I continue to be amazed at the "Dollars & Cents". I wonder, are we better off today? Everything just keeps going up, and I wonder where does it end? A hundred years from now, will the average annual income be a couple of million dollars? But the prices will go up as well, so all things really stay the same. Right?
George Schire
Oakdale, Minnesota
I really enjoy your posts of other years, George, usually to demean the manufacturers of 1/43 models for not giving us 1920 Twin Sixes and Bearcats. But tonight I checked out a few figures just to see:
1921-22 U.S. annual income- $51,480
1921-22 new house- $453,700
1921-22 new car (non-luxury)- 43,072
1922- first class stamp- 58 cents & up
Without commenting on the features, comforts, dependability, and longevity of houses and cars, how are we doing over that hundred years? I'm too sleepy to do the math.
But when we add in "years of life expectancy," I'm not about to go back that century!
David H
