[AT] OT was runaway cars/now "electronic steering"

[Cecil Bearden]

I just ran out that dollartimes formula for the salary I started working 
for the /State of OK for in 1977.  It was almost exactly what I quit 
working at in 2007 after 30 years and bonuses etc..  However, I was in a 
much higher tax bracket etc..  Therefore, I never advanced, in fact, I 
went backward if not for other side businesses...   For Instance all 
that money I make farming.....

Cecil in OKla

Best, George wrote:
> Richard,
> 
> In your example you say you're getting twice the mileage you got in the 50's.  I only got single digit mileage with my 57' Ford, so I'm getting triple the mileage with the 2006 Mercury Montego I have now.  Also, I'd say gas was more in the 20-30 cent range in the 50's, mostly the low 30's during most of the 60's.
> 
> However, the thing that doesn't make it compute for you is that you're not taking into consideration the change in the value of the dollar over the years.
> 
> www.dollartimes.com website has a calculator for this:
> 
> $0.30 in 1960 had about the same buying power as $2.20 in 2010.
> Annual inflation over this period was about 4.07%.
> 
> Which shows that in real dollars you're spending about the same as you did in the 50-60's, yet your mileage has double or tripled.
> 
> Of course the value of a dollar today also is a personal thing in that it depends on whether your income has kept up with inflation over the years or not.  If you've kept up, then that $2.50 gallon of gas today doesn't really hurt.  If you haven't kept up, then it can seem like a lot especially if your income is stuck back in the 50's or 60's.
> 
> George
> 
> 
> 
> -----Original Message-----
> From: at-bounces at lists.antique-tractor.com [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Richard Fink Sr
> Sent: Tuesday, February 02, 2010 6:33 AM
> To: Antique tractor email discussion group
> Subject: Re: [AT] OT was runaway cars/now "electronic steering"
> 
> Charlie explain that one to me. Back in the 50s gas was 30-50 cents a 
> gallon and we got 15 miles to a gallon. Now it is 2.50 and up and we 
> get 30 miles to a gallon. My brain must be to old this don't compute to better.
> R Fink
> 
> 
> 
> At 08:32 PM 2/1/2010 -0500, you wrote:
>> Ralph,  some of the old power steering didn't have much road feel.   Some of
>> it was power steering and some was power assisted steering with the power
>> assisted having proper road feel.  I have to agree with you about the old
>> Chevy cars and trucks with q-jets, particularly the ones with big block
>> motors.  However I sure like the higher gas mileage we get now.
>>
>> charlie
> 
> 
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