Step into my Wayback Machine - 1956

[Jiminvirginia]

$26.95 in 1956 dollars=$253.47 today. And the tax bite in 1956 was a LOT lower. You got to keep a LOT more of your paycheck.

Thats one reason many people have a tough time making ends meet now. Sure wages went up a lot but the price of many goods went up more. It will boil to a head some day and it could be a real mess.

[blackhawknj]

In 1987 Daniel Patrick Moynihan wrote a book Family and Nation. He noted that in 1953 the first 3/4 of the average income was tax exempt, by 1987 only the first THIRD.

[snakehunter]

very nice sir. I can't stop looking at that ad for colt 1917 45 acp's. for 26.95. it's like internet porn. thanks for posting.

My grandfather had one, which I enjoyed shooting. Unfortunately, when my grandmother died he moved away and took it with him.

[Clark Howard]

I begged my Dad for a Webley Mk VI. I might as well have begged the moon. Regards, Clark

[free1954]

$26.95 in 1956 dollars=$253.47 today. And the tax bite in 1956 was a LOT lower. You got to keep a LOT more of your paycheck.

thank you sir for the economic update. do you know where I can buy any for $253.47?