rcmodel
Member in memoriam
Ever hear of inflation?
One dollar in 1968 had the purchasing power of $7.09 today.
A new K-22 cost $89.00 in 1968.
That is $630.82 in today's dollars.
The additional $198 can be chalked up to higher labor, insurance, tax, transportation, raw materials, energy cost, employee be infects, medical insurance coverage, and meeting Government regulations in every state constantly.
My take on it is.
Todays S&W's cost me the same as they did in 1968,
When you figure the dollar is now only worth 1/7th. as much as it was then.
And manufacturing costs that must be passed down to the buyer have risen at least 10-fold or more in that time.
Especially considering I can make about 10 times more per hour working at a decent job then I could then.
I'm here to tell you it was just as hard if not harder to buy a $89 buck S&W in 1968 as it is to buy a $800 one now!!
rc
One dollar in 1968 had the purchasing power of $7.09 today.
A new K-22 cost $89.00 in 1968.
That is $630.82 in today's dollars.
The additional $198 can be chalked up to higher labor, insurance, tax, transportation, raw materials, energy cost, employee be infects, medical insurance coverage, and meeting Government regulations in every state constantly.
My take on it is.
Todays S&W's cost me the same as they did in 1968,
When you figure the dollar is now only worth 1/7th. as much as it was then.
And manufacturing costs that must be passed down to the buyer have risen at least 10-fold or more in that time.
Especially considering I can make about 10 times more per hour working at a decent job then I could then.
I'm here to tell you it was just as hard if not harder to buy a $89 buck S&W in 1968 as it is to buy a $800 one now!!
rc
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