The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011...

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nominal average wage for non-supervisory rs in the U.S. in 1975 was $4.87 per hour In 2011 dollars, that’s $20.16 per hour Today’s nominal average wage for non-supervisory workers in the U.S is $19.00 per hour

Transcript of The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011...

Page 1: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

The nominal average wage for non-supervisoryworkers in the U.S. in 1975 was $4.87 per hour

In 2011 dollars, that’s $20.16 per hour

Today’s nominal average wage for non-supervisory

workers in the U.S is $19.00 per hour

Page 2: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

1975(2011 $$s) Today

dozen eggs $3.19.16 hrs

$1.580.8 hrs

$6.500.32 hrs

gallon whole milk $3.620.19 hrs

pound ofground beef

$3.38 [1978]0.20 hrs

$2.770.15 hrs

Page 3: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

1975(2011 $$s)

Today

wholechicken/lb

$3.35 [1978]0.18 hrs

$1.310.07 hrs

butter/lb $4.54 [1978]0.24 hrs

$3.610.19 hrs

large tomatoes/l

b

$1.920.10 hrs

$1.67 [1978]0.10 hrs

7.5 ozs.toothpaste

$4.42 [1970]0.17 hrs

$2.190.12

Page 4: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.
Page 5: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$151.03

7.5 hrs

Page 6: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$23.69

12-cup

1.2 hrs

Page 7: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$3,103.97

154 hrs

Page 8: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$239.00

32” HD LCD 720p

12.6 hrs

Page 9: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$1,220.79

61.6 hrs

Page 10: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

21.6” LCD HD 720p

$1497.8

Page 11: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$405.41

$322.6316 hrs

20.1 hrs

Page 12: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$109

13” LCD HD 720p

5.7 hrs

Page 13: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$246.27

12.2 hrs

Page 14: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

available at Amazon.com

$11.00

0.58 hrs

or, 35 mins

Page 15: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$246.27

12.2 hrs

Page 16: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

iPod Nano16GB

$179

9.4 hrs(8 GG costs

7.8 hrs)

Page 17: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

The least-pricey turntable:$163.45

8.1 hrs

Page 18: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Sony 5-disc CD player

$115.446.1 hrs

Page 19: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$1,054.73

57.3 hrs

Page 20: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$999

52.6 hrs

MacBookAir

Page 21: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$1,436.22

71.3 hrs

Page 22: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

4.8 hrs

$92.00

12.0 mp

Page 23: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$815.37

40.5 hrs

But you today can’tbuy a soundless video

camera, so.....

Page 24: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Projector$1,233.20

61.2 hrs

Sound camera&

Projector(& screen)$2,069.44102.7 hrs

Page 25: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$42.902.3

Page 26: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

forJordan

Weingarten

Page 27: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

least-pricey one:$411.8320.4 hrs

Page 28: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$17.530.92 hrs

least-pricey one at Amazon.com

(It’s an Emerson)

Page 29: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$860.7042.7 hrs

Page 30: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

=

$20710.9 hrs

available fromBusinessSupply.com

Page 31: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$168.66

8.4 hrs

Page 32: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Bridgestone Potenza165/13

$68.70

3.6 hrs

Page 33: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$786.19

38.4 hrs

40,000 BTU, 2 burner

Page 34: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

40,000 BTU, 2-burner gas

$1186.2

Page 35: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

62,000 BTU 5-burner gas

$24913.1

Page 36: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$1,820.93

90.3 hrs

0.9 cu. ft., 600 watts

Page 37: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

0.9 cu ft., 900 watts

$583.1 hrs

Page 38: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$910.36

$786.19

45.2 hrs

39 hrs

0.6 cu. ft., 400 watts

Page 39: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

0.7 cu. ft., 700 watts

Wal-Mart’s lowest-priced

$452.4 hrs

Page 40: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$1,241.48

61.6 hrs

Page 41: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Wal-Mart’s most expensive;high-capacity washer

$747.1139.3

Page 42: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$827.5841.1 hrs

Page 43: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Home Depot’s least-pricey

standard-sized washer (Admiral)

$34918.4 hrs

Page 44: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$2,814.28Sears*Best

139.6 hrs

22.1 cu. ft.

Page 45: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

21.9 cu. ft., G.E.

$1,124.10

at Home Depot

59.2 hrs

Page 46: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

25.2 cu. ft., Maytag

at Home Depot

$717.3037.8 hrs

Home Depot’s least-pricey model

Page 47: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

25.5 cu ft., GE ProfileHome Depot’s most

pricey model

$3,149.10165.7 hrs

Page 48: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$765.50

38 hrs

5.78 cu. ft.

6.6 hrs per cubic foot

Page 49: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

5.1 cu. ft., Magic Chef compact refrigerator

$29915.7 hrs

3.08 hrs per cubic foot

Page 50: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$661.82

32.9 hrs

10’ x 14’

Page 51: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

sleeps 9 adults

$97

5.1 hrs

10’ x 18’

Page 52: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$140.687 hrs

Page 53: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$49.99

2.6 hrs

Page 54: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$2,069.27

102.7 hrs

Page 55: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

GE 30” electric range with oven

$698

at Home Depot

36.7 hrs

Page 56: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$682.7233.9 hrs

Page 57: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Eureka

$65.99

3.5 hrs

Page 58: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$289.5214.4 hrs

Page 59: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$21.88

1.2 hrs

at Amazon.com

Page 60: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$94.584.7 hrs

Page 61: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$4.50at Amazon.com

0.24 hrsor, 14.4 minutes

Page 62: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$70.32

3.5 hrs

Page 63: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$29.99 at Ikea

1.6 hrs

Page 64: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$972.45

68.8 hrs

Page 65: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$899

Home Depot’s priciest

47.3

Page 66: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

SEARS*BEST$1,407.04

$868.97

70.8 hrs

43.1 hrs

Page 67: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

Standard-size dishwasher; first

to appear on Home Depot’s

webpage

$19910.5 hrs

Page 68: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

GE dishwasherat Home Depot

$26914.2 hrs

Page 69: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$89947.3 hrs

Home Depot’smost-pricey

standarddishwasher (It’s a GE)

Page 70: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$248.30(the bottom

one)

12.3 hrs

Page 71: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$67

3.5 hrs

Page 72: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$41.352.1 hrs

Page 73: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.

$29.991.6 hrs

polyester/rayonat Target

Page 74: The nominal average wage for non-supervisory workers in the U.S. in 1975 was $4.87 per hour In 2011 dollars, thats $20.16 per hour Todays nominal average.