Tuesday, June 22, 2010

The Good Old Days Are Now: Radio Shack Version

In 1964, here's what the average American consumer could afford after working 152 hours (almost a full month) at the average hourly wage then of $2.50: a "moderately priced, excellent stereo system" from Radio Shack on sale for $379.95. 


In contrast, the typical consumer today working 152 hours at the current average hourly wage of $19 could afford this "cornucopia" of electronic goods:


Read more here at the Enterprise blog.

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