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The great year of 1970
1970 Economy / Prices
-------------------------------------------------------------------------------- Economy President: Richard M. Nixon Vice President: Spiro T. Agnew Population: 205,052,174 Life expectancy: 70.8 years Dow-Jones High: 842 Low: 669 Federal spending: $195.65 billion Federal debt: $380.9 billion Inflation: 6.5% Consumer Price Index: 38.8 Unemployment: 3.5% Prices Cost of a new home: $26,600.00 Cost of a new car: $ Median Household Income: $8,734.00 Cost of a first-class stamp: $0.06 Cost of a gallon of regular gas: $0.36 Cost of a dozen eggs: $0.62 Cost of a gallon of Milk: 1.15 |
I was born in the last week of '73 so I missed those good times. PF would celebrate 1970 for its lack of me. :D
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I was 4.....don't remember nothing!!!
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Oh boy.....what a wonderful year for me!
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That was a good year for me in many ways. I guess the best was I met a lady that would be my mistress for the next 10 years.
:jump: |
AAAAAAHHHHHHH Yes, The year I lost my virginity.
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Sadly, I think my household income for 2004 was about the same as the median for 1970...I also remember 1970 as the year of the Kent State shootings & CSNY's response to it, "Ohio"...there was a pic on the cover of Newsweek showing a teen girl kneeling & screaming over the body of one of the victims...turned out that girl was a runaway & not nearly old enough to be a student, she was the same age as I was...
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The US military only paid $2,400 dollors for a single enlisted man that year. :faint:
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Me too!!! |
look to see the big jump in gas prices between 1960 to 1970
a whole 5 cents in ten years 1960 Economy / Prices -------------------------------------------------------------------------------- Economy President: Dwight D. Eisenhower Vice President: Richard M. Nixon Population: 180,671,158 Life expectancy: 69.7 years Dow-Jones High: 685 Low: 566 Federal spending: $92.19 billion Federal debt: $290.5 billion Inflation: 1.4% Consumer Price Index: 29.6 Unemployment: 5.5% Prices Cost of a new home: $16,500.00 Cost of a new car: $ Cost of a first-class stamp: $0.04 Cost of a gallon of regular gas: $0.31 Cost of a dozen eggs: $0.57 Cost of a gallon of Milk: $0.49 |
The summer of 1970 I was 16 a fun time
I remember gas at 22cents a gal. in Okla. cigarettes at .25 cents a pack for Old Gold brand a quart of Falstaff beer about .85 cents I was making about $1.25 an hour framing houses |
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