In 1970, $1.00 from 2008 is worth:
$0.18 using the Consumer Price Index
$0.22 using the GDP deflator using the value of consumer bundle
$0.18 using the unskilled wage
$0.11 using the nominal GDP per capita
$0.07 using the relative share of GDP
In 1980, $1.00 from 2008 is worth:
$0.38 using the Consumer Price Index
$0.44 using the GDP deflator
using the value of consumer bundle
$0.39 using the unskilled wage
$0.26 using the nominal GDP per capita
$0.20 using the relative share of GDP
In 1990, $1.00 from 2008 is worth:
$0.61 using the Consumer Price Index
$0.67 using the GDP deflator
using the value of consumer bundle
$0.58 using the unskilled wage
$0.50 using the nominal GDP per capita
$0.41 using the relative share of GDP
In 2000, $1.00 from 2008 is worth:
$0.80 using the Consumer Price Index
$0.82 using the GDP deflator
using the value of consumer bundle
$0.79 using the unskilled wage
$0.74 using the nominal GDP per capita
$0.69 using the relative share of GDP
From the web site
www.measuringworth.com...#
Does not look good if you ask me.