this post was submitted on 26 Jan 2024
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To be fair, this was in a recession during the great depression. The unemployment rate was 19% in June 1938.
To add to this, a new car in 1938 was $860 according to this, but essential information was left out. What that actually converted to in today's money $18,709.33 which is a lot less than what I'm paying today but only by about half. I don't disagree with wanting to get back to this point or better. But the picture seems to assume the reader already knows this?
my Corolla was less than $18k so I don't even think that's unreasonable