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To purchase two dozen eggs (grade A large) or two pounds of ground beef for hamburgers or a package of 96 tea bags takes approximately 41 minutes. They would have taken much longer in 1965. To buy a pair of child’s shoes, mediitm grade, or a woman’s wool skirt involves 266 minutes of work.
The actual store prices of these and other good and services are considerably higher than they were in 1965 but, when they are related to work time, they cost less.
The answer lies in the earning capacity of the average Rappahannock County family, which has risen in the past five years by 35 percent. By way of comparison, the cost of living has advanced 21.3 percent.
Just how the working day of the average American is budgeted to take care of his various obligations is revealed in a study made by the Tax Foundation.
It shows that taxes are the biggest Item. They take 2 hours and 43 minutes of his H-hour day. Next are food and tobacco, with 59 minutes, and housing, 57 minutes.
The rest of the time goes to meet such other bills as transportation, 40 minutes, clothing, 25 minutes, medical, 21 minutes, recreation, 18 minutes and all others, 1 hour and 37 minutes.
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