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- Economy -
- careful management of
available resources.
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LIVABLE WAGES???
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pay attention folks!
The living wage in the United States was $16.07 per hour in 2017, before taxes for a family of four (two working adults, two children), compared to $15.84 in 2016.
The minimum wage does not provide a living wage for most American families. A typical family of four (two working adults, two children) needs to work nearly four full-time minimum-wage jobs
(a 76-hour work week per working adult) to earn a living wage.
Single-parent families need to work almost twice as hard as families with two working adults to earn the living wage. A single-mother with two children earning the federal minimum wage of $7.25 per hour needs to work 138 hours per week, nearly the equivalent of working 24 hours per day for 6 days, to earn a living wage.
The minimum wage does not provide a living wage for most American families. A typical family of four (two working adults, two children) needs to work nearly four full-time minimum-wage jobs
(a 76-hour work week per working adult) to earn a living wage.
Single-parent families need to work almost twice as hard as families with two working adults to earn the living wage. A single-mother with two children earning the federal minimum wage of $7.25 per hour needs to work 138 hours per week, nearly the equivalent of working 24 hours per day for 6 days, to earn a living wage.
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--- example ---
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take note of the years.
in 2017, the minimum wage should have been somewhere around $19 hr. and we're dickering with $15.
Fair Pay Depends on a Fair Minimum Wage National Partnership Staff
July 24, 2013 | Economic Justice |
House passes minimum-wage hike bill
Bill would raise minimum wage $2.10 in three steps over three years. By Christian Zappone, CNNMoney.com staff writer January 11 2007 |
The Balance 2019
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|
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The reality is that since the mid-1980s there has been an enormous transfer of wealth from the middle class and the poor to the wealthiest people in this country. That is the Robin Hood principle in reverse. That is unacceptable and that has got to change.
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no need to wonder why some people
are without health insurance,
wind up homeless or working two jobs!
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why do we have so much student debt?....
$1 in 1975 = $5.51 today, so if tuition, fees and books had gone up along with official inflation, it would now cost $1,800 to $2,000 to attend a large state university annually--including tuition, fees and books.
An entire 4-year university education would cost $8,000. Instead, students now borrow $50,000 and up just to attend state university.
$1 in 1975 = $5.51 today, so if tuition, fees and books had gone up along with official inflation, it would now cost $1,800 to $2,000 to attend a large state university annually--including tuition, fees and books.
An entire 4-year university education would cost $8,000. Instead, students now borrow $50,000 and up just to attend state university.