1960 vs 2017

Yeah. In 1960 the median family income was $6,691 and the median new house price was $58,600.

A new house cost 8.75x the median annual income in 1960.

https://www.census.gov/hhes/www/housing/census/historic/values.html

https://www.bls.gov/opub/uscs/1960-61.pdf

In 2015 the median household income was $56,616 and the median new house price was around around $300,000.

A new house cost about 5.29x the median annual income in 2015.

Literally everything about today is better than it was in 1960. Even the murder rate is 0.1% lower. Taxes are lower, the price of everything (especially gasoline) is lower.

The only cost that has increased is healthcare and:

From 1960 through 2013, health spending rose from $147 per person to $9,255 per person, an average annual increase of 8.1 percent. In comparison, per capita adjusted personal income was $2,267 in 1960, and in 2013 it reached $42,266, reflecting an average annual growth rate of 5.7 percent.16 As overall health spending increased at a faster rate than personal income, household expenditures on health as a share of adjusted personal income grew from 4 percent in 1960 to 6 percent in 2013.17

Note: the percentages are lower than the cost divided by income because employers today, just like in 1960 pay most of the cost of healthcare. And more people are insured today than in 1960. Medicare and Medicaid were created in the 1960s because poor people and the elderly were dropping dead on the streets because they couldn't afford to go to the doctor.

https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/Downloads/HistoricalNHEPaper.pdf

People who think the 60s were a golden age make me sick.

Where do they get that shit from, Happy Days reruns?

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