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TopicWoman with $20 of grocery going to her $25000 house in 1980
Justin2Krelian
04/20/24 12:40:25 PM
#36:


WingsOfGood posted...
$20 in 1980 = $79.99 in 2024
https://www.amortization.org/inflation/amount.php?amount=20

Milk in 1980 from google
A half-gallon of milk cost $1.09 circa 1985, according to the U.S. Bureau of Labor Statistics.

https://www.thepeoplehistory.com/80sfood.html

If you're talking about inflation, I'm not sure that argument really works against Reagan. Inflation went way down when he was in office and stayed pretty good until recently.

Granted, that was possibly because of Paul Volker, who was appointed by Carter...

Also, there were still problems in the 70s, even if Reaganomics made things worse. From what I've heard, the late 40s-60s were the more prosperous period.

---
-J2K
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