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Its still possible for someone to survive on minimum wage as long as they get state and federal benefits like:
Section 8 housing
EBT
Medicaid
US taxpayers subsidizing employers who dont want to pay a living wage.
All incomes of the most vulnerable people, whether minimum wage workers, working class people, disabled people, seniors or vets have lagged behind. Thats policy by design. But we can change it if we elect people who are beholden to the people and not the wealthy campaign donors.
Our minimum wage here in IN is still $7.25/hr. Still, the economy has healed to the point that low wage jobs like McDonald's and grocery stores are often paying around $10/hr. That's how it should be - not done by government mandate.
Trailer = (a) depreciating asset
. (b) many trailers (esp older) are not accepted by trailer parks and therefore cannot be moved/relocated if nec
. (c) rising lot rents make trailers unsustainable long-term.
Now I am going to inwestigate the $40,000 trailer because I have a friend who lives in that park.
If that is the case, why do homeowners seem to be exempt from rising housing prices?
Housing prices do increase in accordance with Supply & Demand.
Quote:
Originally Posted by Nema98
This right here. In fact minimum wage adjusted for inflation is behind. Minimum wage in 1969 was much lower, but based on the cost of living was about $11 in 2016 dollars.
Learn the purpose and function of Inflation...
Quote:
Originally Posted by Mircea
The Laws of Economics drive up prices in order to conserve and protect goods, services and resources.
Housing prices do increase in accordance with Supply & Demand.
Learn the purpose and function of Inflation...
I asked "...why do homeowners seem to be exempt" - and homeowners ARE exempt, especially in California. It's only non-owners who are not exempt. Inflation does not equally impact homeowners and renters.
US taxpayers subsidizing employers who dont want to pay a living wage.
All incomes of the most vulnerable people, whether minimum wage workers, working class people, disabled people, seniors or vets have lagged behind. Thats policy by design. But we can change it if we elect people who are beholden to the people and not the wealthy campaign donors.
They aren't subsidizing the employers at all, its the minimum wage employees that are sometimes being subsidized.
Just because someone decides to hire someone, doesn't make them in anyway responsible for all of their bills and living expenses.
They aren't subsidizing the employers at all, its the minimum wage employees that are sometimes being subsidized.
Just because someone decides to hire someone, doesn't make them in anyway responsible for all of their bills and living expenses.
You wonder why employees have no loyalty to their employers when employers have this kind of attitude toward them. People need jobs to live on this meaning they need to make enough to live on it is simple as that.
I asked "...why do homeowners seem to be exempt" - and homeowners ARE exempt, especially in California. It's only non-owners who are not exempt. Inflation does not equally impact homeowners and renters.
You clearly do not know how Prop 13 works. First of all, new homeowners are not exempt. Secondly, it's not just homeowners, but all property owners, that fall under Prop 13.
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Housing prices do increase in accordance with Supply & Demand.
