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In current dollars that would be about $4,400, meaning that southerners then were about as rich as the people of Botswana are today.
In current dollars that would see those on minimum wage taking a 19% pay cut and earn $132 a week less.
(That's about $750 million in current dollars).
Also, the trade deficit is a record in current dollars.
That's a modest proposal; in 1968, the minimum wage, in current dollars, was $10.95.
These figures, too, are in current dollars, not adjusted for inflation.
Measured in current dollars, it gives a better link to taxation revenue than real GDP.
Similar(4)
But lower oil prices pushed per capita income down from $28,600 in current dollars in 1981 to $7,230 in 2000.
With so few other choices, their wages were lousy ($139 in current dollars for a six-day week in 1935) and their white bosses could treat them abysmally.
A Model T Ford typically sold for $550 at the time, about $11,500 in current dollars.
In 1980, the top marginal rate was 70 percent for families making more than $215,400 — about $587,000 in current dollars.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com