Millions of Americans don’t make enough to survive. I’m one of them. I’ve gone through a couple of job changes and business changes over the
past couple of years after losing my business of 15 years back in 2010. It was my fault. I made a major investment in an attempt to take my business
into a different direction, one I knew little about. The end result…after my whole life of believing I was in total control, reality set in, but
that’s a whole other story that I’m not going to tell here. The point of this thread is to talk about the growing divide between the rich and the
The minimum wage is clearly not enough for anyone to survive on, especially if you have a family to care for. It’s a very sad state that our country
is in and the state continues to worsen. Only a select few who work extra hard or catch a lucky break will ever successfully make the jump into the
Should we raise the minimum wage as the Democratic Party suggests? No. I believe we should lower it. You’re laughing right now because how crazy
this sounds, but let me explain.
I’ve always been very conservative in my view points. I’ve always been a capitalist. I always held true to the idea that those who work hard and
hold on to the dream will succeed. But, that view is fading fast because I’ve learned now that IMO the system is set up so that those of us on this
side of the tracks…stay on this side of the tracks!
Why bother to raise the wages that we make because the cost of just about every thing will rise anyways. It’s true. Down below I will show some
numbers about the rising cost of living since 1980. As our incomes rise, the costs rise even more.
In 2006, there were approximately 116,011,000 households in the United States. 1.93% of all households had annual incomes exceeding $250,000.
12.3% fell below the federal poverty threshold and the bottom 20% earned less than $19,178. The aggregate income distribution is highly concentrated
towards the top, with the top 6.37% earning roughly one third of all income, and those with upper-middle incomes controlling a large, though
declining, share of the total earned income.
And since 2006, the gap continues to widen. When they show us today that things are improving, don’t believe it. It’s only improving for the 6.37%
who earn one third of all income. When you hear about the stock market rising, it’s because those at the top are increasing their wealth and leaving
the rest of us further behind. The Fed prints $35 billion every year that they continue to pump into the market so that the economy doesn’t
collapse. But what is happening? This money isn’t circulating in the general economy where the average folk are shopping, eating out and paying
their bills. No…it’s circulating at the top making those filthy rich get richer. All the while, those every day Americans continue to
suffer…losing their homes, their vehicles, unable to pay simple household bills, etc. Homelessness in this country is rising and it’s not because
people are lazy…it’s because there aren’t enough jobs there that folks can actually make enough money to take care of their families.
Once again, I ask, why bother to raise our income wages only to have the cost of living increase even more, only benefiting the elite as they make
more profits. I say instead of raising the minimum wage, let’s knock it back a few decades. Let’s go backwards and give the elitist corporate
owners no choice but to lower their prices. If we simply can’t afford to buy products, the price has to fall. It’s called supply and demand.
Currently, we have no choice but to buy, buy, buy. We need to live so we need food, common household products, vehicles, gasoline, clothes on our
backs, etc. As long as they know this, they will keep the prices just high enough that what ever money we make, we have to spend in order to live!
The cycle won’t end and the gap will continue to widen until one of two things happen…we become slaves or we rebel!
Here are some numbers
1980 / 1990 / 2000 / NOW / Increase
Minimum wage $3.10 / $3.80 / $5.15 / $7.25 / 234%
Real value $5.90 / $4.56 / $4.69 / $4.87 / -121%
New car $7,210 / $16,000 / $24,750 / $31,252 / 433%
Monthly Rent $243 / $447 / $602 / $800 / 329%
Stamp 15 cents / 25 cents / 33 cents / 45 cents / 300%
Gallon of gas $1.25 / $1.16 / $1.26 / $3.25 / 260%
Dozen eggs 91 cents / $1 / 89 cents / $2.68 / 295%
Gallon of milk $2.16 / $2.78 / $2.88 / $3.43 / 159%
Loaf of bread 50 cents / 70 cents / $1.72 / $2.79 / 558%
Pound of beef $1 / 89 cents / $2.79 / $3.99 / 399%
Movie ticket $2.69 / $4.23 / $5.39 / $8.05 / 299%
Disney World 4-day (1982)$45.00 / $104 / $176 / $277 / 616%
As you see these numbers and their increases you have to wonder how anyone can survive. I know that most people who work make more than the minimum
wage, but not much. I myself make much more than the minimum wage but I have a wife and three small children…and I tell ya, I need to make twice as
much as I do to even start feeling like I’m living the American dream. The point is…I don’t even know how a single person could live on $10 an
hour in today’s day and age with the costs of just about every thing. A family of four is going to spend $20 just to go to McDonald’s now a days,
unless you pound the dollar menu, then you might cut it down to $12.
One other note on this is if I went back even earlier than 1980, the price differences are even greater.
Now I know the idea to actually lower wages is crazy and would never happen. The idea of this thread is more to show how the gap is widening between
the upper and lower classes and the middle class soon won’t exist. I believe when you look at the big picture, it’s intended to stay this way and
this is a bi-partisan issue…
The rich get richer and the poor…well, you know the story.
Oh yeah...Merry Christmas all. Hope your holiday was grand!
edit on 25-12-2013 by Rezlooper because: (no reason given)
edit on 25-12-2013 by Rezlooper because: (no reason
edit on 25-12-2013 by Rezlooper because: (no reason given)