Let's see, 100 years ago, we also had:

Less than $3 billion in national debt (07/01/1909 • 2,639,546,241.04) versus well over 11 trillion at this time. Let's compare those two numbers: 3,000,000,000 vs. 11,000,000,000,000. You would have to multiply $3 billion 3,667 times to reach 11 trillion!! Assuming a population of 300,000,000 million people in this country, that amounts to about $37,000 dollars EACH!!

Our debt combined with future obligations in in 1909 was still under $3 billion dollars being how Social Security and Medicare had not yet been created. In 2008, that number was approxiamately $55 trillion!!! That is roughly 1/5 of WORLD GDP!!!

Inflation averaged 1.35% for FY 1914, versus 3.85% for FY 2008.

The Federal Reserve Bank had not yet been created and we were still on the Gold Standard.

Gold closed the year at $20.67 per ounce in 1909 versus $869.75 in 2008. This is a true indicator of just how much our dollar has been devalued over the past 100 years as one ounce of gold is still one ounce of gold. It just takes about 4100% more dollars to buy that same ounce.

It's amazing how much things change in just 100 years.

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NRA Pistol,PPITH,PPOTH&TASER