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What is important is to look at income in relation to the cost of living. A new home was about twice the annual average income. Today, with the median household income being $50,000 and your typical new home costing $298,000 we are definitely on the more expensive side (6 times annual income versus 2 back in 1938). Look at the new car costs. A new car cost about $860 or half of annual income. Today, a regular car can cost $32,000 and most will need to finance it. Tuition to Harvard was $420 per year and today Harvard tuition is nearly $62,000 with room and board:
originally posted by: onequestion
So what do you think? Does that help you get a better perspective on what Bernie has been talking about?
The NRA was famous for its bureaucracy. Journalist Raymond Clapper reported that between 4,000 and 5,000 business practices were prohibited by NRA orders that carried the force of law, which were contained in some 3,000 administrative orders running to over 10 million pages, and supplemented by what Clapper said were "innumerable opinions and directions from national, regional and code boards interpreting and enforcing provisions of the act." There were also "the rules of the code authorities, themselves, each having the force of law and affecting the lives and conduct of millions of persons." Clapper concluded: "It requires no imagination to appreciate the difficulty the business man has in keeping informed of these codes, supplemental codes, code amendments, executive orders, administrative orders, office orders, interpretations, rules, regulations and obiter dicta."[19]
en.wikipedia.org...
Maged had been pressing pants for twenty-two years and his low prices and quality work had kept him competitive with larger tailor shops in the better parts of town. The NRA Cleaners and Dyers Code demanded that 40 cents be charged to press a suit. Maged, despite repeated warnings, insisted on charging his customers only 35 cents. “You can’t tell me how to run my business,” Maged insisted. When threatened with jail, he said, “If you can send me to jail, go ahead.” Not only was Maged thrown in jail, he was also slapped with a hundred-dollar fine. “We think that this is the only way to enforce the NRA,” said Abraham Traube, a director of the NRA code authority for the Cleaners and Dyers Board of Trade. “If we did the same thing in New York City we would soon get the whole industry in line.”14
Murphy, Robert (2009-03-31). The Politically Incorrect Guide to the Great Depression and the New Deal (The Politically Incorrect Guides) (Kindle Locations 2104-2110). Regnery Publishing. Kindle Edition.
originally posted by: onequestion
Came across this on our most beloved social media site. Just kidding... But check it out...
So what do you think? Does that help you get a better perspective on what Bernie has been talking about?
Anyway, cool meme.
originally posted by: onequestion
a reply to: SaturnFX
I was with you until you said wage gap myth.
And you know what I'm afraid of?
Someone stepping into the arena that suddenly takes power and no one saw it coming because America is ready for change...
It's just like pre war Germany and the Weimar Republic.
originally posted by: SaturnFX
Sanders doesn't scare me at all, I actually am leaning towards him over anyone, but I know he will not be effective at all. both D and R will block anything he tries just to make sure nothing is accomplished.