Home |
Search |
Today's Posts |
#18
![]() |
|||
|
|||
![]() wrote in message oups.com... . My daughter is making $10/hour at a part time job she has while attending OSU. My son made $9/hour painting houses as a summer job. Both jobs pay/paid well above minimum wage. Thank yoy for reinforcing my point. Take your son, as an example. He was working at a skilled trade, and paid at a rate that would gross him $18,000 a year if he worked 50 40-hour weeks. It's a fairly safe assumption that your son got very few, (possibly no) fringe benefits as part of the deal- so the employer's cost was probably under $10 an hour with FICA, your state UE tax, etc. What sort of lifestyle would 18,000 a year provide anybody? Let's figure that after very minimal deductions for income tax and Social Security, a full-time house painter in your community takes home $1350 a month from a $1500 gross. If you have a state income tax, the amount could be less. (in reality, I bet there is very little exterior house painting done in your climate for several months each winter, so the house painter would be laid off and earning $zero- or probably working at whatever menial task was available- for part of the year.) From the $1350, deduct a flophouse rent. What is that in your area? Let's say $450 to rent a dirty little apartment in a questionable neighborhood or to split rent with a buddy on a decent place. Down to $900 bucks. Employer doesn't provide transportation to the job site so the housepainter needs a car. Figure $100 a month (average) in repairs to a wretched old beater and 50 gallons of gas per month at $3, and you're down to $650. Car insurance would be another $50 a month, but the housepainter will drive around without because he's got nothing to lose in a lawsuit and he can't afford to take $50 out of his $650. The housepainter does need to keep the lights on in his crumby little apartment and keep his cell phone going so he can take calls from the boss telling him where to go and paint the following day, so let's figure he keeps most of the lights off most of the time and gets by for $100 a month in utilities. Down to $550. A housepainter is going to burn up a lot of calories in a day, so there will be some grocery expense each week. I think a single guy can get by on about $7-8 a day if he eats a lot of rice and beans and maybe some cheap ground beef. Down to $300 a month, so out of the remaning $75 a week the housepainter needs to be totally responsible for all his medical and dental bills, maybe put aside something so he can take a college class once in a while and become better educated, gawd forbid buy a ticket to a movie or a ballgame or some other frivolous pastime once in a while, keep shoes on his feet and clothes on his back, and, of course, save for retirement. I wish him good luck. Maybe after 40-50 years he can save up enough capital to start his own business. Oh, wait.......he'll be 70 years old.......never mind...... Why can an employer, billing you son's time at $50-60 an hour or more, get by with sharing only $10 (including taxes) of that $50 or $60 with your son? It is precisely because that $9 wage *is* well above minimum. Despite the fact that nobody can live any sort of realistic life on $1500 a month these days, the fact that some jobs pay even less makes it easy to fill a job like this with somebody trying to rise by their bootstraps from abject and brutal poverty to a level of bare economic subsistence. Betcha a buck your son's employer thinks minimum wage is far too high, as he feels the need to pay a couple of bucks an hour more in order to attract adequate help. Betcha another buck he feels the "market" should set wages, that minimum wage distorts the market, and that he thinks his labor "costs" would be less in a "free market" environment. Few people objecting to the minimum wage feel that it is artificially *lowering* the cost of labor. Pssst, Chuck............he is in high school. This is not a career but a summer job. If he comes back next year he will be making $10/hour. The 3rd summer brings $12/hour. Not bad for a non skilled summer job. ;-) And you made my point. If one chooses to skip an education in lieu of taking a $9/hour job painting houses, that is *their* choice. Now what is that saying about making your own bed? |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
Housing for the Katrina Homeless | General | |||
OT) Rice ignored direct warning | General | |||
Ping Pong Balls - Conclusion | Boat Building | |||
Mechanics / Boat Savy: Exhaust Manifold & Thermostat Housing | General | |||
Confused by OMC 4.3L thermostat housing | General |