Pears - 15 cents per basket is a photograph by Alexandra Till which was uploaded on July 11th, 2013.
Title
Pears - 15 cents per basket
Artist
Alexandra Till
Medium
Photograph - Photographs - Prints - Digital Images - Cards - Posters - Photo-calendars - Photo Art
Description
© Christine Till
People in the 'good old times' must have been living a good life. 70 cents for a gallon of gas, $30,000 for a big house in a nice neighborhood, 50 cents for a pack of cigarettes, $3 for a huge steak, 15 cents for a basket of pears, etc. The dollar went a longer way back then. All it took was cents to pay gas, property tax, bills, you name it.
Sure, people also made less money 'back then', but inflation has been going on for the longest. $1.00 in 1940 had the same buying power as $15.66 in 2011. In the 50's, you could walk into a candy store with a quarter and buy a bunch of candy. As for the inflation rate being negative, that largely applies prior to 1940 or so. The reason for that is fairly simple - the fact that the currency was either intrinsically valuable, or backed by gold, which meant that the money supply was restricted by the availability of the metal itself. Pre-mass industrialisation, production could keep pace with the supply of money. And in the last 10 years, the cost of living has gone up while wages have stagnated.
There was a time when the federal government taxed great wealth, and used the money to invest in cities, building (and subsidizing) housing and infrasructure and funding jobs programs. Much of that is now gone; revenue sharing is a ghost of the past.
But 'back then' there were no mobile phones, no laser surgery, no robots. It was a totally different world. Don't make the mistake of comparing Then to Now. Probably it IS much better now.
Uploaded
July 11th, 2013
More from Alexandra Till
Comments (5)
Nadine and Bob Johnston
.... Like the subject, technique, composition, and color... Today it was Published in the Internet publication ARTISTS NEWS.... Anyone can Just Highlight this link ---- http://bit.ly/RVPlpf - Use Ctl-C to copy and Ctl-V ---- to put it into the Browser Address, to view the publication. You can then, Tweet, FB, and email, etc a copy of the publication, to just anyone you feel would be interested. Happy Promoting! :-)
Nadine and Bob Johnston
Yep the good old days, pairs at $.15 a basket. But during those days, a I dad made $12-$15 a week for 60 hours of work.
Barbara St Jean
Congratulations your great image has been FEATURED in MOUSE! Thanks for your wonderful support and participation. Have a great weekend! Cheers, Barbara
Randy Rosenberger
It is an honor and a privilege as an administrator of one of the top groups on FAA, our Wisconsin Flowers and Scenery group, to promote and highlight your awesome artworks on our homepage in one of the prestigious positions, on our group Featuring HOMEPAGE! Your artworks show your love of what you do, and is refined to where we not only accept and promote your fine works, but welcome that opportunity. It is a pleasure to have you as a member of our family of friends and fine artists in the WFS group. Thanks for sharing! Fave and Vote Forever, Elvis
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