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originally posted by: Aazadan
originally posted by: strongfp
"Yea just work hard and you'll get there!" Says only the people who got lucky in the upper / middle class people.
Let me share a story with you. Growing up, I had the best grades in school, possibly the best grades in the state, nearly perfected my ACT's. My family was split, my mom who I lived with 4 days the week was working class. My dad was the CEO of a major business you have definitely heard of. Between my grades and the money, I had a lot of options in life. So what did I do? I went to a lower tier school that accepts anyone, never submitted my ACT's. Never took family money to pay tuition. Lived under a bridge for a couple years because it was tuition or shelter.
Things eventually got better over time, but I continued to goto school debt free (doing so by paying as I go). The end result is that it took me from 19 to 36 to finish... 17 years. In that time I obtained 7 degrees in Computer Science, Simulation and Game Engineering, Business, Interactive Digital Technology, Computer Graphics, Web Programming, and Math.
Finished my schooling and got recruited right out of university by a company I never applied to, but that had heard of me. They wanted me to the the head developer for a whole new product family of VR content. So I did that, and I've been working there for a bit over a year now. My salary is 6 figures in a low cost of living area. It's comfortable enough for now.
Now, here's the twist in my story. Remember how I mentioned my family has money? I've got a trust fund worth over $20 million that I can access any time I want. If it were what I wanted I could avoid working every day for the rest of my life. But, that's not what I want. I would rather prove that I could do it without those advantages because I don't believe in the concept of generational wealth.
originally posted by: CB328
You really don't need any more proof of the failing of capitalism than this. At a time when corporations and CEO's are raking in gigantic profits, the people actually doing the hardest and worst jobs can't even afford an apartment. We hear a lot of proganda on here about how capitalism provides for people so well and creates so much prosperity. The truth is it creates prosperity for those at the top by destroying and enslaving those at the bottom. How is this any different than communism? It's just slavery with lipstick.
A minimum-wage worker needs 2.5 full-time jobs to afford a one-bedroom apartment in most of the US
www.yahoo.com...
Minimum wage was never intended to be able to independently support a person...Minimum wage is for high school and college kids who live at home supported by their parents...
originally posted by: Allaroundyou
$2,575.48.......Wait a second the number provided from the labor department says that the average American worker makes over 50k a year.....?....NO
The numbers are a joke and if you believe them you maybe fall into a certain category of stupidity.
originally posted by: c2oden
In most places in the US, $200,000 is a very nice house.
originally posted by: SocratesJohnson
Let me move all the straw away from this post...
Minimum wage is mainly for 2nd or 3rd job positions in a house hold
If there is not something seriously wrong with someone, they move off of minimum wage within 90 days
Now, someone can put the extra straw into another strawperson arguement
originally posted by: Vector99
Ok Time to call bullshiz for bullshizz.
2.5 full-time jobs = 100 hours a week
Federal minimum wage is $7.25
Lets for the sake of argument eliminate overtime wages, ok?
100 hours per week at minimum wage would equal $725 per week in income.
Who is struggling on $725 a week income? Please show me this demographic.
originally posted by: Ahabstar
I will be fair here. The old wisdom is that housing should be 1/4 of your income.
originally posted by: Iscool
Minimum wage was never intended to be able to independently support a person...Minimum wage is for high school and college kids who live at home supported by their parents...
originally posted by: fleabit
I myself now work for a company that adopted a new trend of unlimited vacation time. No accrual.. no vacation time paid if you leave the company, and for many professionals, you can't take time off. I've had I think 3 non-holiday days off in two years, usually taking a day off around a holiday to get a "mini" 4 day vacation. Other countries force you to take time off. In the U.S. you are considered weak or a liability if you dare take time off. It's a weird and screwed up mindset driven by profit.
Throughout industry, the change from starvation wages and starvation employment to living wages and sustained employment can, in large part, be made by an industrial covenant to which all employers shall subscribe. It is greatly to their interest to do this because decent living, widely spread among our 125, 000,000 people, eventually means the opening up to industry of the richest market which the world has known. It is the only way to utilize the so-called excess capacity of our industrial plants. This is the principle that makes this one of the most important laws that ever has come from Congress because, before the passage of this Act, no such industrial covenant was possible.
originally posted by: toysforadults
I've worked next to a CEO of a 250 million dollar a year company and trust me when I tell you he did nothing extrodinary but inherit the company from his father