Causality is always inferred, and these charts deal with topics that are not all within my specialties. Still, these charts reflect what was occurring through my entire adult life – I recall turning 21 at the end of 1970, and the legal drinking age dropping to 18 on January 1, 1971. The lower drinking age may have been causal – blaming Nixon for everything may be excessive.
Anyway, these charts, taken from the website, show what happened during my adult life – and will hopefully tease you into checking the websites above.
Productivity more than doubled, wages increased by 15%.
We became a nation of working parents.
I remember some of these prices. On the farm there was the cream check, and we got 50 cents for a dozen eggs.
Well, tomato soup is probably as good an indicator of inflation as 22 ammunition.