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2/13/2013 5:22:52 PM
61
Obama To Push For Minimum Wage Increase
[url=http://money.cnn.com/2013/02/12/news/economy/obama-minimum-wage/]From his State of the Union[/url]... up to $9/hour. Some states already have minimums above this.
What do you think pseudo-economists of Bungie.net? Good idea or bad idea?
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9 RisposteModificato da Comrade Napoleon: 2/14/2013 12:59:56 AMAssuming someone works 40 hours a week at the current federal minimum wage, which is $7.25, the take home pay after taxes for someone with no dependents is [b]$13,926[/b] a year. How people pay for food, rent, utilities, a phone (yes you twats a phone is a necessity in the 21st century) and other expenses is beyond me. If it is raised to $9.00 per hour, yearly salary in the same above conditions is [b]$17,133[/b]. For someone living on that threshold, that's going to make a huge difference. So in the end, a raise in the minimum wage is something that we've been needing for quite some time now.
