It's stunning how many people seem to forget that there are other countries on the planet that use dollars and weren't involved in Vietnam. No, I'm not making an assumption. The person who posted this is Canadian.
Y'all really need to take a step back and reflect a little bit.
They left out the part about getting drafted and sent to Vietnam with that 3rd grade education and risk dying for people that didn't care about you and other that hated you. Then coming home and getting spit on, literally spit on, by the people around you. And no one caring about the damage war caused you.
I am so tired of people presuming that US's economic history is somehow universal. all countries have first world economy of western hemisphere, more specifically, the anglosphere. Boy do I love cultural hegemony.
Didn't work for me... in my 1972 bank job interview I was told, "I'd hire you if you were a man, but you're not. If I hired you, you'd just get pregnant and leave." It wasn't against the law for him to say all that.
And for what it's worth I didn't buy a home - a small one-bed flat - until I was in my 40s. Cost me so much I couldn't afford proper furniture. Yes, my current house is worth a lot more than what I paid for it (mainly because I bought a wreck), but so is any other house I could afford if I sold it.
Not specific enough. Going by typical evil genie rules you'd be born in 47', but be a poc in like Alabama or Oklahoma. Just in time to get drafted to fight in Vietnam and then have to fight for civil rights at home.
My dad bought about a third of an acre of waterfront property in the 80s with a small cottage on it that we added to. He paid something like $50,000. Guess what a small waterfront property is worth now?
My dad bought his house for $650 in 1976, had it moved from the mill village where it was for $2000 and has lived in it on land he was given for 50 years. Its current value is over $225k.
My dad was born in 1947. He died a year ago. Lived in my basement for 3 years toward the end, we converted it to a "in-law" suite. Probably spent most of his money on medical bills though because he had an accident that paralyzed half his body.
Anyhow he worked the same job his entire life only worked his way up to middle management at a factory. Prided himself in slacking off his entire career and still did better than I do now and I have to work much harder and have my spouse be employed to pull in what he did alone half-assing it.
So it was different for sure, middle-class was easily achieved if you were a white male. I'd almost say if you were poor you just got very unlucky, were a single mom, or a minority. If you were a white male, you'd really have to be dealt a bad hand in life to not be middle-class.
Life for seniors is ok. About to get a tax break on SS benefits. Would be 78 this year. Possible to get another 12 years of senior benefits. Trump was born that year, so things can work out past 2001.