10 cents now and later candy12/9/2023 ![]() For each year, you’ll see an example of a common good or service that cost about $1. To see how much $1 could have purchased in the year you were born, GOBankingRates took a sample of prices from 1940 to 2022. Ten or 20 years from now, you may look back yet again and be amazed at how “cheap” things were in 2022, as inflation will no doubt have driven prices higher still in the future. Over time, inflation reduces the purchasing power of a dollar, as exemplified by these various items. While these examples are fun to look at, they’re also an important representation of the devastating power of inflation. What’s the cost of 3 gallons of gas today in your neighborhood? Ten dollars? More? In 1966, those 3 gallons were less than $1. Remember when $1 could buy six Hershey’s chocolate bars? If you were alive in 1973, you might. However, you might be surprised at how much $1 could buy in the past. from some state and local health departments.In 2023, $1 can’t buy that much in terms of goods and services. Statements from the White House and the Department of Health and Human Services also never used the word "booster" when touting new availability of these latest shots.ĬDC polling on the new shots asked Americans simply if they were open to getting the "new, updated COVID-19 vaccine."īut the word "booster" still remains on many other official pages, including the United Kingdom's "autumn vaccine booster" campaign overseas and press releases within the U.S. Other federal authorities have hewed closely to the new terminology. These vaccines, as previously announced, would be updated with a new formulation for the 2023-2024 fall and winter seasons," an FDA spokesperson said Thursday in an email. "To clarify, these vaccines would not be considered 'boosters' per se. Later, when the FDA announced it was authorizing and approving the latest formulation of the vaccines on Monday, targeted for the XBB.1.5 strain of the virus, the agency's press release made no mention of "booster" doses. The FDA took steps towards simplifying the regimen in April, phasing out the original versions of the vaccine and removing the "primary series" versus "booster" distinction for most people. ![]() Meanwhile, still-unvaccinated Americans who wanted to get caught up faced a need to get through the "primary series" doses of the old formula of vaccines before they could qualify for the latest versions of the shots. That made it difficult for some people and their doctors to figure out whether they were "up to date" on their shots. Then, a mix of "booster" doses were offered - some targeted at more recent variants - with varying guidelines depending on a person's age and what shots they previously received. ![]() Most Americans originally received a "primary series" of shots that were targeted at the original strain of the virus early in the pandemic. The change in terminology stems from a proposal, first backed by a panel of the Food and Drug Administration's outside advisers back in January, to dramatically simplify the schedule of authorized and approved COVID-19 vaccines. We don't 'boost' each year," said Talbot. Influenza changes each year, and we give a new vaccine for each year. "We are beginning to think of COVID like influenza.
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