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Title: You would have to earn $380,000 per year to have the same wealth as your average gilded age peasant
Source:
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URL Source: https://www.investmentwatchblog.com ... ur-average-gilded-age-peasant/
Published: Jan 29, 2022
Author: staff
Post Date: 2022-01-29 20:23:44 by Horse
Keywords: None
Views: 1556
Comments: 42
Wages Have Decreased by 92% Over The Last 130 Years Since the Gilded Age: Poster Comment: SEE CHART.
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#1. To: Horse (#0)
I'd like to see the specs on that median 1912 house versus those of 2022's median house.
This article is bullshit, in my opinion. A factory worker in 1890 may have lived in a bigger house, but it would have been with a much larger extended family. Farm families (a few of them) may have been better off, but most city dwellers were living in squalor in the days before refrigeration, electricity, automobiles, and paved roads.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
Because of inflation in LA the houses were probably better built then than now though without the modern electronics. In San Jose the houses that were $25,000 in 1966 are now all over $1,000,000 due to over population and inflation. Inflation has cut the size of 2 by 4s.
The Truth of 911 Shall Set You Free From The Lie
Agree, my gut calls BOGUS on this article.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
I have always admired your common sense.
“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
I don't even know what a 'gilded age peasant' is. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. In 1932 my parents bought a house in Paterson NY (then a decent city) for $2,000 and, yes, it had electricity and indoor plumbing.
At $5/day (what Ford was paying from 1914 on) that would be in the neighborhood of $1300/year. In High School, we were taught that the basic estimate on how much house one could afford was 2.5*annual wages, so that sounds pretty affordable. I thought 2.5*annual wages was nuts, people have to eat, too. “I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
Interesting. Do you know if the house is still standing, and what it's worth today?
That's because you are a lifetime privileged aristocrat! And probably a racist one at that!
Word is that Esso was one of the original colonial settlers of Fort Wayne. Shame on you Esso, killing all those Apaches. “I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
Lord yes, and don't any of you forget it. A buck-something an hour at the local Micky D's at night in the 70s when I wasn't in high school, now I'm THE KING OF THE WORLD. Remember that or I'll mandate more vaxxes. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. One of? THE ONE. Fuck them Ki-Ki-Ongas. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. +100 for knowing your history. -5 on spelling. :) “I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs
Close enough for rock-n-roll... Ashamed to waste that Auto Mag and the whale tail Porsche... Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. Those Northern Indiana Indians were Miami tribe.
Thanks for the refresher, I knew Cherokee was wrong, but I thought they were out west for some reason. Sent a text pic. I knew I saw that logo on something else other than a cop's badge. I don't know how to go from phone to interwebs. I'm lucky to work the phone without the squirt here. Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. We used to have a lot of Cherokees around here, but in 1838 the US Army drove them out and marched them (those who survived) to what is now Oklahoma. Some evaded capture; they're mostly in North Carolina now.
Neighborhood is considerably worse.
I suppose you could buy a house these days for 2.5 annual salary, depending on where you live, but it would be difficult.
Or you could buy a property that should've been condemned for four times the price it's worth and keep dumping money into it until you go broke. I'm trying to help a buddy out that's about a hundred grand under water on a fifty grand project. When do you get a gambler to stop? I suppose if he lives to be four thousand year old, he'll make out. Why do you think I have to buy Tums in 5 gallon buckets? Everybody thinks they're gonna get rich doing nothing. Don't work that way. I don't work too much anymore. I never get paid. I do it for fun, so I can say, "I told yo so, dumbass!" Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner. That seems a real stretch. The Gilded Age wealth gap in UK was extreme as so often in British history.
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
America had lots of open real estate back in 1912. US population was 92 million. We have 241 million more people today. That is one reason why land and homes were cheaper. The other was that there was no federal income tax, no Social Security tax, no state income tax and not a lot of bureaucrats getting in your way.
The Truth of 911 Shall Set You Free From The Lie
All true and interesting, but I'm afraid you'd have a hard time convincing the peasants of Dickens' time of your thesis ;)
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
Big amen.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Thanks. I idly imagine a day when real estate prices take a serious plunge because of falling population, some real plague or whatever. Preferably not the great final crash! Will there be any hint of this in NY, CA etc as their citizens keep leaving in droves?
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
Absolutely correct, real estate prices are strictly determined by supply vs. demand. I'm now in the process of cashing-in my real estate chips.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Because they're way up high now -- or on the edge of a precipice? ;)
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
Sky high and climbing.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Dickens was living in an over crowded nation with a Jewish government. In 1912 we had fewer than 100 million people. We did not have to import natural resources. Wages in the US were a third higher than Europe. But land was still cheap. And we had no FED and no taxes.
The Truth of 911 Shall Set You Free From The Lie
en.wikipedia.org/wiki/The_ Jungle
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
We still have all the natural resources needed here. It's fedgov rules, regulations, and policies that are holding US back today.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
https://modernfarmer.com/2022/01/usda-catfish-inspection-rule/ “ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Fed rules and regulations are holding us back. But there was no FED and no IRS in 1912. And we did not have to import raw materials then. Today we have 240 million more people who bid up the price of land making affordable housing impossible. We did not start importing raw materials until our population went past 150 million in 1950.
The Truth of 911 Shall Set You Free From The Lie
Awful. And the damned things eat blue crab? Thanks for nothing all over again, Uncle Sugar!
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
Love us some catfish out here, slathered with some zippy red cocktail sauce. Nothing much better.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
I'm sure it is -- I try to follow the Bibble's dietary laws so won't be enjoying any.
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
With the abundance of catfish, talapia, and mullet in the Jordan River and the Sea of Galilee, I'm guessing that all the locals have enjoyed catfish from day one, including the scribes and pharisees and all the other Talmud contributors.
“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken
Seriously doubt that even though (as a rabbi I once worked under used to say) today's jews are the biggest gobblers of shrimp lo mein et al.
_____________________________________________________________ USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um
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#2. To: StraitGate (#1)
#3. To: StraitGate (#1)
#4. To: Dakmar (#2)
#5. To: Lod (#4)
#6. To: Lod, 4um (#4)
(Edited)
Agree, my gut calls BOGUS on this article.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#7. To: StraitGate (#1)
#8. To: Ada (#7)
#9. To: Ada (#7)
#10. To: Esso (#6)
I don't even know what a 'gilded age peasant' is.
#11. To: Pinguinite, Esso (#10)
That's because you are a lifetime privileged aristocrat! And probably a racist one at that!
#12. To: Pinguinite, 4um (#10)
(Edited)
That's because you are a lifetime privileged aristocrat!
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#13. To: Dakmar, 4um (#11)
Word is that Esso was one of the original colonial settlers of Fort Wayne.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#14. To: Esso (#13)
Kekionga
#15. To: Dakmar (#14)
(Edited)
-5 on spelling.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#16. To: Dakmar (#14)
#17. To: StraitGate, 4um (#16)
Those Northern Indiana Indians were Miami tribe.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#18. To: Esso (#17)
#19. To: StraitGate (#9)
Do you know if the house is still standing, and what it's worth today?
#20. To: Dakmar (#8)
#21. To: Ada, 4um (#20)
I suppose you could buy a house these days for 2.5 annual salary, depending on where you live, but it would be difficult.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)
#22. To: Horse (#0)
#23. To: NeoconsNailed, Esso (#22)
#24. To: Horse (#23)
#25. To: NeoconsNailed (#24)
#26. To: Lod (#25)
#27. To: NeoconsNailed (#26)
#28. To: Lod (#27)
#29. To: NeoconsNailed (#28)
#30. To: NeoconsNailed (#24)
#31. To: Horse (#30)
#32. To: Horse (#30)
#33. To: NeoconsNailed, all (#31)
great example of how fedgov effs things up
#34. To: NeoconsNailed, all (#31)
great example of how fedgov effs things up
#35. To: Lod (#32)
#36. To: Lod (#34)
#37. To: NeoconsNailed (#36)
#38. To: Lod (#37)
#39. To: NeoconsNailed (#38)
#40. To: Lod (#39)
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