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In reply to the discussion: WOW: In No State Is a 40-Hour, Minimum Wage Work Week Enough to Afford a Two-Bedroom Apartment [View all]aikoaiko
(34,127 posts)81. I agree, that 40 hours a week is not enough to live on for very long (did you not read that?).
And I apologize for cutting and pasting your username with the OP subject line. I was not intending to indicate that those were your words, but that they were the numbers in the Original Post.
I'll edit it to be more clear.
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WOW: In No State Is a 40-Hour, Minimum Wage Work Week Enough to Afford a Two-Bedroom Apartment [View all]
xchrom
May 2012
OP
The renters, not the rentees.......the property owner. And make sure he pays it, not the rentee.
PDJane
May 2012
#48
No, increasing the minimum wage does NOT increase costs of goods and services.
Zoeisright
May 2012
#112
Increases in minimum wage get spent, then spent again. The money multiplies almost like magic.
tclambert
May 2012
#124
The secret is to simultaneously increase income taxes, on investment income especially
ArcticFox
May 2012
#144
1998 was my first year in Russia, they asked me about the US, I asked them about Russia
HereSince1628
May 2012
#3
Because in the US it's typical not to have everyone in a household sleep in the same room.
HereSince1628
May 2012
#7
and because children are forever, while life-circumstances are always subject to change
SoCalDem
May 2012
#153
I'm not sure a person can afford a two bedroom rent by themselves with a college degree.
dkf
May 2012
#9
Rather instead that government stopped depressing wage earnings which are still insufficient..
Fumesucker
May 2012
#22
By allowing the velocity of money through the financial system to drop too low..
Fumesucker
May 2012
#110
My rent for a 2 bedroom apartment in a very old house (no grounded outlets!) is $615.
Occulus
May 2012
#27
more than 10 years ago is my guess... We renters are all downsizing now to smaller places, paying m
robinlynne
May 2012
#32
Rents in rural ME are VERY affordable--of course, the jobs are few and far between. nt
MADem
May 2012
#148
food for 30.00 a week for oe person is impossible, even sticking to spaghetti and eggs.
robinlynne
May 2012
#104
where I live, in los angeles, a one bedroom is a lot more than 1200! I ahve rent control, and they a
robinlynne
May 2012
#105
You really should have read more carefully, as you completely missed the facts
Egalitarian Thug
May 2012
#73
This came out over a month ago (apparently it didn't find it's way here) and I have.
Egalitarian Thug
May 2012
#87
Good gravy, the median income of all renters has no implied relationship to
Bluenorthwest
May 2012
#102
If you have 2 bedrooms, don't you have 2 wage earners? Either spouses with kids, or roommates?
Honeycombe8
May 2012
#111
You are a (unprintable) (unprintable). Who are you.... Mitt Romney's mouthpiece?
TalkingDog
May 2012
#150
Has there ever been a time when minimum wage was sufficient to rent a 2-bedroom apartment everywhere
slackmaster
May 2012
#54
Because the Kings of Europe were granted ownership of the earth, by God Himself,
Egalitarian Thug
May 2012
#74
I can only guess that not enough have thought it through, or if they have,
Egalitarian Thug
May 2012
#91
You're either very old or have been living under that rock for too long.
Egalitarian Thug
May 2012
#76
I have no problem with raising minimum wage... employees rights should be protected.
OneTenthofOnePercent
May 2012
#97
Bingo - yours might be the most succinct description of the problem I've ever heard:
OneTenthofOnePercent
May 2012
#100
Yeah ... and how are some of those countries doing (fiscally) nowadays?
OneTenthofOnePercent
May 2012
#99
Interesting and progressive work around to this problem... I like it.
OneTenthofOnePercent
May 2012
#160
you know that was the title of the article -- so why you said xchrom -- well, i can guess.
xchrom
May 2012
#79
That's not even their take home pay. After taxes, they'd take home roughly $940/month.
smokey nj
May 2012
#80
I agree, that 40 hours a week is not enough to live on for very long (did you not read that?).
aikoaiko
May 2012
#81
Yes you are. The poster put up the graphic for a two-bedroom, not a one.
Egalitarian Thug
May 2012
#89
They need to stop calling it "minimum wage" and call it what it really is:
Brooklyn Dame
May 2012
#103
The best example of why so many twenty and thirty somethings are still living at home.
sarcasmo
May 2012
#123
I was a college grad working as a consultant and couln't afford a 2bd
taught_me_patience
May 2012
#127
Slave labor is not a very well kept secret. Try arguing a livable wage and see what it gets you.
lonestarnot
May 2012
#141
Most jobs these days are considered "full time" with 30-35 hours IF you can get that many
SoCalDem
May 2012
#151