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liberal N proud

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Member since: Sun Aug 8, 2004, 01:54 PM
Number of posts: 49,080

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What minimum wage buys, then and now

The federal minimum wage was first set in 1938, at 25 cents an hour. Here's a decade-by-decade look, starting in 1950, at the buying power of minimum wage


Often looked to as a model era, the 1950s may have been nearly as picture-perfect as "Leave it to Beaver" seemed to suggest -- minimum wage workers could pay rent for a month for less than a week and a half of full-time work -- or catch Disney's "Cinderella" for just over a half-hour of labor.

•Minimum wage: $0.75 per hour
•Gas: $0.27 or 22 minutes
•Movie ticket: $0.48 or 38 minutes
•Rent: $42 or 56 hours


The beginning of the Reagan era marked the end of even the semi-feasibility of paying the median rent on a single minimum-wage income. A minimum-wage worker could still pay rent with just under two weeks of work (double the recommended ratio). Of course, if you lived in a more-affordable area, you'd be in better shape. In Mississippi, for example, you'd have to put in only 58 hours of work to pay the median rent.

•Minimum wage: $3.10 per hour
•Gas: $1.25 or 24 minutes
•Movie ticket: $2.60 or 50 minutes
•Rent: $243 or 78 hours


Though the housing crash actually made rent more affordable, minimum-wage workers still had to put in 109 hours of work (or more than 60% of monthly income) in 2010. Of course, in cities like New York, the numbers are much higher. In 2010, the New York City-Northern New Jersey-Long Island area had a median gross rent of $1,125, which equals 155 hours of work. Basically, if you worked full-time, didn't eat, commute or pay utilities, and you gave nearly every penny to your landlord, you could just make it in the Big Apple.

•Minimum wage: $7.25 per hour
•Gas: $2.78 or 23 minutes
•Movie ticket: $7.95 or 1 hour, 6 minutes
•Rent: $789 or 109 hours

Posted by liberal N proud | Thu May 10, 2012, 07:43 AM (21 replies)

I just lost my breakfast - Gingrichgh and Batshit Bachmann on Face the Nation

Lying and hipocrisy is suffocating.
Posted by liberal N proud | Sun May 6, 2012, 10:35 AM (10 replies)

Catch last nights Daily Show - NOW!

The interview with two Missouri lawmakers is priceless.
Posted by liberal N proud | Fri May 4, 2012, 06:01 PM (1 replies)

Japan: Tsunami clean-up Then and Now slide show

Posted by liberal N proud | Fri May 4, 2012, 07:13 AM (2 replies)

EPA orders Utah to cut haze across national parks

AP reports -- SALT LAKE CITY -- A U.S. Environmental Protection Agency order will require two of Utah's oldest coal-fired power plants to improve control of pollution that has drastically reduced visibility across a region that includes five national parks and redrock wilderness.

Pollution controls at a pair of PacifiCorp power plants in Emery County "do not comply with our regulations," EPA Regional Administrator James Martin wrote earlier this week in the 79-page order. He signed out the 34- and 42-year-old plants for improvement, rejecting Utah's less stringent pollution controls but upholding broader efforts by the state to reduce haze across southern Utah.

PacifiCorp said it was already upgrading pollution controls at the Hunter and Huntington power plants and planned more improvements by 2014 that would bring them into compliance with the new requirements.

Posted by liberal N proud | Thu May 3, 2012, 03:40 PM (0 replies)

Pictures from the top of WTC

MSNBC has some cool pictures from WTC. One were you can pan around the skyline from the 69th floor.

Posted by liberal N proud | Mon Apr 30, 2012, 03:51 PM (8 replies)

Obama maintains map edge in latest NBC News battleground map

Solid Dem (no chance at flip): DC, DE, HI, ME (3 EVs) MD, MA, NY, RI, VT (70 electoral votes)
Likely Dem (takes a landslide to flip): CA, CT, IL, WA (94)
Lean Dem: ME (1 EV) MN, NH, NJ, NM, OR, MI, WI (67)
Toss-up: CO, FL, NV, NC, OH, PA, VA (110)
Lean GOP: AZ, IN, IA, MO, (38)
Likely GOP (takes a landslide to flip): AL, AR, GA, LA, MS, MT, NE (1 EV), ND, SC, SD, TX (102)
Solid GOP (no chance at flip): AK, ID, KS, KY, NE (4 EVs) OK, TN, UT, WV, WY (57)

Posted by liberal N proud | Thu Apr 26, 2012, 12:42 PM (5 replies)

In continued fear-mongering, the new claim is the Social Security to run dry by 2033

WASHINGTON (Reuters) - The government's retirement benefits programs will run out of money three years earlier than previously thought, its trustees said on Monday, increasing the pressure on lawmakers to reform the federal safety net for millions of Americans.

The trustees said the Social Security fund for retirees will become insolvent in 2033. But it said the Medicare funds will run out in 2024, the same forecast as last year.

The trustees said a key factor in revising the Social Security estimate was the view that Americans' average real earnings were likely to grow more slowly than previously thought, thus crimping revenues from taxes that finance the fund.

"Lawmakers should address the financial challenges facing Social Security and Medicare as soon as possible," the trustees' annual report said. "Taking action sooner rather than later will leave more options and more time available to phase in changes so that the public has adequate time to prepare," it said.


Maybe the lawmakers should put the funds back that they have stolen from it for years.

Posted by liberal N proud | Mon Apr 23, 2012, 03:25 PM (14 replies)

Will the Obama reelection campaign highlight the Republican Blockade?

Will the President going to outline how the Republicans in Congress have blocked appointments and other legislation in his bid for reelection?

Shift on Executive Power Lets Obama Bypass Rivals

WASHINGTON — One Saturday last fall, President Obama interrupted a White House strategy meeting to raise an issue not on the agenda. He declared, aides recalled, that the administration needed to more aggressively use executive power to govern in the face of Congressional obstructionism.

“We had been attempting to highlight the inability of Congress to do anything,” recalled William M. Daley, who was the White House chief of staff at the time. “The president expressed frustration, saying we have got to scour everything and push the envelope in finding things we can do on our own.”

For Mr. Obama, that meeting was a turning point. As a senator and presidential candidate, he had criticized George W. Bush for flouting the role of Congress. And during his first two years in the White House, when Democrats controlled Congress, Mr. Obama largely worked through the legislative process to achieve his domestic policy goals.

But increasingly in recent months, the administration has been seeking ways to act without Congress. Branding its unilateral efforts “We Can’t Wait,” a slogan that aides said Mr. Obama coined at that strategy meeting, the White House has rolled out dozens of new policies — on creating jobs for veterans, preventing drug shortages, raising fuel economy standards, curbing domestic violence and more.

Read more at NY Times: http://www.nytimes.com/2012/04/23/us/politics/shift-on-executive-powers-let-obama-bypass-congress.html?_r=1&nl=todaysheadlines&emc=edit_th_20120423

Posted by liberal N proud | Mon Apr 23, 2012, 06:55 AM (1 replies)

Romney: ‘I’d clean house’ - Secret Service

Romney: ‘I’d clean house’
Republican presidential candidate Mitt Romney, who receives Secret Service protection, has condemned the alleged misconduct, telling radio host Laura Ingraham that "I'd clean house." But he expressed confidence in Director Sullivan.

"The right thing to do is to remove people who have violated the public trust and have put their play time and their personal interests ahead of the interests of the nation," Romney said.


Yeah, that's the right thing to do to an elite trained team who is in charge of protecting you!
Posted by liberal N proud | Fri Apr 20, 2012, 11:32 AM (21 replies)
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