Vermont Broadcasters bring President on board...better late thannever

[Dan.Strassberg]

To put the 1920 $600 figure in context, more than 15 years later, in
the mid '30s, $600 (then-current dollars) would still buy a complete
car--a pretty nice one by the standards of the day. And the price very
likely included the radio, which would have been an add-on to the even
lower price of the basic car. So we probably can say that $600 in 1920
or 1936 dollars bought the equivalent of more than $20,000 in 2008
dollars. If prices have increased by a factor of 32 in 70+ years, they
have, in effect doubled every 14 years or so, which is only a little
more than a 5% compound rate of inflation. I find that believable.

-----
Dan Strassberg (dan.strassberg@att.net)
eFax 1-707-215-6367

----- Original Message ----- 
From: "A. Joseph Ross" <Joe@attorneyross.com>
To: "Bill O'Neill" <billohno@gmail.com>
Cc: <boston-radio-interest@bostonradio.org>
Sent: Tuesday, April 15, 2008 4:21 PM
Subject: Re: Vermont Broadcasters bring President on board...better
late thannever


> On 15 Apr 2008 Bill O'Neill wrote:
>
>> The Addison Eagle reported that the Vermont Broadcasters Hall of
>> Fame.
>> Citing President Coolidge as the first president to harness the
>> power
>> of radio.  Here's the link - http://tinyurl.com/6y89rd
>>
>> Interesting story about installing a radio into a car in the 1920s,
>> and the sets cost over six hundred dollars in 1920 dollars.  Take
>> that, XM....
>
> My father told me that he once had a car radio that clamped onto the
> stearing column and was removable when you got another car.  This
> was
> probably the 1930s, when the price had undoubtedly come down a bit.
>
> -- 
> A. Joseph Ross, J.D.                   617.367.0468
> 92 State Street, Suite 700            Fax: 617.507.7856
> Boston, MA 02109-2004           http://www.attorneyross.com
>
>