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Eateries in Seattle are beginning to shutdown as $15 dollar minimum wage looms


Quote:No, I don't.


40 hrs a week at $15/hr works out to be about $400 dollars a week and that's well above minimum wage.


$1600/mth barely covers rent in most areas.


The problem is wages and jobs.


Edit: and my grandfather lived through the depression. Makes a lot of comparisons to then and now.
 

Your math is flawed.  40 * 15 = 600.  That amounts to $31200 per year.  At that wage, a person effectively doesn't pay income tax, especially if the person is married and it's a single income household.  If the person happens to have a child, they get the Earned Income Credit (EIC) and pay virtually no taxes at all.

 

It's easy to say that it was easier back in the day prior to 1980 for a family to live on one income, but a lot has changed since then.  There was no satellite/cable television, no cell phones, no internet, etc.  Heck, even having a color tv was considered a luxury.  There was no such thing as a microwave oven.  There were no ATM's and people actually saved money and thought twice before going to the bank to withdraw money.

 

There was a story that ran in the paper a few years back about a woman that was complaining that she wasn't getting a break from the local utility company, and was concerned about keeping her home heated.  In the background was a large flat screen television complete with DVD player and a gaming console.  I would wager that said television, gaming console, etc. was probably bought with a "tax refund".

 

Perhaps priorities in our society are flawed more so than the wages paid by employers.



There are 10 kinds of people in this world.  Those who understand binary and those who don't.
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Eateries in Seattle are beginning to shutdown as $15 dollar minimum wage looms - by jagibelieve - 03-17-2015, 06:34 PM



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