Tuesday, December 23, 2014

Just for grins................................

......................check out what you could buy today for the (inflation adjusted) price of a Sear's Silvertone Entertainment Center (a color TV) in 1964.  Pictures, prices and details here.  Wee excerpt here:

As much as we might complain about a slow economic recovery, the decline of the middle class, stagnant median household income, rising income inequality and a dysfunctional Congress, we have a lot to be thankful for, and we’ve made a lot of economic progress in the last 50 years as the example above illustrates, thanks to the “magic and miracle of the marketplace.”

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