Nobody can argue that pretty much everything except wages has increased in price since 1976. The other day I did some remembering and some checking and some calculating and came up with this: My first job as a Welder in 1976 paid 18 bucks an hour, and Gasoline was about 60¢ a gallon. Therefore, I could buy about 30 gallons of Gas for one hour's pay. If I was lucky enough to land a job paying 18 an hour now (I'm not even getting ten dollar an hour offers), I'd have to work almost a whole day for that same 30 gallons of Gas. At Minimum Wage, I'd have to work two days for the 30 gallons.
And Housing Prices are even worse!