GitSlayer wrote:
I realize varrus is just trolling but still:
Living in Southern California costs:
1 bedroom apartment 900-1250 (rent)
2 bedroom apartment 1200-2000 (rent)
Home 450k-2mil (and that is not a mansion just a nice new house in a nicer area)
BS. Do you live in California? A bit less then two years ago, I was renting a 2bd/2ba condo in one of the wealthiest neighborhoods in San Diego (one of the most expensive places to live in the country), for 1350/month. That's at the very low end of that 1200-2000 scale you listed. Unless you're going to tell me that rentals in Del Mar are at the low end?
You can *easily* find appartments to rent for 600/month for a 1br, or 900ish for 2br. You just wont live in the best part of town. If you want, I'll grab a paper tomorrow and start reading off listings for you. Those numbers are probably the range if you live in the "best" neighborhoods in the most expensive parts of town. They are not a minimum at all.
Guess what? If you're making minimum wage, you can't afford to live in the most expensive part of town. Shocker, I know.
Quote:
California minumum wage is $5.15
5.15 x 160 824 - 30% (taxes) = 576.80 x 2 people = 1153.6
And you wonder why you see reports of 1 family to room in some poor areas?
Where did you learn math? First off, there are 40 hours in a week, and 52 weeks in a year. That means that before taxes *one* person making minimum wage will earn $10,712. Not two people. One.
Someone making minimum wage pays nowhere near 30% of their income in taxes. IIRC from when I did earn that much, they usually took out about 700 in taxes during the year, and I usually got a couple hundred of it back. The real federal tax rate at that bracket is probably closer to 5-8%.
2 people making minimum wage would then be making somewhere around 20k after taxes. You can certainly afford a 2br place, and an old beater, and the cheap insurance and registration that comes with an old beater, on that much money.
You'll live in a crappy neighborhood, and have a crappy car, and not a whole lot of luxuries but you *can* manage with that much. It wont be comfortable, but then again, that's *minimum* wage. It's amazing how many of my friends (and myself) managed to get buy earning near minimum wages at various jobs when we were in our early 20s, and not one of us starved to death! Yup. It's a miracle. Alert the media...
The problem is that minimum wage is not intended to be a "career wage". You aren't supposed to be supporting a family on 5.15 an hour. I'm not going to get into a discussion about uneducated people with minimal job skills getting pregnant and trying to raise families (cause that would be a whole nother topic all by itself), but that's usually where people are starting from when they talk about minimum wages being too low.
Minimum wage is the amount of pay a high school kid should expect to make when he starts a new job. It's something that you pay totally unskilled people who can't do anything more tasking then standing in front of a fry-o-lator and waiting for a timer to tell them when to do something. I'm sorry, but if you can't develop any skills more valuable to the workplace then that, then what the heck do you expect?
And if your ***** is about a lack of jobs for people who do have skills, then address that point. Raising minimum wage doesn't fix that problem. It just masks it. If our objective is to provide opportunity for people, then making the minimum higher doesn't really do it. It just makes the value of "mediocre" a bit higher is all.
As to the poverty levels. I'm curious. Were the article and the chart mentioned later from the same source? It's just that I've seen a lot of different methods of measuring poverty. Some based it on relative cost per living and include numbers of people supported (like the chart). Others just take a blanket look at the economy as a whole by taking a number 20% lower then the median income and declaring all incomes lower then that to be below the poverty line. Which was used in the "poverty rate went up" calculation would be useful to know.