I think Davey was headed somewhere a little different. His question was simple really, why does it seem to cost more to live today than it did 45 years ago. It was not even a question of inflation per se. It was questioning why the minimum wage of 1963 (was there one?) or at least the wage of $1.25 per hour was actually livable in comparison to the wage labor is being paid today.It is a fact that most households of the 1960's where of single income and our parents or grandparents actually had more free time than we do today.
All of this brings up some interesting things. I remember as a child that it was fairly normal to have only one television set per household. In my house today there are no less than four and and the same number of computers. So the question is were are parents more frugal and did they have a better understanding of need verses want. Of course there is the other variable in the work force of that era compared to today. Back then a person could go out and make a decent living even if they did not finish high school let alone attend a college. So we can say the demands of todays work force are very different than those of 1963. Still it is interesting that in an era where there was no consideration toward things like the preservation of natural resources people seemed to acumulate less stuff then we do today.
Men decide far more problems by hate, love, lust, rage, sorrow, joy, hope, fear, illusion, or some other inward emotion, than by reality, authority, any legal standard, judicial precedent, or statute.