Walt,30 years ago I didnt know that 15 cent fuel oil would cost 3.40 a gallon,that 25 cent gasoline would cost 3.20 .That my re taxes would go from 230.00 a year to 2000.00.That a new pickup would go from 2500.00 to 30000.00.That 40.00 fire wood would cost 225.00.That a 10.00 pair of work shoes would cost 125.00.That a new hay baler would go from 2000.oo to 20000.00.that my farm insurance would go from 60.00 to 800.00.That dimension lumber would go from 11 cent a foot to 75 cents.That my ss check would be based on my workng years when 3.50 was a good wage.That hay would go from 75 cents a bale to 6.00.That my doctors office charge would go from 3.50 to 125.00.These rapid changes destroy savings.According to tax assesors in two states I have real estate worth 400,000 dollars.I never paid a mortgage or rent in my life but am still having a hard time buying heating oil.I have planned carefully but inflation is stealing my savings.Dont be too quick to say people have not planned for their old age.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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