Even with inflation in 1970. It only took 1 worker

Discussion in 'Economics' started by KINGOFSHORTS, Feb 25, 2009.

  1. Yes they are self made, but then again so were slave owners. Maybe that’s a bad example, but what I mean is I want to be self made, but also bring value to what I do. Gates might bring a little value, but we don’t know how much because nobody has really dared to compete with him. I heard he’s building a roller coaster, it’s called, The Blue Screen of Death!
     
    #91     Feb 26, 2009
  2. Here you go again. People want to talk about the problems we face and you just ignore everything and say we complain too much. No doubt 250 years ago you would have been the one telling Jefferson and Adams to quit complaining about King George. "Pay those taxes" you would have said. "Let British soldiers terrorize your towns." Like I said, we’ve become a screw or be screwed economy and your solution to the screwed is to become the screwer.
     
    #92     Feb 26, 2009
  3. [​IMG]

    Trader666 is wrong look how worker production increases with pats on back
     
    #93     Feb 26, 2009
  4. These numbers seem to be very high. I remember in the early 90s, a software programmer for someone with a Ph.D. from UC Berkeley would be only 50K. So $37/hour for a cashier was probably because of the union.
     
    #94     Feb 26, 2009
  5. Pity parties and throwing fits may have worked for you when you were a child but they're counterproductive for adults.

    The sooner you realize YOU are the main determinant of what you achieve, the sooner you can achieve it and stop blaming everything and everyone else.
     
    #95     Feb 26, 2009
  6. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2323414>
     
    #96     Feb 26, 2009
  7. No, it’s $12 in 1975. $37 is indexed to inflation.
     
    #97     Feb 26, 2009
  8. We’re all anxiously waiting for your solutions. Oh wait. You don’t have any. It’s the typical, work harder for the same thing or less. Either that or become the guy screwing everybody.
     
    #98     Feb 26, 2009
  9. Find and implement your own solutions like I and everyone else did/does. Stop expecting everyone to do everything for you. You're not a child anymore. You're only entitled to what you earn.

     
    #99     Feb 26, 2009
  10. Guys I guess the answer to this lies in the real vs. claimed inflation, which has affected the costs disproportionately over the last 40 years.

    Housing has gone up a lot; some other costs have as well. Cost of technology/etc. is actually down when looking at the value it provides and the quality of living increase.

    But the traditionally-affordable things (homes, cars, etc.) I think have gone up way beyond the posted inflation.
     
    #100     Feb 26, 2009