The great year of 1970
 

1970 Economy / Prices
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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

I was 4.....don't remember nothing!!!

Oh boy.....what a wonderful year for me!

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.

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...

The US military only paid $2,400 dollors for a single enlisted man that year. :faint:

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
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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