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Clarence Thomas’ Private Complaints About Money Sparked Fears He Would Resign
(www.propublica.org)
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this post was submitted on 18 Dec 2023
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According to The CPI Inflation Calculator, $200,000 in December 1969 would be the equivalent of $1.628 million today.
The CPI index is useful for some things, but not the real world. In 1969, that $200,000 would have brought you a mansion, a Rolls Royce, a Jag, and you'd have had enough money left over to buy a nice little business. In 1960, minimum wage was $1/hour and the average house was $11,000.
And what if your mansion and travel were also covered by that job?
I have no idea what you are asking.
You were talking about President Nixon’s pay
But Presidents are given a mansion and travel/transportation, so that $200k goes much farther
... in purchasing power. Which is a lot.