lemur68 wrote:...you can get by okay....as long as you have no other financial obligations...
Or if you don't get sick or you don't have to care for a sick relative or don't have to save for a down payment on a house or save for when you lose your job or have to support two kids and a spouse.
Fuck dude where I live $12 will barely buy you 3 gallons of gas. And if it takes that many gallons just to go to and from work your first hour is paying for you just to be there.
Don't even get me started on how much of that $12 is robbed from you by Uncle Sam. Then there are the taxes on all the goods you buy. And the "soft" taxes being levied on food items because of the rising gas prices. And rising rents, and rising utility costs. You want health care? There's a huge chunk of your $12 an hour and that's even if you decide you can afford it, which most people don't, so the tax payers end up paying for care for things that could have been prevented if those people could afford insurance, which then also causes the premiums for the ones that do to go up because the hospitals are now charging more to make up for their losses and well here we are again chasing inflation with our stagnant wages.
Meanwhile every god damned year your city, county, state and federal representatives grant themselves "cost of living" pay increases and then whine about how raising the minimum wage to $7 an hour by 2010 will cost too fucking much.
Sorry but there is a huge disparity between wages and the cost of living right now and most people just accept it or assume they can get by on credit in an emergency which is just shooting themselves in the foot.
It makes my head spin. No one who barely squeaks by on paycheck to paycheck should just accept their wages as they are. We should be constantly pushing for a raise, at minimum a yearly 5% cost of living increase.
I don't have a source for this so it could be total bullshit but I read that the value of the dollar has shrunk by 25 to 75 % since 2001.
Seems about right though doesn't it? My fixed expenses haven't multiplied since then and my variable expenses are now all but nil but the amount I'm paying out every month sure has gone up.
This is all with me making more then $12 an hour. So no I don't believe that is enough in today's world.
it's not the length, it's
the gersch