This column is a regular sharing of the family, work, and community perspective of Rick Platt, President and CEO of the Heath-Newark-Licking County Port Authority.
Friday, July 23, 2010
Inflation
Doing a NewspaperARCHIVE.com search the other day, I encountered a story from July 1965 where my Dad's first job out of college made the news. His monthly gross salary was included in the article--$525.
He was paid just $6,300 a year? Yikes.
Today, that monthly amount wouldn't pay for any one of my mortgage, three kids' Catholic school tuition, or car monthly payments.
I guess that's what 45 years of inflation does.
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