Re: A living wage

Posted by JML755 on November 17, 2016 at 10:46:40 from (97.78.165.130):

In Reply to: A living wage posted by John in La on November 17, 2016 at 06:29:28:

Well, no one really offered an opinion on the OP's question: What is a living wage? The answer will depend on where you live, how many people have to live off that wage but I'll take a stab at it. The government says it's $ 11,880 for an individual and $23,283 for 2 adults with 2 dependents in the 48 contiguous states. That's the FPL (Federal Poverty Level). Crank it up from there to allow for other expenses (health care, gas money, clothing) and "some" luxuries (toys for kids at Christmas, dinner out once a month, etc), "some" retirement savings (you're not going to live off SS in retirement making those low wages), "some" rainy day fund savings (new furnace, car repairs, etc). So, if you said $ 250 a month for each of the above, that'd add $12k to the total or about $24k or $ 12/hr for an individual and $35k or $18/hr. Both those numbers seem low to me.

An unemployed person with few skills might say he'd take $18/hr right now and be happy while someone with skills making $25/hr taking a pay cut to $18/hr would be unhappy. So, it's pretty relative, but I'd say $25/hr is a comfortable bottom number. Agree or disagree?

Replies:

Add a Reply Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Optional Video Title: Optional Video URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.   Advanced Posting Tools   Upload Photo  Select Gallery Photo  Attach Serial # List  Return to Post

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]