What exactly is a "Living wage"?
- Thread starter vindex1963
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I don't expect a person with little or no experience, and possibly less than a high school graduate to be able to earn much more that the minimum wage. Very difficult to impossible to support a family, living quarters and food.
But you are and that is not changing as it is defined as infrastructure now.
Does it irk you my mother law gets it free who lives under poverty line prettty much her whole life? Initially she qualified for $10/month service on Xfinity but able to apply for that to be covered.
Yes; I realized after posting. I corrected my earlier posts.
I see your point, but Internet access would likely be a great investment. Education, e-commerce, BITOG...
With the advent of AI, medical treatment access could open up and cost go down.
People seem to look at the cost, which is certainly important. I am a long term investor. Unless we greatly improve education, we are giving away the future to our enemies.
I don't know what the answer is. Min wage here won't cover rent,car,ins,food etc. We don't have public transportation to speak of.
Most places will only work an employee 32 hrs to get away from having to supply some sort of insurance for the employees.
The clown that got my cousin into trouble gets $22 an hour to flip burgers @ McDonald's and that's not enough to live on here. Much worse cost to live in critics area where houses are in the millions.
Most places will only work an employee 32 hrs to get away from having to supply some sort of insurance for the employees.
The clown that got my cousin into trouble gets $22 an hour to flip burgers @ McDonald's and that's not enough to live on here. Much worse cost to live in critics area where houses are in the millions.
But all kinds of things could be offered as "free" that might be interpreted as an investment. Doesn't mean the HAVES should pay for the HAVE NOTS. With all the available jobs out there, no reason internet access should be "free". Some of the so-called poorest people I know have $500-$1200 smart phones. How does that happen?
The infrastructure for the internet is one thing.....but to provide smart phones/computers and "free" service is quite another. And no, it doesn't irk me if a business decides to provide discounted or "free" internet.
The race to the bottom.
What do you think it costs for a "have not" to show up in an emergency room? This is the kind of cost I want to deal with.
The Internet holds the promise to open up education for many. We need educated people.
Regarding cell phones, you might ask them; I don't know. I imagine someone bought them for them.
There are no easy answers, but the Internet is, IMO, a good investment.
If I want to “buy” a house around here I am competing with 5 businesses and some non-citizens
Most of the houses seem to be selling to non-humans then going up to rent.
No they are not, it is a matter of interest rate and monetary supply. This has been happening all over the world. When you increase money supply (print money, lower interest rate, same thing), those money will find a way to buy something with future return instead of just sit there. In theory it should help improve the economy but definitely a lot of them will come back as real estate and other asset inflation.
Before you blame the landlord, I can tell you the return of rental is LOW. Sometimes you can say it is even lower than putting the same money in the bank to collect interest from a CD. I think most landlord makes their money from hedge against inflation and rental income after mortgage can be near zero, definitely below CD interest if you have a mortgage.
Nothing is essential as far as I am concerned except for those to find a way to provide it themselves. But to get to the core of life, food and shelter are the essentials one needs.
In the USA we provide that and luxuries like cell phones, emergency health care and internet.
No one has a right to any of this but as a country the taxpayers provide it which is fine you have your chance at life, the rest is up to you, sink or swim, swimming has never been easier in the history of mankind because of the United States of America
The answers are easy. It’s all up to you.
Went to a NorthEast McD's last week, $28 for 3ea Filet of fish, 1 med fry, 1 med coke. There were multiple forms of tax on the receipt.
Just 4 years ago, that would have been $11 in Florida. $2 and change for each FoF, and 1 meal for $6 and change.
Any way you slice it, the $25/hr thing has doubled the price.
They advertise $25/Hr.
Why take on all the financial risks and liabilities if rental return is LOW ?
I have to admit I don’t like the idea of being landlord due to all the laws that work against you and your property….. like the 3 year rent moratorium in California.
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Yep....it's ridiculous.
I think personally the food is garbage at $12 and hopefully people reconsider their diet choices at $28.
Some people like investment they can see and understand, some people just love the concept of being a landlord, some bought a new home but don't want to sell the old one for many reasons.
Large commercial development is different, they build for high end and charge for high end, nobody gets rich building affordable and charge affordable.
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