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Old 02-05-2016, 10:19 AM
 
662 posts, read 478,206 times
Reputation: 1690

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Well, this thread has certainly changed.

An important factor to consider in regards to pay is that the rich and near-rich are taking more and more for themselves and paying less and less. And then saying 'let them eat cake' while grumbling about the necessity of the likes of Obamacare.

In the 1960's the average CEO salary was about 20x the average employees salary:

CEO Pay Continues to Rise as Typical Workers Are Paid Less | Economic Policy Institute

Scroll down to the chart.

Today, the average CEO salary is about 300x the average employees salary.

They're taking more, paying less because they can. And then, some of the very richest, such as Bill Gates and Warren Buffett seem to be oh-so-philanthropic as they give away money, and dodge taxes, so they can feel good about themselves and choose to help where they want to help. But they don't want to dip into their billions to pay a fairer wage: Better Than Raising the Minimum Wage - WSJ Instead, they want to mess with taxes. Again.

To heck with their "causes" and manipulation.

Let's acknowledge that going from earning 20x the average worker's salary to 300x is obscene. KISS.
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Old 02-05-2016, 10:20 AM
 
35,108 posts, read 40,238,434 times
Reputation: 62055
Part of the title of your thread may be true that you are too poor to retire however, no one is too young to die.
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Old 02-05-2016, 12:47 PM
 
662 posts, read 478,206 times
Reputation: 1690
I wasn't going to post here in regards to the original topic, because I thought it had been said, many times, that the author of the article was the person feeling bad for the people in the story; and also that the people had made bad choices. I do believe both those points are spot on. But I'd like to add this now:

How in the world does anyone living that lifestyle for years NOT know that New Mexico has a non-resident camping pass for their state parks for the whopping sum of $225 a YEAR. EMNRD State Parks Division That's your "rent" for a year.

Now, if you want hook-ups (your utilities) that's another $4 a night. And if you want to have utilities every night (not necessary in NM, which has high elevation and really you'd only need utilities in the winter and perhaps some other times when it's hot...but not always), then both your "rent" and "utilities" for a full year would be $1700. A YEAR.

You do have to move every two weeks. So a job would be tricky. However, you could get a volunteer position with the parks as a camp host (or other positions) and get free rent and utilities in return for 24 hours of work a week. EMNRD State Parks Division - Volunteer

Which means you could have another job on the side, earning money, and have NO rent or utilities to pay at all.

So, in so far as their particular stories are concerned, the above is just ONE way they could have done much better. There are many other ways too. And I say this lest their be some excuse for why they wouldn't want to be in NM. Which, who knows, maybe there's a valid reason. But there are plenty of other places they can do this (camp host) as well as earn money.

Don't even get me started on the estimate of $1000s for the water pump in the story. To me, that just smacks of Rip-Off World...opps, I mean Camping World, who will charge you $100 to come out the the parking lot to look at your rig and what you get for that is simply a look at the guys butt crack and him saying "Yep. It's broke. Gonna cost X thousand dollars. An' if'in you don't do it here, I'll need $100 for coming out here."

The characters in the story aren't thinking or planning.

I just wanted to add this to the post about CEO's salaries. Since the thread is now about two things.
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Old 02-05-2016, 01:43 PM
 
5,426 posts, read 3,449,470 times
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$60,000 is not considered to be low pay by many people......even after 34 years.
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Old 02-05-2016, 02:32 PM
 
Location: Tennessee
23,581 posts, read 17,567,761 times
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Quote:
Originally Posted by matisse12 View Post
$60,000 is not considered to be low pay by many people......even after 34 years.
I think Escort Rider is in southern CA. The COL there is high. While certainly not a pittance, that money doesn't go very far compared to most other areas of the nation.
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Old 02-05-2016, 02:44 PM
 
5,426 posts, read 3,449,470 times
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I am fully aware that Escort Rider lives in Los Angeles. I stand by my statement.

Last edited by matisse12; 02-05-2016 at 03:21 PM..
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Old 02-05-2016, 02:53 PM
 
Location: Tennessee
23,581 posts, read 17,567,761 times
Reputation: 27672
Quote:
Originally Posted by matisse12 View Post
I am fully aware that Escort Rider lives in Los Angeles. I stand by my statement.
I just looked at a CNN COL comparison tool and it said 60k in LA is about 40k here in Indy. Truth be told, I bet it's actually less in reality. For someone with decades of experience, it's a low salary.
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Old 02-05-2016, 03:23 PM
 
5,426 posts, read 3,449,470 times
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Not only does Escort Rider have a $56,000 per year pension in retirement from the teaching job which is large, he also owns a fully paid off condo in Los Angeles.
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Old 02-05-2016, 03:31 PM
 
Location: Near Manito
19,520 posts, read 20,903,075 times
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Sorry to veer off-topic, but the title of this thread reminded me of the Texas politician who descrbed himself as " too young for Medicare and too old for women to care."
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Old 02-05-2016, 03:50 PM
 
Location: Idaho
1,454 posts, read 1,155,024 times
Reputation: 5492
I have no ideas how and why this thread had diverged to discussion about public employees and teachers' salaries!!!!

Back to the original post and the stories in the linked article, It does not appear to me that the writer was trying to elicit sympathies from the readers and none of the featured women or men were asking for help or whining about their situations. At first, I was surprised to read about the 1st woman's $20+ prime rib dinner and the fact that she had spent $100 for an art tour instead of going to the dentist. Then I thought it was admirable that the writer just reported things 'as is' without picking and choosing information to fit a predetermined 'theme' or agenda.

Nobody is perfect, make the right choice or 100% logical decision all their life. We are the product of our upbringing and limited by our psychological/emotional makeup. In trying to understand people, I always think of my basic psychology lesson about the id, ego and superego. All our life actions are pretty much governed by the combination of these 'forces'. For some people, either because of their brain structure, hormonal influence or whatever, their 'id' part is quite strong. They can be quite impulsive and gravitate strongly towards instant gratification. For others, the ego or super ego can the dominant forces. Of course, we all tend to think highly of ourselves and quick to judge others who think or act differently!

I think I should stop all of this psychological 'babbling' here. All I want to say is that the people portrayed in these articles are just 'real' people. They have their weaknesses and strengths. Some of them clearly had made some questionable choices, committed 'financial suicide' (to borrow a term frequently used by one of posters here!). Their own actions in combination with bad luck had led them to undesirable living conditions. What impresses me the most about these women and men is their resiliency, their willingness to soldier on, to work hard. They did not ask for hand out or sympathies, they are doing menial and hard work everyday in what is supposedly to be their 'golden' years. I hope that some good luck will come their way such that someday these 'hardy' women and men can finally have their retirement.

Last edited by BellaDL; 02-05-2016 at 04:42 PM..
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