Howard had to work for 10 bucks an hour back in '71

Discussion in 'The Howard Stern Show' started by Ruffypup, Jan 28, 2014.

  1. Ruffypup

    Ruffypup Well-Known Member

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  2. Ruffypup

    Ruffypup Well-Known Member

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    His father only brought home 40 thousand in '56 :dontknow:
     
  3. bznick

    bznick Hustling, Flowing, and Hating! Gold

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    And his first radio job was $96 per week. He should have stayed at the plumbing shop.
     
  4. tv910

    tv910 Well-Known Member

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    He lies so effortlessly it's alarming. I had an afterschool job working for a friend's father at about that time and I think I made about $2 an hour.
     
  5. VAsiCkBoy

    VAsiCkBoy Well-Known Member

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    Howard's always been rich.
     
  6. tv910

    tv910 Well-Known Member

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    He said recently that his father only made about 25 grand in his best year.
     
  7. Nemo

    Nemo Beer Can Thick Gold

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    $1.60 an hour.... minimum wage in 1971
     
  8. Ruffypup

    Ruffypup Well-Known Member

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    Equivalent to 100 dollars an hour , today.
     
  9. tv910

    tv910 Well-Known Member

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    What Howard always fails to mention is that $96 a week wasn't a bad salary back then. I'm about the same age and my first full-time job paid something like $101 a week. I remember my friends being envious that my salary was over $100.
     
  10. Rob0729

    Rob0729 Well-Known Member

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    My parents bought their first house in 1969 for $17k. Incomes and costs were different in 1971. That was the year Nixon took the U.S. off the gold standard (in August of 1971). Once the U.S. got off the gold standard (where the U.S. only printed money that equaled the amount of gold they had in reserves), salaries and costs exploded.

    If Howard made $10 an hour in 1971, he would have been considered rich. That would have been $20k a year. In 1971, the median household income was $7,896.
     
    Last edited: Jan 28, 2014
  11. Imus O Sternsky

    Imus O Sternsky VIP Extreme Gold

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    Minimum wage was $1.60 an hour Federal spending: $210.17 billion
    Federal debt: $408.2 billion
    Median Household Income
    (current dollars):
    $9,028
    Consumer Price Index: 40.5
    Unemployment: 4.9%
    Cost of a first-class stamp: $0.06 ($0.08 as of 5/16/71)

    So if Howie was making $10.00 an hour and working a 40 hour week he would have made $20,800.00 a year. That's more than double the median household income. Not bad for a 17 year old.
     
  12. Rob0729

    Rob0729 Well-Known Member

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    So he made about $5k a year. That was actually a decent starting salary in the early to mid 1970s.
     
  13. Bentknee

    Bentknee Well-Known Member

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    I heard that also. I find it hard to believe that he owned a recording studio in NYC and only made 25 grand.
     
  14. Rob0729

    Rob0729 Well-Known Member

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    $25 grand was a big salary in the 50s, 60s, and 70s. That would have been an equivalent to a six figure salary today. I looked it up. I used 1971 since it is the subject of the thread. If Ben Stern made $25k in 1971, it would be the equivalent of making $142k in 2013.
     
  15. Pigsaw

    Pigsaw Well-Known Member

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    Howard has created a false reality for himself. Almost none of what he claims happened to him actually happened. I bet most of his therapy covers this. His mother has often said on the air that "Howard exaggerates." He loves to be poor little Howard, the boy that didn't get enough attention as a child so he demands it now.

    "I'm a liar, I'm a compulsive liar!"
    [​IMG]
     
  16. itsawig

    itsawig Well-Known Member

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    Wig did not " grow up " in a black neighborhood. He lived in the black neighborhood for 1 year. No one ever points that out
     
  17. fletchman71

    fletchman71 Well-Known Member

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    Now Howard will point out that when he did switch schools and go to the all white school he was harassed more by the gentiles because he was Jewish. It really is funny how Howard has turned into the stereotypical Hamptons liberal.
     
  18. Ruffypup

    Ruffypup Well-Known Member

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    Whitey wouldn't tell his mother good morning on the car ride to school.
     
  19. datchguy

    datchguy New Member Banned User

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    :uscratch:
     
  20. j shmuck

    j shmuck Well-Known Member

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    Well, Jewish people sure have a tough time out in Long Island. When I went to college I met many wealthy JAPS (Jewish American Princesses) whose lives were full of hardhip