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Comments made in the year 1955!!

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(@noodles)
Posts: 5912
Topic starter
 

Got this in email today and got a kick out of it! Thought I would share it with you fine fellows. 🙂

1955 FORD THUNDERBIRD and The Conversations That Went With It!

Comments made in the year 1955!
(That's 55 years ago!)

'I'll tell you one thing, if things keep going the way
they are, it's going to be impossible to buy a week's groceries for $20.00.

'Have you seen the new cars coming out next year?
It won't be long before $2,000.00 will only buy a used one.

'If cigarettes keep going up in price, I'm going to quit.
A quarter a pack is ridiculous.

'Did you hear the post office is thinking about
charging a dime just to mail a letter?

'If they raise the minimum wage to $1.00,
Nobody will be able to hire outside help at the store. '

'When I first started driving,
Who would have thought gas would someday cost 29 cents a gallon...
Guess we'd be better off leaving the car in the garage.

'I'm afraid to send my kids to the movies any more..
Ever since they let Clark Gable get by with saying
DAMN in GONE WITH THE WIND, it seems every new movie has either HELL or DAMN in it.

'I read the other day where some scientist thinks
it's possible to put a man on the moon by the end of the century.
They even have some fellows they call astronauts preparing for it down in Texas.

'Did you see where some baseball player just signed a
contract for $75,000 a year just to play ball?
It wouldn't surprise me if someday they'll be making more than the President.

'I never thought I'd see the day all our kitchen appliances would be electric.
They are even making electric typewriters now.

'It's too bad things are so tough nowadays..
I see where a few married women are having to work to make ends meet.

'It won't be long before young couples are going to
have to hire someone to watch their kids so they can both work.

'I'm afraid the Volkswagen car is going to open the
door to a whole lot of foreign business.

'Thank goodness I won't live to see the day when the
Government takes half our income in taxes.
I sometimes wonder if we are electing the best people to congress.

'The drive-in restaurant is convenient in nice weather,
But I seriously doubt they will ever catch on.

'There is no sense going to Lincoln
or Omaha anymore for a weekend,
It costs nearly $15.00 a night to stay in a hotel.

'No one can afford to be sick anymore,
At $35.00 a day in the hospital it's too rich for my blood.'

'If they think I'll pay 50 cents for a hair cut, forget it.'

 
Posted : January 19, 2011 12:32 am
(@perry-williams)
Posts: 2187
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that's a little before my time, but I still remember gas at 27 cents per gallon.

I do remember Ken Olson. president and founder of Digital Equipment Corporation

from 1977: There is no reason for any individual to have a computer in his home.

 
Posted : January 19, 2011 4:21 am
(@jim-in-az)
Posts: 3361
Registered
 

I had a client who was a running back with the Packers in the 1960's. Sonny Juergenson handed him the ball frequently. He told me that he made $12K/yr and Sonny made $18K/yr! Ahh - the good old days. Tickets were probably $5...

 
Posted : January 19, 2011 1:11 pm
(@adamsurveyor)
Posts: 1487
 

> Got this in email today and got a kick out of it! Thought I would share it with you fine fellows. 🙂
>
> 1955 FORD THUNDERBIRD and The Conversations That Went With It!

>
> Comments made in the year 1955!
> (That's 55 years ago!)
>

> 'Thank goodness I won't live to see the day when the
> Government takes half our income in taxes.
> I sometimes wonder if we are electing the best people to congress.
>

Well, it could have been said by some guy making $5,000 per year. But the top marginal tax rate for someone making over $300,000 was 91% in 1955.

("top marginal" means that they would pay 91% only on the money they made over $300,000. They paid 20% on the first $2,000 of income; 21 percent on the next $2,000 in income; 24 percent on the next $2,000 and graduated on up to the highest rate. On average, a person making, say, $500,000 would not pay 91% on all of their income, but they would probably be paying substantially more than 50%.)

A similar concept was being proposed for raising the taxes "on the rich" where they would pay a higher tax rate only on the money over $250,000. They would still be paying the lower rate on everything up to $250,000. I think this doesn't really get addressed by some.

 
Posted : January 19, 2011 3:24 pm
(@noodles)
Posts: 5912
Topic starter
 

> A similar concept was being proposed for raising the taxes "on the rich" where they would pay a higher tax rate only on the money over $250,000. They would still be paying the lower rate on everything up to $250,000. I think this doesn't really get addressed by some.

Good point, Adam. 🙂

 
Posted : January 20, 2011 3:04 am