Well it was not every year but there were quite a few because you were getting promotions as well as cost of living raises (based on the cost to BUY a house by the way).
My wages easily doubled every 5 years from 1973 to 1990. My first new car in 1976 was worth about what I paid for when I paid it off in 1979.
You would have had to be there but putting money in the bank was not the best choice in those days, investing in hard assets was.
Dang I have to check again, but I think more like tripled every 5 years.
