Minimum wage in mathematical terms

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schuylaar

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NoDrama said:
How come the article doesn't include all the Taxpayer footed subsidies? What happened to Housing, SNAP, Possible welfare and other state funded programs too numerous to count? Things like electrical, heating assistance, food pantries, etc etc Don't they have some value?
How come the article doesn't assume you live with your family or with another job holding person, or maybe a few roommates whose combined income can alleviate some of the high expense items like rent?
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that's because it's pada's lame cut and paste attempt to get into a conversation in politics to direct it back to a rape thread..his MO is predictable.
 
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BigNBushy

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If you get a minimum wage job, don't call in, show up on time, don't steal from your employer, and stay awake while there while giving a little effort you will be given a raise within a few months.

After your raise, if you in crease your effort from a little to your best, you will likely be promoted so long as you keep doing the other things mentioned. After 1 to two years it is likely you will be given another raise and a promotion.

Keep all this up and after a few years odds are, depending on the company you work for, there is a good chance you will be one of the top, if not the top member of management at that store.

If you have done all this for 10 years, you will be rewarded.

If you take that job with an attitude of "minimum wage gets minimum effort" odds are you'll be kept at your starting salary, if not fired.
 
Red1966

Red1966

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Padawanbater2 said:
This is from Reddit, I didn't write it, but I was wondering what opponents of raising the minimum wage would have to say about it; I recently did some math about the minimum wage. Assuming you live a normal American life as should be expected of anybody that works full time, it's impossible to live off of the minimum wage. Here's my long stupid post: I'm going to evaluate the possibility of living on a full-time minimum wage job while adhering to the standard expected expenses of a functional American citizen. Math will be involved. NOTE: I'm including luxuries like health insurance and a car, because A: It's impossible to work full time in many areas of the country without a car, and B: Somebody that works 40 hours a week at any job should be seen as an average American citizen. I'm not going to strip a person of insurance just because they work for McDonald's. OTHER NOTE: I'm basing these expenses either on previous yearly averages, or on my own (pretty awesome) expenses. I'm erring on the side of cheapness with everything, so this is essentially a cost analysis for a white 26-year-old male with a spotless driving record and cheap/ideal living conditions. Alright. You work 2080 hours a year (full time, no vacation or sick days) in a job that pays $7.25 with no benefits. You make $15,080 in that year.
  • Average basic health insurance cost/year in 2011 (it's currently higher): $2,196.
You have $12,194 remaining.
  • We'll say the average car insurance cost/year: $1000 (That's cheap.)
You have $11,194 remaining.
  • We'll go with this estimate for cost of housing/year (it's from 2008, housing costs are higher now): $6,800, or $566/month (including utilities).
You have $4,394 remaining. We'll say you're going super-thrifty, so the cost for food (yes, I'm including luxuries like milk, animal proteins, cooking essentials, and some fresh vegetables): $2,400/yr. Or, $200 a month. Or $6.57 a day. You have $1994 remaining. Using this, average miles driven for a 20-34 year old is 15,098/year. Let's say your car gets an amazing 29 MPG, that's 521 gallons of gas. Current avg. unleaded gas price:$3.25. (which is reasonably low): $1,693. You have $301 remaining. So to reiterate. If you work full time every week of the year, you have ideal life insurance, ideal car insurance, ideal living situation, you eat frugal yet healthy, you never drink or smoke, your car has amazing MPG, and you live in a place with reasonably low gas prices, and nothing unexpected happens... you're left with $301. Which you spend on renter's insurance: $144/year Avg. Basic Hygiene (TP, PT's, Soap, shampoo, toothbrushes, toothpaste, etc.): $25x12: $300. (Avg. Expenses are higher, considerably so if you're a woman with standards of beauty that must be maintained {and periods}, and even more if you're a black woman with standards of white woman beauty that must be maintained {and periods}. Straight hair is not cheap for black women.) Yearly car registration fee (In VA): $79. You now have -$222 to spend on treating yourself! And this is in an apartment with no cable, no internet access, no housephone, no cellphone, no pay-as-you-go phone, no furniture, no car payments, no car maintenance, no car inspection, no silverware, no dishes, no pots, no pans, no microwave, no toaster, no entertainment at all, no children, no pets, no leisure activities, no household cleaning products, no tools, no bank fees and no check-for-cash fees, no credit cards, no sheets, no pillows, no blankets, no bed, no laundry, no clothes, no cosmetics, no first aid, no fucking napkins, nothing. So... TL;DR: If you live alone in a barren apartment and do nothing other than work and eat cheap meals, with absolutely ideal settings and absolutely no unexpected expenses... you're $222 dollars in the hole. So what we're looking at is a system where the government spends more than 131 Billion dollars a year on "entitlements," of which more than 9/10ths is spent on the Elderly, Disabled, and Employed. Meaning that we either have to accept the nature of "the welfare state" or accept that these mega-corporations should shoulder some of the social burden and pay their employees a rate at or above the standard of living. In this scenario, it is either/or. By simply opposing both, as is the official stance of the Republican party, self-identifying conservatives, and conservative Libertarians, only serves to hold back an inevitable tide. Living wage is only going to continue to go up as the value of the dollar continues to steadily drop, meaning that welfare spending is only going to continue adding to the dreaded deficit. The longer this goes on, the worse it gets and the worse it will be when the whole infrastructure in place collapses under the weight of it all, which will inevitably happen. Supplemental: The median net compensation in this country is $27,519 , meaning that half of America's workforce makes at or under $13.23 an hour. 77 million people make an hourly wage somewhere between $2.25 and $13.23. It's not just about those exactly-minimum-wage employees, that is half of our workforce living paycheck to paycheck within $5 of the legally-enforced minimum. We don't have to live this way. We don't have to punish people for working in the service industry. They make our lives better, why is there such a bitter argument about whether or not functional members of society actually working for a living should be able to afford the basic necessities in place to live a normal American life? http://www.reddit.com/r/AdviceAnimals/comments/1s8kxx/im_sure_this_will_be_unpopular_on_here_but_this/cdv4g2b (sources cited in OP on Reddit)
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Insurance is free at that income level. They call it Medicaid. A car is a luxury. Not a necessity. Take the bus or walk. I did for years. Owning a car is very expensive. I didn't do the math, but I think the car and expenses associated with it were the biggest part of your budget. Show me a McD's that isn't near a bus stop and I'll show you a hundred that are. You can rent a room cheaper than $556/month. If he's that poor, why would he need renter's insurance? These minimum wage jobs were once held by teenagers who lived with their parents or part timers who had some one else paying their bills. If you fucked off all through high school or dropped out, you chose that life of poverty. If you went to college and majored in Philosophy or Art or buggy whip making, you chose that poverty. If you borrowed 150,000 to indulge yourself with getting a degree in a field that satisfies your vanity, but has no marketable value, you chose that poverty. McD's is a starting point, not a career. If you can't do better, try not showing up for work high all the time. I give a fair amount to charity, but come to me and demand I support you in the stye you would like and you ain't getting shit. So when does all the raping start?
 
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urban1026835

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no insurance is not free at that income level so i do not know where you got that information as i chose to take a 1% fine this year instead of the 50% of my medical fee which is all the employer our mine i should say since i cannot speak on others but my employer pays minimum wage and only pays a percentage of my health care which i am required to have or take a penalty every year.

for now the penalty is much lower then the cost of insurance....great system.
 
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urban1026835

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plus he forgot about taxes before he even started deducting living expenses which is 21 percent of my total income deducted.
 
UncleBuck

UncleBuck

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urban1026835 said:
plus he forgot about taxes before he even started deducting living expenses which is 21 percent of my total income deducted.
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don't be phased too much by the bitter scorn of people like red. that guy can't even afford a computer with a working return key, but he has plenty to say about the poor.
 
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schuylaar

Well-Known Member
Red1966 said:
Insurance is free at that income level. They call it Medicaid. A car is a luxury. Not a necessity. Take the bus or walk. I did for years. Owning a car is very expensive. I didn't do the math, but I think the car and expenses associated with it were the biggest part of your budget. Show me a McD's that isn't near a bus stop and I'll show you a hundred that are. You can rent a room cheaper than $556/month. If he's that poor, why would he need renter's insurance? These minimum wage jobs were once held by teenagers who lived with their parents or part timers who had some one else paying their bills. If you fucked off all through high school or dropped out, you chose that life of poverty. If you went to college and majored in Philosophy or Art or buggy whip making, you chose that poverty. If you borrowed 150,000 to indulge yourself with getting a degree in a field that satisfies your vanity, but has no marketable value, you chose that poverty. McD's is a starting point, not a career. If you can't do better, try not showing up for work high all the time. I give a fair amount to charity, but come to me and demand I support you in the stye you would like and you ain't getting shit. So when does all the raping start?
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pada?.........
 
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schuylaar

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urban1026835 said:
no insurance is not free at that income level so i do not know where you got that information as i chose to take a 1% fine this year instead of the 50% of my medical fee which is all the employer our mine i should say since i cannot speak on others but my employer pays minimum wage and only pays a percentage of my health care which i am required to have or take a penalty every year.

for now the penalty is much lower then the cost of insurance....great system.
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are you aware there are hardship opt outs?
 
Red1966

Red1966

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urban1026835 said:
no insurance is not free at that income level so i do not know where you got that information as i chose to take a 1% fine this year instead of the 50% of my medical fee which is all the employer our mine i should say since i cannot speak on others but my employer pays minimum wage and only pays a percentage of my health care which i am required to have or take a penalty every year. for now the penalty is much lower then the cost of insurance....great system.
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I thought that income level would qualify one for the medicaid subsidy with Obamacare. If your in one of the states that expanded medicaid. And if you were actually able to enroll.
 
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urban1026835

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if your a single male with no children these exceptions seem to be few and far between guess electric gas food and rent are cheaper somehow this way....well ok food and the bills should be somewhat cheaper.
 
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