with apologies to Ogden Nash...
In the US it was $1.25 per hour in 1966. Jumped all the way to $1.40 in 1967! So, the tool cost almost two hours wages at those rates.
As I recall the 1960s, tools were very costly; beer and smokes were cheap. A working man could easily afford to spend his evenings smoking and drinking, but machinery and measuring tools and the like were all but out-of-reach.Nowadays, tools are cheap; beer and smokes are up in the stratosphere. A working man can equip a pretty decent workshop, but he can't afford to sit back with a beer and a smoke afterward to savour the contemplation of it.The pendulum swings, never resting at a happy medium.
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