Analyzing A Practical Minimum Wage

Jackinthebox

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Nov 30, 2014
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On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
Minimum wage is to protect entry level workers.

It is not the ticket to a middle class life.

Nobody is supposed to raise a family on minimum wage.
Get fuckin' real.
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
Minimum wage is to protect entry level workers.

It is not the ticket to a middle class life.

Nobody is supposed to raise a family on minimum wage.
Get fuckin' real.

Doesn't say anything there about living middle class or raising a family. Those numbers are for a single person, living on their own, to meet basic living expenses.
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America


Not this shit again.....do you honestly think you're bringing something new to this board?
Same old tired shit from the left.
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
Minimum wage is to protect entry level workers.

It is not the ticket to a middle class life.

Nobody is supposed to raise a family on minimum wage.
Get fuckin' real.

Doesn't say anything there about living middle class or raising a family. Those numbers are for a single person, living on their own, to meet basic living expenses.
I am single, live nicely on HALF of that each month.
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
Minimum wage is to protect entry level workers.

It is not the ticket to a middle class life.

Nobody is supposed to raise a family on minimum wage.
Get fuckin' real.

Doesn't say anything there about living middle class or raising a family. Those numbers are for a single person, living on their own, to meet basic living expenses.

Ride the fucken bus and dont spend 400 for miscellaneous bullshit and you'll save 900 bucks a month.
 
Not this shit again.....do you honestly think you're bringing something new to this board?
Same old tired shit from the left.

This isn't about left or right. This is about good economic policy. And I am not talking from any moral pulpit here either, saying oh poor workers, they deserve better, boo hoo. Any savvy small business owner will also support a strong minimum wage, knowing that more money in the pockets of workers, means more customers spending more money.
 
On this page, we will itemize a sample budget for a single person in order to analyze what a fair standard would be for a minimum-wage worker. It is our position that a person working eight hours a day, five days a week, at any job, should be able to support themselves to a minimum basic standard of living. This practical wage is necessary in order to elevate the class of working poor to contributing members of society. Working for anything less than what is needed to subsist on independently, is nothing short of slavery.

All figures are based on national averages, for a Federal standard.


RENT ------------------------------$1000
BASIC UTILITIES --------------$200
ADVANCED UTILITIES ------$150
FOOD ------------------------------$300
NON-FOOD GROCERY -----$50
CLOTHING -----------------------$75
TRANSPORTATION ----------$500
HEALTHCARE -----------------$350
MISCELLANEOUS -----------$400
------------------------------------------------------
Average Basic Monthly Expenses $3,025

A full-time job at 40 hours per week is 173.2 hours per month calculating 4.33 weeks in each month. To find a reasonable minimum wage, we divide the average basic monthly expenses figure, by the number of hours worked. For the average American worker to support themselves without government assistance or by borrowing beyond their means, that worker must earn...

$17.47 per hour

Of course, that figure must be after all taxes and contributions are taken, or that anyone earning that amount must be exempt from all such garnishments and liability. A person who cannot even afford to pay their own way, cannot afford to pay taxes. Forcing them to pay taxes that will jeopardize their basic standard of living, is unsound economics and in the long run will only force other taxpayers to subsidize those workers, in turn jeopardizing their own living standard, in a perpetual cycle that we see happening today as more workers descend into deep poverty.

If $17.47 per hour seems unreasonable to you, or just downright impossible, consider a few more facts. There was a time when a grocery clerk, or a department store salesperson could actually support themselves on what they earned. That is not so today.

Using data by the U.S. BLS, the average productivity per American worker has increased 400% since 1950. One way to look at that is that it should only take one-quarter the work hours, or 11 hours per week, to afford the same standard of living as a worker in 1950 (or our standard of living should be 4 times higher). Is that the case? Obviously not. Someone is profiting, it’s just not the average American worker. -Source

Based on consumption growth since 1968, the minimum wage today would have to be $25.05 to represent the same share of the country's total consumption. Based on national income growth, the minimum wage should be $22.08. Based on personal income growth, it should be $21.16. -Source

After adjusting for inflation, minimum wage workers today are paid about 26 percent less than they were in 1974.

At the top 1 percent of the American income distribution, average incomes rose 194 percent between 1974 and 2011. Had U.S. minimum wages risen at the same pace as U.S. maximum wages, the minimum wage would now be $26.96 an hour. -Source



Here is a detailed description of how we arrived at our sample budget figures:

Read more: Analyzing a Practical Minimum Wage Minimum Wage Workers Union of America
Minimum wage is to protect entry level workers.

It is not the ticket to a middle class life.

Nobody is supposed to raise a family on minimum wage.
Get fuckin' real.

Doesn't say anything there about living middle class or raising a family. Those numbers are for a single person, living on their own, to meet basic living expenses.
I am single, live nicely on HALF of that each month.
Your job should be illegal!!
 
I am single, live nicely on HALF of that each month.

Possible. But you are not the average American worker. Maybe your rent is a lot cheaper, maybe you have other advantages that we don't know about. The figures presented there are for a national average.
 
Ride the fucken bus and dont spend 400 for miscellaneous bullshit and you'll save 900 bucks a month.

That was already factored in to the analysis.

Riding the bus wont run you 500 a month. And what the hell are you buying thats "miscellaneous" that costs you 400 a month? Let me guess...weed.

This isn't MY budget. These are national figures and recommended economic practices. Miscellaneous costs can be any number of things from a traffic ticket to a fender bender to a flooded out apartment to school supplies.
 
Ride the fucken bus and dont spend 400 for miscellaneous bullshit and you'll save 900 bucks a month.

That was already factored in to the analysis.

Riding the bus wont run you 500 a month. And what the hell are you buying thats "miscellaneous" that costs you 400 a month? Let me guess...weed.

This isn't MY budget. These are national figures and recommended economic practices. Miscellaneous costs can be any number of things from a traffic ticket to a fender bender to a flooded out apartment to school supplies.

So how exactly do you get a traffic ticket or a fender bender when you take the bus?
You will get blown up on this thread. But to tell you the truth it wont be from me because I'm sick of rehashing the same shit every time we get a newb.
I'll just sit back and laugh as you as you try and justify your ridiculous assertations.
 
Interesting that there is a calculated a basic average monthly expense of $3,025
My net expenses are far below that and my net income is far above it.

Rent of $1000 seems quite high, my mortgage is $500 and my daughter and son-in-law just bought a house with a mortgage of about $850.
Transportation of $500 per month also seems quite high, does everybody drive a Mercedes Benz? Maybe my transportation costs are much cheaper because I pay cash for used cars instead of financing.
$350 a month for health care? Are these people in cancer treatment? Including health insurance and medical bills I spend about $250 a month and that includes a weekly surcharge of $23 because I use tobacco.
Are "Advanced Utilities" a necessary expense or want?
What is the miscellaneous $400? On average, I probably spend about $1000 a month for miscellaneous items (tribal artifacts, fossils, antiques) but only because I can afford to do so.
 
Ride the fucken bus and dont spend 400 for miscellaneous bullshit and you'll save 900 bucks a month.

That was already factored in to the analysis.

Riding the bus wont run you 500 a month. And what the hell are you buying thats "miscellaneous" that costs you 400 a month? Let me guess...weed.

This isn't MY budget. These are national figures and recommended economic practices. Miscellaneous costs can be any number of things from a traffic ticket to a fender bender to a flooded out apartment to school supplies.

So how exactly do you get a traffic ticket or a fender bender when you take the bus?
You will get blown up on this thread. But to tell you the truth it wont be from me because I'm sick of rehashing the same shit every time we get a newb.
I'll just sit back and laugh as you as you try and justify your ridiculous assertations.

There's no bus where I live. And even in places where there is a bus, it often doesn't run late enough to get people to and from late shifts.
 
So why should everyone be forced to confirm to the average?

Paying workers less than they need to live on creates a permanent welfare class.


"The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees." -Cornell University Law School, Legal Information Institute

But, as you just acknowledged, some can live for less than others. Why force everyone to follow the same standard? Also, what about people who don't need anything at all? Is volunteering illegal in your great society?
 

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