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Such as?
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$10, 712.
If you worked 40 hours every week, this is how much you would make in a year. This is gross. Social Security, Medicare, local taxes, etc. will still take their bite out. Let's say that you keep 90% of that money - $9,640.80 - could you live on this for a year? If you did, do you think you'd be consuming much? Consuming is what makes the US economy go.I never know their names, But i smile just the same
New faces...Strange places,
Most everything i see, Becomes a blur to me
-Grandaddy, "The Final Push to the Sum"Comment
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My position is simple: No to increasing the minimum wage and no to Congress giving itself a pay raise.'There is a greater darkness than the one we fight. It is the darkness of the soul that has lost its way. The war we fight is not against powers and principalities, it is against chaos and despair. Greater than the death of flesh is the death of hope, the death of dreams. Against this peril we can never surrender. The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.'"
G'Kar - from Babylon 5 episode "Z'ha'dum"Comment
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In most parts of the country, yes.$9,640.80 - could you live on this for a yearI came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Then why should college graduates expect $26,000 at minimum and probably more like $30,000? Why should CEOs expect hundreds of thousands of dollars? If it's so cheap to live in most places of the US, why do so many people make that much money?I never know their names, But i smile just the same
New faces...Strange places,
Most everything i see, Becomes a blur to me
-Grandaddy, "The Final Push to the Sum"Comment
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I make about that, a bit less actually, and I live in the DC area. I hardly consume anything, and don't have health or dental insurance. Plus I got lucky finding a really cheap place to live. It's not fun or advisable, but its possible. I can't keep it up anymore honestly.Originally posted by mactbone
$10, 712.
If you worked 40 hours every week, this is how much you would make in a year. This is gross. Social Security, Medicare, local taxes, etc. will still take their bite out. Let's say that you keep 90% of that money - $9,640.80 - could you live on this for a year? If you did, do you think you'd be consuming much? Consuming is what makes the US economy go.Captain of Team Apolyton - ISDG 2012
When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - RahComment
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Could you expand on this? How is that a liveable wage anywhere?Originally posted by DanS
quote:
$9,640.80 - could you live on this for a year
In most parts of the country, yes.
And where are the majority of those who make the minimum wage living? Are they living in those areas?
And that's probably only liveable for one person. What about a family? Even if both parents work for the minimum - you're telling me that $19,000 is enough to raise a family on?"I predict your ignore will rival Ben's" - Ecofarm
^ The Poly equivalent of:
"I hope you can see this 'cause I'm [flipping you off] as hard as I can" - Ignignokt the MooniniteComment
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I personally think I would have a hard time living for under 30k.
Although, really I just need to stop eating out (going to go do that now).
Jon MillerJon Miller-
I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.Comment
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Living on under $10k/year...
A a basic subsistence level, I suppose it's possible in the right location. If you don't need a car for transportation, that is.
It would suck badly, though. Could you manage to save any money? Could you afford any medical care (beyond basic checkups) that you might need?
That's a ****ing pittance.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
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Because their labor is worth so much more. Duh.Originally posted by mactbone
Then why should college graduates expect $26,000 at minimum and probably more like $30,000? Why should CEOs expect hundreds of thousands of dollars? If it's so cheap to live in most places of the US, why do so many people make that much money?Comment
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I make 20k ish and I feel underpaid by a lot
JM
(well when I work)Jon Miller-
I AM.CANADIAN
GENERATION 35: The first time you see this, copy it into your sig on any forum and add 1 to the generation. Social experiment.Comment
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You're comparing take-home to pre-tax. The college graduate who is making $30,000 pre-tax sure isn't taking that amount home.Then why should college graduates expect $26,000 at minimum and probably more like $30,000?I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Have a modest used car and have a roommate or four. In Walmart country, it is quite possible to live on $10k for a single. With a family, it's substantially harder, but kids get gov't money at those wages.Could you expand on this? How is that a liveable wage anywhere?
Look outside your window. Few non-student adults make the minimum wage after their first job. Even among illegals (well, those who work in ag might make minimum). Mostly, a minimum wage increases unemployment among first-time or irregularly employed, the people who we should seek to get working as soon as possible.And where are the majority of those who make the minimum wage living?Last edited by DanS; June 28, 2006, 14:28.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Lol, it wouldn't even pay my rent for a year hereOriginally posted by DanS
In most parts of the country, yes.
I did it in college not counting the tuition, I guess, but it's really not sustainable or even doable if you have kids, or if you ever want to do something fun.Living on under $10k/year...
A a basic subsistence level, I suppose it's possible in the right location. If you don't need a car for transportation, that is.
I when we lived in Boston, my mother made something in the upper $20ks and life was rough. Fortunately, being addicted to Civ and living within walking distance of my friends, I didn't need much money to have fun.
To be honest, at this point I would rather be unemployed than make $10/hr. Then again, I have college degrees now, and I've made substantially more.
So then the impact of raising it shouldn't be too badLook outside your window. Few non-student adults make the minimum wage after their first job. Even among illegals (well, those who work in ag might make minimum).
"The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists."
-Joan RobinsonComment
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I note that many people live on social security, which at its minimum is a similar amount to minimum wage.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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