Snapshot of the Economy in 1962

 President Kennedy was bullish about the U.S. economy in 1962. “I think,” he said at his press conference last week, “that this economy has more vitality in it than some of its premature mourners.”There had indeed been some mourners. They based their worries mostly on the fact that the nation had suffered some January hiccups…

Read more: http://www.time.com/time/magazine/article/0,9171,940636,00.html#ixzz0e1MtWyVq

* Cost of a first-class stamp: 4 cents

* Cost of a gallon of regular gas: 31 cents

* Cost of a dozen eggs: 54 cents

* Cost of a gallon of Milk: 49 cents

* Population: 186,537,737

* Life expectancy: 70.1 years

* Federal spending:     $106.82 billion

* Federal debt: $290.5 billion

* Inflation: 0.4% 

* Unemployment: 6.7%

Read more:  http://soundtrackofthe60s.com/Time-Capsule.html

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8 Responses to Snapshot of the Economy in 1962

  1. youproblog on 01/23/2010 at 22:16

    Hi, I found your blog on msn. I’m pretty happy to have found your website because I think it is informative! I will definitely come back! Great resource for my students. Youproblog

  2. Forex is my Name on 01/25/2010 at 02:20

    Hello. This is kind of an “unconventional” question , but have other visitors asked you how get the menu bar to look like you’ve got it? I also have a blog and am really looking to alter around the theme, however am scared to death to mess with it for fear of the search engines punishing me. I am very new to all of this …so i am just not positive exactly how to try to to it all yet. I’ll just keep working on it one day at a time Thanks for any help you can offer here.

  3. Kevin D. on 01/26/2010 at 00:56

    I admit, I have not been on this site in a long time… BTW it was another joy to see It is such serious subject and ignored by so many, even authority. I thank you to advice making people more aware of possible problems.

  4. Fran_C on 01/27/2010 at 11:23

    Kevin, did you mean the 60′s website? I really enjoy going back in time once in a while
    when I visit there…thanks for visiting,
    Fran

  5. Fran_C on 01/27/2010 at 11:32

    Hi thanks for visiting… the menu bar I have is part of the free theme “Magazine Basic”
    by Tinkerpriest. I’ll visit your site and leave a comment OK…
    Have a good day,

    Fran

  6. Fran_C on 01/27/2010 at 11:35

    Thank you for that very nice comment… I love to help students!
    I’ll come over to your blog and comment…
    Have a great day,

    Fran

  7. Lorna Sission on 01/28/2010 at 17:38

    Thank you for letting us know about this. Regards, Lorna

  8. Fran_C on 01/29/2010 at 02:18

    Lorna

    Hey, it's fun to look back at where we were once in a while!

    Thank you for visiting,

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