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- The Good Old Days
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- The humble Farmer
That’s why working people call the era before Reagan and Bush, “The Good Old Days.”
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Piece Description
That’s why working people call the era before Reagan and Bush, “The Good Old Days.”
Transcript
I was staggered this morning when I saw on the Today show the great deals you could get on houses all across America. They picked 4 or 5 different locations, put up pictures of these houses, and then told us, “this is the great house you can get for only a quarter of a million dollars.” A quarter of a million dollars for a little house with no land? And that is a great deal? $250,000 is 50 times as much as I paid for a house on one acre of land around 40 years ago. I bought a house with one year’s salary. My question to you is, “Are working people earning 50 times as much as they were 40 years ago, or are they working 15 times as long for the same buying power?” $250,000 is more than 25 times as much as I paid for another house with a big barn and over 50 acres of land. At the time I was teaching and was being paid around $5,000 a year. Twenty five times $5,000 is $125,000. Are Maine sc...
Read the full transcript
Intro and Outro
INTRO:I was staggered this morning when I saw on the Today show the great deals you could get on houses all across America.
OUTRO:If you are young you might find this hard to believe, but the day President Franklin Roosevelt died in 1945, it was taken for granted that any American who had any kind of job could buy a home. That’s why working people call the era before Reagan and Bush, “The Good Old Days.”

