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1976 Called. It Can’t Believe What a House Costs Now
- The federal minimum wage in the United States is currently $7.25, which has not kept up with inflation since the 1970s.
- Median household income is higher now than it was 50 years ago after adjusting for inflation.
- A tract home bought in Anaheim in 1975 for about $50,000 has an estimated current value of over $1.3 million, according to Zillow.
- Healthcare costs have nearly doubled after adjusting for inflation since the 1970s.
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InsideNoVA.com+35 Reposted by 35 other sources
1976 Called. It Can’t Believe What a House Costs Now
Happy birthday, America! Honestly, you don’t look a day over 200.I can say that with authority because I was fully sentient in 1976, a high school sophomore with too much hair, working part-time at an ice cream parlor for the…
What America Thought About Itself in 1976
Americans were ready to have fun during the American Bicentennial in 1976. Surprised? You might think it was a country still gloomily obsessed with the Vietnam War and Watergate. Maybe it still kind of was. But Americans also thought better days were ahead. A new Vox piece (“The US is better off than it was in 1976. So why does it feel worse?”) reports on the national mood on July 4 of that year: [When] pollsters asked people how they felt abou…
·Washington, United States
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Total News Sources37
Leaning Left5Leaning Right10Center18Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
15%
C 55%
R 30%
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