I wouldn't argue the point that a person who spent carefully couldn't live on 23/hour. I'm sure they could... but... you also need to remeber that for many, many years our dollar didn't buy near what yours did. 10-15 years ago there was many a joke about it being the northern peso and a lot of talk about it hitting 50 cents US. Today they're roughly at parity... and the buying power has probably increased a bunch... but nobody will willingly reduce prices or take a pay cut just because the dollar is worth more... so for the most part the real buying power hasn't changed that much for an individual. Probably gone into corporate profits more than anything... we just have larger sums changing hands.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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