
Episode 100: The Good Old Days Weren’t All That Good
Words & Numbers
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The Average American Life a Hundred Years Ago
The average American about a hundred years ago worked 50 hours per week versus 40 hours per week today. The average American earned about ten dollars a week and was taxed at the federal level I'm going to leave out state and local taxes But the federal level taxed about 1% so the average American then if you do the math is taking home about 20 cents an hour Now compare that to today where the average American is earning about nine hundred dollars a week taxed at theFederal level about 15%. And just look at what the government takes from youDo the math thereAnd the average American is taking home almost 20 dollars an hour excluding the government handouts and excluding employer paid benefits So these numbers are biased
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