You Call This a Good Economy

原创 2004年10月12日 16:19:00

1            You have to have lived in the 1950s and 1960s to have experienced a good economy. In the period between 1950 and 1970 it was the rule—rather than the exception—that an ordinary family, without higher education, could sustain itself decently on the income of a single breadwinner. In 1955, when I was 19 and living in Brooklyn, N. Y., my father, who had a sixth-grade education, maintained our family of five on a wage of $82 a week as a bookbinder. My mother taught us fairness and compassion; my father, discipline and enterprise.

2            The U. S. economy in those years was good. Then where did this good economy go? It was inflated away. The price of gold, which I take as proxy for the prices of all goods, was $35 an ounce in those years. It is at roughly ten times that price today.

3            There is another answer, though: inflation caused the entire work force to be moved into higher tax groups, thus reducing after-tax purchasing power. That is, my father’s bindery job in1954 paid $82 a week, with $80 after deductions; today, at $ 820 per week the net would be $662.

4            To ordinary people, the economy doesn’t look very good at all. After-tax incomes continue to decrease in purchasing power. The jobs offered in the employment ads pay only a little more than the minimum wage, maybe $5 an hour, which, after payroll deductions, yields $4 an hour. Compare that with minimum-wage jobs of the early 1950s, when 75 cents was worth today’s $7.50 before and after taxes.

1.bookbinder (bind装订) 图书装订商
2.decent 合适的,适当的;体面的 本文取后者
3.breadwinner 养家糊口的人
4.Brooklyn 布林克林区(纽约的一个区)
5.payroll 工资本 a list of employees and the wages due to each

[ICLR2016]All You Need is a Good Init

  • u014221266
  • u014221266
  • 2017年09月10日 15:39
  • 319

[深度学习论文笔记][Weight Initialization] All you need is a good init

Mishkin, Dmytro, and Jiri Matas. “All you need is a good init.” arXiv preprint arXiv:1511.06422 (201...
  • Hao_Zhang_Vision
  • Hao_Zhang_Vision
  • 2016年09月22日 09:39
  • 1022

Cambridge IELTS Book1 Practice3 Reading3: a workaholic economy

a workaholic economy 工作狂经济 For the first century or so of the industrial revolution, increased...
  • Titan_koa
  • Titan_koa
  • 2013年12月30日 21:10
  • 2295

【异常处理】Are you missing a call to unregisterReceiver()?

Are you missing a call to unregisterReceiver()?解决方案:出现这个问题是在使用广播的时候,正如错误提示所说,代码中忘记了取消注册广播,因为这是动态广播,所...
  • u013472738
  • u013472738
  • 2017年01月13日 17:11
  • 1599

关于"Are you missing a call to unregisterReceiver()? "错误

  • u012336923
  • u012336923
  • 2014年10月19日 15:42
  • 3262

Are you missing a call to unregisterReceiver()?

  • zhufuing
  • zhufuing
  • 2013年12月03日 00:35
  • 31841

Are you missing a call to unregisterReceiver()? 解决方法

Activity has leaked IntentReceiver android.widget.Te...
  • u012664191
  • u012664191
  • 2014年07月17日 15:33
  • 8532

Glide异常:java.lang.IllegaliArgumentException:You must not call setTag() on a view Glide is targeting

1.异常原因:     1.1Glide加载的iamgeView调用了setTag()方法,因为Glide已经默认为ImageView设置了Tag。 2解决方案: 2.1首先,在\res\valu...
  • MrYanXi
  • MrYanXi
  • 2017年09月21日 15:35
  • 425

Gilde刷新图片闪烁和You must not call setTag() on a view Glide is targeting如何解决

问题一:在使用Glide刷新时图片闪烁 在使用Glide加载图片时图片闪烁,并且会出现图片大小忽大忽小的问题,这是我们应该如何解决? 1.关于忽大忽小:其实很大程度上是由于刷新闪烁问题引起的。...
  • u010899537
  • u010899537
  • 2017年07月05日 11:46
  • 1190

Error “You must not call setTag() on a view Glide is targeting” when use Glide

项目中在使用Glide图片加载框架是遇到如下错误You must not call setTag() on a view Glide is targeting 报错原因大致是因为Glide加载的iam...
  • ltym2014
  • ltym2014
  • 2016年06月01日 20:27
  • 1977
您举报文章:You Call This a Good Economy