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| Minimum Wage; ..for your consumption | |
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| Tweet Topic Started: Jul 16 2013, 01:14 PM (1,719 Views) | |
| HoosierLars | Jul 21 2013, 11:58 PM Post #136 |
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3 in a row
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So I assume you will refuse to answer the simple questions. |
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| sirbrianwilson | Jul 22 2013, 12:45 AM Post #137 |
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Stemlerite
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wow. talk about backpedaling sad. br |
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| yawnzzz | Jul 22 2013, 06:10 AM Post #138 |
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Coach
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It would be a slight step better than today. I don't think the government would do a very good job at using them in a productive manner though. They'd likely just require them to work a couple hours of community service each week. If they did much more than that, you'd see a new federal department spawning to manage these new 'employees', and I wouldn't expect it to be profitable. |
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| Mr Gray | Jul 22 2013, 07:43 AM Post #139 |
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Coach
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All he did was ask a very relevant follow up question for those of you who think the minimum wage should be raised. How is that back pedaling? |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| sirbrianwilson | Jul 22 2013, 08:50 AM Post #140 |
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Stemlerite
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defer! defer! defer! br |
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| eelbor | Jul 22 2013, 08:50 AM Post #141 |
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Zen Master
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While I really do not think it is would be fun, and would not want to try it... The rent listed is $600. I can find bedroom rentals for $250-400 all utilities included. So that saves $300 a month on the McDonald.s budget. http://tulsa.craigslist.org/roo/3897611874.html Minimum wage people are not going to be able to save $100 monthly, so that is +$100 a month The Tulsa Transit 31 day unlimited Bus pass is $40 Monthly. With that I can Save the $150 car payment and the $100 car insurance. There is +$210 a month. Cable is included in the room above and I can get a cheap cell phone plan on ATT for $39.99 a month, so there is +$60 off their $100 budget. All Utilities are included so +$100 on electric That is a quick reduction of costs from there budget of $770 without even trying hard. Job at McDonalds. 1105.00 -$300 rent -$40 bus pass -$40 cell phone -60.62 (mcdonald's lowest health insurance plan) ____________ $662 That leaves about $662 for the rest of your expenses on a single minimum wage job for the rest of the month. The leaves 22 dollars a day. That is a lot of ramen noodles and eating at work. Will life be good? No. Can it be done? Well maybe, as a single. I for one do not expect a Mcdonald's minimum wage job to pay my life expenses. |
![]() "Liberal, shmiberal. That should be a new word. Shmiberal: one who is assumed liberal, just because he's a professional whiner in the newspaper. If you'll read the subtext for many of those old strips, you'll find the heart of an old-fashioned Libertarian. And I'd be a Libertarian, if they weren't all a bunch of tax-dodging professional whiners." - Berkeley Breathed Meat is Murder. Sweet, delicious murder. | |
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| sirbrianwilson | Jul 22 2013, 09:34 AM Post #142 |
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Stemlerite
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That's all fine and dandy except for the fact that your calculations budget on gross pay for minimum wage at 40 hrs a week. In reality, your monthly net income would be $887.12 for minimum wage (based the tax numbers on Oklahoma, which appears to be where you found the apartment online). That's $217.88 less. So, despite the great find on the apartment and owning/living on next to nothing already, your daily expenses would be reduced to $14.80. That is not livable. God forbid someone gets pregnant. Oh wait, that never happens right? br |
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| brumdog44 | Jul 22 2013, 09:38 AM Post #143 |
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The guy picked last in gym class
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Eel -- where are you getting the $60 drop in health insurance? The chart has health insurance a ridiculous $20 per month....so would the McDonald's cheapest health insurance not be a cost increase? And tat wouldn't cover copays or prescriptions. |
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| Mr Gray | Jul 22 2013, 09:39 AM Post #144 |
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Coach
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brian, you need to bust out a calculator before you rant. The $1,105 figure was already factoring in a 12% tax rate, which is more than sufficient to use as a calculation for that income level in our tax system. The gross pay would have actually been $1,256.67 per month. |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| sirbrianwilson | Jul 22 2013, 09:40 AM Post #145 |
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Stemlerite
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All broke people are healthy, brum. br |
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| sirbrianwilson | Jul 22 2013, 09:42 AM Post #146 |
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Stemlerite
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http://www.paycheckcity.com/covaliant/netpayHRatescalculator.asp |
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| brumdog44 | Jul 22 2013, 09:46 AM Post #147 |
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The guy picked last in gym class
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Bri, the chart is for net, to gross pay. However, the chart was for Illinois, not Oklahoma. Minimum wage is $8.25 in Illinois. It's $7.25 in Oklahoma, so you actually have to drop $130-$140 post tax to to monthly income. |
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| realtivelynew | Jul 22 2013, 09:47 AM Post #148 |
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Coach
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MMM $6 Big Macs. But hey. I need to make sure she has cable and god forbid gets pregnant |
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| brumdog44 | Jul 22 2013, 09:50 AM Post #149 |
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The guy picked last in gym class
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Big Macs are $6 where you live? Anyway, if I do eat at MacDonald's, I usually get the McChickens off the value menu. |
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| realtivelynew | Jul 22 2013, 09:51 AM Post #150 |
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Coach
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So you dont think that McDonalds will pass off the higher payroll onto the consumer? |
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