach about $20,000. In 1973, that amount would rank in the upper 18% of all family incomes.
Making $50,000+ in 1973 would rank in the top 1%.
- deleted 16y ago[deleted]
- georgecmu 16y agoYou're comparing apples to oranges. At a very minimum, you must adjust for inflation. Most people here, though, are more interested in how much you can get for a dollar today vs in the past.