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Thread: #LivetheWage

  1. #101
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    Re: #LivetheWage

    The problem in my professional career is that technology replaced all my experience and skills with machinery. What I was once paid, relatively well for as a lab technician, who ground lenses by hand, is done by robotic machines.

    Most any inexperienced, younger person can be taught in a few hours how to operate one. On top of that huge corporations started pouring money into the market with multiple chain store openings, overnight, with prices that drove down the wages and quality of employees to cover the overhead for cheap contacts and eyeglass prices.

    At min wage and with withholding's, I wouldn't clear as much as I would on SS and food stamps. Especially, when you include buying and keeping up work clothes, lunches, drinks, gas and automobile expenditures, the cost of working actually lowers my income considerably further. And there's no interest for savings anymore, stocks are too risky and bonds too long before maturity.

    I once, was part owner and helped operate a million dollar grossing Optical Retail store in the 80's-90's that was the largest in our city, with only a few independents and smaller chains as competition. People got a great product for a fair price, and we were fanatics about the accuracy, quality and professional skill level we gave to our eye exams and eyeglasses. Most of the frames I sold had either gold filling or gold plating with monel base (non-corrosive alloy) or zyl acetate (high quality plastic). People didn't get skin reactions to the metal frames they use today, with cheap nickel that discolors and turns green or rusts. And the plastic frames didn't break when you bent or sat on them. The lenses were true to their RX within an 1/8 of a diopter and made of either CR-39 plastic, polycarbonate or glass. The aberrations were non existent, as all defects were immediately replaced.

    People and businesses just don't care about the quality of disposable eyeglasses anymore. They change them every year or two for a new style, instead of keeping them for any time. And soft contact lenses, Lasik and other surgical corrections have also taken a big chunk of the market.
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  2. #102
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    Re: #LivetheWage

    Quote Originally Posted by VanceMack View Post
    Of course they do. But thats not really relevant as the article suggested rent was already included in the calculations.

    Minimum wage jobs are just that. Supplemental income jobs, jobs for high school kids and college kids working to earn a few bucks. They are not and have never been meant to provide wages sufficient to provide for a family, nor should they. Perhaps if people really cared about those things there would be a greater emphasis on creating more industry and real middle income jobs, not trying to fix the economy and employment situation by a career as a fry cook.
    I can pretty much agree with your post, here.
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  3. #103
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    Re: #LivetheWage

    Quote Originally Posted by CaptainCourtesy View Post
    As I said to apdst, that really doesn't matter. Getting one check in April doesn't help in October.
    it helped me. Since I could generally rely on about $4.5-5.5K, I knew that I could put that into my annual IRA, and shift the savings that would otherwise have gone into retirement into maxing out kids' education savings accounts; thus freeing up disposable income throughout the year.

  4. #104
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    Re: #LivetheWage

    Quote Originally Posted by cpwill View Post
    it helped me. Since I could generally rely on about $4.5-5.5K, I knew that I could put that into my annual IRA, and shift the savings that would otherwise have gone into retirement into maxing out kids' education savings accounts; thus freeing up disposable income throughout the year.
    This thread isn't about you. It's about people who work for MW; not people who make enough to have an IRA
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    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
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    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  5. #105
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    Re: #LivetheWage

    Quote Originally Posted by sangha View Post
    This thread isn't about you. It's about people who work for MW; not people who make enough to have an IRA

    Actually that particular point was about whether or not having a negative tax rate helped the lower income. And I have saved long term since I rated (and did not take) public assistance programs.

  6. #106
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    Re: #LivetheWage

    Quote Originally Posted by cpwill View Post
    Actually that particular point was about whether or not having a negative tax rate helped the lower income.
    No, it wasn't
    Quote Originally Posted by matchlight View Post
    Justice Thomas' opinions consistently contain precise, detailed constitutional analyses.
    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

  7. #107
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    Re: #LivetheWage

    Quote Originally Posted by sangha View Post
    No, it wasn't
    Actually that was. Feel free to read back and note how you weren't part of it.

  8. #108
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    Re: #LivetheWage

    This is the results from Former Gov. Ted Strickland who also took on the "Live the Wage challenge"

    For all of last week, I worked hard to live on the budget of a minimum wage worker. That meant I had $77 to spend on food, transportation, activities and other personal expenses for the week. I didn’t make it.

    Most mornings started with eggs and toast, bought last Sunday during a grocery trip costing more than $15. Lunches were normally leftovers, macaroni and cheese or McDonald’s. There were no big dinners or coffee stops on a whim. But the challenges were beyond food.

    Wednesday morning, I had a meeting about a mile from my apartment, but in the opposite direction of my office. I would normally take a cab, but this time, I took off my jacket and walked the mile in 90-degree heat, then walked back almost 2 miles to my office. Walking made me late to my meeting, but a minimum wage budget doesn’t allow for extra transportation costs, making it my only option.

    And early in the week when I actually caught a cold, I felt lucky to already have medicine at home that would help with the symptoms. Medicine, along with any other unexpected or additional expenses, often prevents the budget from stretching as far as it needs to stretch. That was a lesson I learned when my budget ran out on Thursday evening.

    These are just some of the small realities I have learned about life on the minimum wage.
    I Tried to Live on Minimum Wage for a Week - Gov. Ted Strickland - POLITICO Magazine

    Was nice to read a follow up on this challenge, and how Strickland tried to make it work.

  9. #109
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    Re: #LivetheWage

    Quote Originally Posted by americanwoman View Post
    From that article:






    If you can't really live it, then it's not really relating. They really don't get it, because they still don't have the stress or worry at the end of the day that's associated with actually living it.
    I've lived it. You literally have to watch every penny because you'll need it for bus fare. If you have a really good week, maybe you can afford a quart of beer, too. It's life. You deal with it. I dealt with it by working harder, getting a second job and eventually moving on to better things by diligently applying myself. But that's how it goes when you're broke, don't have family or friends to get you a union job and are just trying to get going.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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