Chatting over coffee seems to spark many a thought-provoking discussion. So, I’m letting you know, this is going to be one of those chats.
The Seventies was known as the “pivot of change”. 1970 saw a large increase in inflation worldwide. This was mostly due to the Oil Crisis in the Middle East. Also, in the 70’s, The Beatles disbanded, Janis Joplin dies of a heroin overdose, Jimi Hendrix dies of drug-related problems, the Aswan High Dam was completed, the Concorde makes its first supersonic flight, and the voting age is lowered to 18 in the US.
Quotes by Jimi Hendrix
“Knowledge speaks, but wisdom listens”
“Music is a safe kind of high.”
“When the power of love overcomes the love of power, the world will know peace.”
A few noteworthy examples of prices in 1970 – Head and Shoulder Shampoo 79 Cents, Car 8 Track Stereo Tape Player $38.99, Chair La-z-Boy Rocker Recliner $188.00, Mens Leather Shoes $6.99, Striped Ladies Flare Pants and Tunic $10.00, Back To College Typewriter $28.88, Barbie Doll $4.77.
Today, Head and Shoulders has a collection of 26 shampoos and conditioners. The MSRP (Manufacturer Suggested Retail Price) ranges from $1.99 to $12.99, depending on the product and size of the item. My, my, how things change.
Here are a few of the stats relating to the cost of living in 1970.
Yearly Inflation Rate USA 5.84%
Yearly Inflation Rate UK 5.9%
Year End Close Dow Jones Industrial Average 838
Average Cost of new house $23,450.00
Average Income per year $9,400.00
Average Monthly Rent $140.00
Cost of a gallon of Gas 36 cents
One can’t say nineteen-seventy
was a settled year lacking levity
exchanges of scattered ideation
the beginning of digital fascination
man is still smitten with the moon
music fans still sway and swoon
Forty-three nations with sweaty palms
work toward purpose in keeping the calm
ratifying the Nuclear Non-Proliferation Treaty
global eyes become squinty and beady
significant change and massive inflation
misshapen thoughts spell devastation
“this pivot of change” can be a revelation
Thwarting early defeat and expiration
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Moving on to Let’s Meet & Greet at the Tuesday Chatter Cafe
A “soup sandwich” is a slang term, which originated in the military, used to describe a person or situation that is in disarray.
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I’m Eugenia and it’s time to put a wrap on this chat. So long from this week’s Tuesday Chatter and have a great week!