Then and Now

[CSR4C]

1956
New B Stock motors available Mercury 20H & Champion Hot Rod price in the $400 range.
New D Stock Motor available Mercury 55H price in the $600 range

My uncle worked at a plywood mill for $2.00 per hour.
My dad, besides farming built houses along with his brother for $3.00 per hour.
Min. wage was $1.25 per hour.
My parents bought a new Buick for $3000, you could buy a stripped down Chevy for $2000, a VW for about $1500.

2009
New B Stock motor available Sidewinder price $4600
New D Stock motor available Tohatsu price $6500
Buicks are about $30,000
Compact cars about $20,000
Sub compacts about $15,000
I don't know what wages are now, since I haven't had a real job in so long that I never made over $10 per hour working for someone else.

Darrell

[Tomtall]

Then and Now

The complete average wage indexing series is shown below.

National average wage indexing series, 1951-2008
Year Index
1951 2,799.16
1952 2,973.32
1953 3,139.44
1954 3,155.64
1955 3,301.44
1956 3,532.36
1957 3,641.72
1958 3,673.80
1959 3,855.80
1960 4,007.12
1961 4,086.76
1962 4,291.40
1963 4,396.64
1964 4,576.32
1965 4,658.72
1966 4,938.36
1967 5,213.44
1968 5,571.76
1969 5,893.76
1970 6,186.24

Year Index
1971 6,497.08
1972 7,133.80
1973 7,580.16
1974 8,030.76
1975 8,630.92
1976 9,226.48
1977 9,779.44
1978 10,556.03
1979 11,479.46
1980 12,513.46
1981 13,773.10
1982 14,531.34
1983 15,239.24
1984 16,135.07
1985 16,822.51
1986 17,321.82
1987 18,426.51
1988 19,334.04
1989 20,099.55
1990 21,027.98

Year Index
1991 21,811.60
1992 22,935.42
1993 23,132.67
1994 23,753.53
1995 24,705.66
1996 25,913.90
1997 27,426.00
1998 28,861.44
1999 30,469.84
2000 32,154.82
2001 32,921.92
2002 33,252.09
2003 34,064.95
2004 35,648.55
2005 36,952.94
2006 38,651.41
2007 40,405.48
2008 41,334.97

[sws115]

tom is that the national average for the US

[ZUL8TR]

Then and now

From Dec 1955 to Nov 2009 the total inflation is about 706% national average. So a 3000 car would be about 21000. And the dollor is still the same size and the day still has 24 hours?

[Tomtall]

No

That's the average the U.S. index for calculating your social security income. The Goverment says that's what it should be calculated on. Read about it at
http://www.ssa.gov/OACT/COLA/AWI.html

Now the real average U.S. income for a married household (which is the minority nowadays) is below. I wonder if the politicians use the same index for calculating their retirment income?

http://www.census.gov/hhes/www/incom...inc/f07ar.html

Table F-7 Type of Family, All Races
by Median and Mean Income: 1947 to 2006

(Families as of March of the following year. Income in current
and 2006 CPI-U-RS adjusted dollars 28/)
__________________________________________________ _________________
Median income Mean income
Type of ____________________ ____________________
family Number Current 2006 Current 2006
and year (thous.) dollars dollars dollars dollars
__________________________________________________ _________________
ALL FAMILIES
2006 78,454 $58,407 $58,407 $77,315 $77,315
2005 77,418 56,194 58,036 73,304 75,707
2004 35/ 76,866 54,061 57,705 70,389 75,134
2003 76,232 52,680 57,751 68,563 75,163
2002 75,616 51,680 57,920 66,970 75,056
2001 74,340 51,407 58,545 66,863 76,147
2000 30/ 73,778 50,732 59,398 65,773 77,008
1999 29/ 73,206 48,831 59,088 62,567 75,709
1998 71,551 46,737 57,734 59,589 73,610
1997 70,884 44,568 55,823 56,902 71,272
1996 70,241 42,300 54,127 53,676 68,684
1995 25/ 69,597 40,611 53,349 51,353 67,461
1994 24/ 69,313 38,782 52,173 49,340 66,377
1993 23/ 68,506 36,959 50,782 47,221 64,882
1992 22/ 68,216 36,573 51,494 44,221 62,263
1991 67,173 35,939 51,885 43,237 62,421
1990 66,322 35,353 52,869 42,652 63,784
1989 66,090 34,213 53,714 41,506 65,164
1988 65,837 32,191 52,720 38,608 63,229
1987 21/ 65,204 30,970 52,582 36,884 62,622
1986 64,491 29,458 51,704 34,924 61,298
1985 20/ 63,558 27,735 49,561 32,944 58,870
1984 19/ 62,706 26,433 48,857 31,052 57,394
1983 61,997 24,580 47,291 28,638 55,099
1982 61,393 23,433 47,009 27,391 54,949
1981 61,019 22,388 47,623 25,838 54,961
1980 60,309 21,023 48,976 23,974 55,851
1979 18/ 59,550 19,587 50,697 22,316 57,760
1978 57,804 17,640 50,031 20,091 56,982
1977 57,215 16,009 47,403 18,264 54,080
1976 17/ 56,710 14,958 47,118 16,870 53,141
1975 16/ 56,245 13,719 45,694 15,546 51,779
1974 16/ 55,698 12,902 46,532 14,711 53,056
1973 55,053 12,051 47,768 13,622 53,996
1972 14/ 54,373 11,116 46,820 12,625 53,176
1971 13/ 53,296 10,285 44,654 11,583 50,289
1970 52,227 9,867 44,741 11,106 50,360
1969 51,586 9,433 44,833 10,577 50,270
1968 50,823 8,632 42,813 9,670 47,961
1967 12/ 50,111 7,933 40,923 8,801 45,400
1966 11/ 49,214 7,532 40,040 8,395 44,628
1965 10/ 48,509 6,957 38,007 7,704 42,088
1964 47,956 6,569 36,493 7,336 40,754
1963 47,540 6,249 35,177 6,998 39,394
1962 9/ 47,059 5,956 33,980 6,670 38,054
1961 8/ 46,418 5,735 33,038 6,471 37,277
1960 45,539 5,620 32,693 6,227 36,224
1959 45,111 5,417 32,079 5,976 35,390
1958 44,232 5,087 30,307 5,565 33,155
1957 43,696 4,966 30,444 5,443 33,368
1956 43,497 4,780 30,243 5,341 33,792
1955 42,889 4,418 28,377 4,962 31,871
1954 41,951 4,167 26,649 4,684 29,955
1953 41,202 4,242 27,365 4,706 30,358
1952 7/ 40,832 3,890 25,259 4,457 28,941
1951 40,578 3,709 24,569 4,194 27,782
1950 39,929 3,319 23,738 3,815 27,286
1949 6/ 39,303 3,107 22,493 3,569 25,838
1948 38,624 3,187 22,794 3,671 26,256
1947 5/ 37,237 3,031 23,433 3,546 27,414

[Islandmon]

Leave it to Tom to pull the stats out of the wood work , I'm going to start calling you Merlin. Interesting topic Darrell............Hmmm 1956 I just started walking. My Mom tells me my favorite toy was a boat, go figure .

Sam,

[Kev43V]

So it seems to me those that say the new motors are priced too high, are living in the past. Where can i get a ticket to the past. LOL

[Big Don]

I don’t know ifanyone was saying with inflation the sidewinders are not priced in the correct neighborhood. If your using that as a basis for pricing.
And if that is the fact the Yamato’s are a steal.

I think what they are saying is Stock Outboarders are not ones to spend a lot of money on engines upfront. They liked the fact that you could buy a Yamato for around 2000.00 and go racing then the next year send it out for a few hundred dollars and be competitive.

[sws115]

seems some one could just make sure the last two years before retirment if they knocked down the most money of there carrer it would pad there monthly payment,s
lol
if social securty will still be around by the time most of us reach 65 anyways

[Dave M]

Jobs

Remember, those wages are for those employed in a professional career, not a job. Or do they factor in the construction workers, marine mechanics, Carpet installers, store clerks, etc ?

Also, anyone notice where the majority of boat racers fall on the riding scale of wages ? With everything else costing much more, wages have not followed suite with inflation. And there is not one govt. stat you can use to convince me of that. Afterall, do you trust the govt. with your money ? If so, why not flat tax at 70% of wage, or 60% like european countries do.

[PopPop]

Taxes in Europe

Remember, those wages are for those employed in a professional career, not a job. Or do they factor in the construction workers, marine mechanics, Carpet installers, store clerks, etc ?

Also, anyone notice where the majority of boat racers fall on the riding scale of wages ? With everything else costing much more, wages have not followed suite with inflation. And there is not one govt. stat you can use to convince me of that. Afterall, do you trust the govt. with your money ? If so, why not flat tax at 70% of wage, or 60% like european countries do.

The platform of Germany's CDU, calls for cutting the top personal income tax rate from 42% to 39% and eliminating tax shelters. France's center-right government says that it plans to reduce the number of tax brackets from seven to five, lower the top marginal rate from 48.1% to 40%, and limit individual deductions. By yearend, Spanish Finance Minister Pedro Solbes is expected to propose cutting the top personal income tax rate, now 45%, and reducing the number of tax brackets, now five. Greece, after cutting the country's corporate tax rate, now is looking at reducing and simplifying personal income taxes as well.

[17W]

My Perspective....

Late 70s & 80s- Dad paid the bills for racing....

Current Times- I am on my own!

[ZUL8TR]

Taxes in Europe

The platform of Germany's CDU, calls for cutting the top personal income tax rate from 42% to 39% and eliminating tax shelters. France's center-right government says that it plans to reduce the number of tax brackets from seven to five, lower the top marginal rate from 48.1% to 40%, and limit individual deductions. By yearend, Spanish Finance Minister Pedro Solbes is expected to propose cutting the top personal income tax rate, now 45%, and reducing the number of tax brackets, now five. Greece, after cutting the country's corporate tax rate, now is looking at reducing and simplifying personal income taxes as well.

The US Congress and President need to realize the impact of this on the US economy before it is to late as the increase in US corporations moving their corporate headquarters overseas is already underway and will increase. Astute business operators naturally go where the costs are less for increased profit and profit margin

[pav225]

Late 70s & 80s- Dad paid the bills for racing....

Current Times- I am on my own!

I'll let you borrow a CSH ride for free :-) ......just don't crash it!

- Mike

[17W]

I'll let you borrow a CSH ride for free :-) ......just don't crash it!

- Mike

Do I get to select which Boat, motor & prop I run?