Godlike Productions - Discussion Forum
Users Online Now: 987 (Who's On?)Visitors Today: 232,767
Pageviews Today: 358,363Threads Today: 139Posts Today: 1,965
04:03 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

In 1913 the avg income per year was about $1300, today you would need to make about $130k!!

 
MaxMad
Offer Upgrade

User ID: 39464638
United States
02/26/2014 05:42 PM
Report Abusive Post
Report Copyright Violation
In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
Anonymous Coward
User ID: 33796911
Australia
02/26/2014 05:50 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Sad ha.
Anonymous Coward
User ID: 40832551
United States
02/26/2014 06:02 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
How much did it cost to send a 10,000 page engineering document from NYC to China instaneously in 1913?
Anonymous Coward
User ID: 49388975
United States
02/26/2014 06:04 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Yeah but that is poor peoples fault. I heard it on the news.
GreatWhiteNorth

User ID: 54760631
Canada
02/26/2014 06:05 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
 Quoting: MaxMad


Its believable.

Everything is overpriced. Absolutely everything.
MaxMad  (OP)

User ID: 39464638
United States
02/26/2014 06:05 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
How much did it cost to send a 10,000 page engineering document from NYC to China instaneously in 1913?
 Quoting: Anonymous Coward 40832551


how much did a 50' inch big screen tv cost back then?
Anonymous Coward
User ID: 39951302
United States
02/26/2014 06:07 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
 Quoting: MaxMad


You can't really compare dollars then to dollars now. They were still completely on the gold standard then
Anonymous Coward
User ID: 16453458
United States
02/26/2014 06:08 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Yeah but that is poor peoples fault. I heard it on the news.
 Quoting: Facts>feelings


oil
GreatWhiteNorth

User ID: 54760631
Canada
02/26/2014 06:14 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
 Quoting: MaxMad


You can't really compare dollars then to dollars now. They were still completely on the gold standard then
 Quoting: Anonymous Coward 39951302


You can compare what earning vs. price ratios were back then with what they are now.

You dont even have to go back that far to compare, for example. The average working American in the 1960's could have purchased a brand new vehicle with two months salary .... compared to 12 months salary (for a cheap low end vehicle) and 24-36 months salary (for a higher end vehicle) nowadays.

That discrepancy is enormous.
Anonymous Coward
User ID: 35404165
Oman
02/26/2014 06:18 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
bump for buying power.
Anonymous Coward
User ID: 49388975
United States
02/26/2014 06:21 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Yeah but that is poor peoples fault. I heard it on the news.
 Quoting: Facts>feelings


oil
 Quoting: AkashicRecord


That's poor peoples fault also. It was covered in the same news segment.
gebahie

User ID: 10118097
United States
02/26/2014 06:22 PM

Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Well you can thank this for that...

printing press34
Anonymous Coward
User ID: 847437
Canada
02/26/2014 06:29 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
How much did it cost to send a 10,000 page engineering document from NYC to China instaneously in 1913?
 Quoting: Anonymous Coward 40832551


That's called progress Mister Shill. If it wasn't for TPTB most people would probably only have to work 500 hours a year for the same things they have now.

Energy would probably be free if it wasn't for those freaks
Anonymous Coward
User ID: 48399731
United States
02/26/2014 06:31 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
 Quoting: MaxMad


Perhaps it's time to return to High school math class, then revisit elementary english. Both of which, evidently, you failed.

$1 dollar in 1913 equates to $23.19 in 2014. Thus, $1300.00 in 1913 equates to about $30,149.63 in 2014 dollars.
Anonymous Coward
User ID: 54855206
Australia
02/26/2014 06:49 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In todays dollar terms you would need to make over 130k+ just to be an avg salary in 1913 terms. The purchasing power of the dollar has fallen from $1 in 1913 to .1 cent in purchasing power of that same dollar in 2014! Unfreakinbelievable!!
 Quoting: MaxMad


Perhaps it's time to return to High school math class, then revisit elementary english. Both of which, evidently, you failed.

$1 dollar in 1913 equates to $23.19 in 2014. Thus, $1300.00 in 1913 equates to about $30,149.63 in 2014 dollars.
 Quoting: Anonymous Coward 48399731


derp, you would need 130k to have the same purchasing power, are you a chosen?
Anonymous Coward
User ID: 54656570
United States
02/26/2014 06:55 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
In 1913 there were no federal income taxes or social security. If you factor in that we pay taxes and social security, do you get the same result?
Anonymous Coward
User ID: 16453458
United States
02/26/2014 07:27 PM
Report Abusive Post
Report Copyright Violation
Re: In 1913 the avg income per year was about $1300, today you would need to make about $130k!!
Well you can thank this for that...

:printing press34:
 Quoting: gebahie


:100-trillion-Z$:





GLP