I couldn't get link to work but I think you are looking at house hold. I looked up individual and it was 35.
this post was submitted on 07 Apr 2024
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Living with someone, roommate or partner, who you wouldn’t live with if you could afford the cheap solo life shouldn’t be a survival requirement.
I think you’re looking at stats for per capita income. I can’t find official data for individual income.
Thanks for providing this link. Looks like the actual number is likely a little higher than the ~40,000 shown by the graph, as these numbers include anyone 14+.
“But if I pay my workers more, then I won’t get to have my third house and second yacht, and I’ll have to get rid of my secret second family. And think of the poor shareholders.”
Oh it's gotten way more overt than that. You're talking about plain old greed. Low wages are about power.
"If I pay my workers more they will have savings and that means they can quit if I treat them badly and they might open up a competing business."
But we need those billionaires, they taught me that tricke down pussanomics work and they are doing me a favour by paying me less!
Trickle down pissonomics.
Thank you, was a typo 😁
The media isn't asking these questions because they don't know the answers, they're asking because people are a lot more likely to think there isn't a clear answer when they see people asking the question over and over. If there's a clear answer, then people who want to believe that the younger generation is just lazy will have to come to terms with the fact that they're wrong, or worse yet, leave for another news channel that lets them keep denying it! No, they're going to keep on asking questions and letting the viewer answer them on their own, filling in the blanks to validate whatever biases they have.
98% outside of America make less than 35k.
Do 98% outside America have an equivalent cost of living?
PPP is your friend more so since some governments provide free healthcare and free education for their people
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This is why Trump is going to win. People aren't going to care that he's fascist. They're going to care that he isn't Biden.
Right, things were going much better under trump… right…?
The post you're replying to wasn't a judgement call on who was better, they're just pointing out that these issues are what drive people's votes. If people feel like their situation sucks, they'll want to vote for a change. People don't vote by hard analysis.
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You could live like a god with that salary in south America.
You'd be earning even less
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Look up 'Hell's Angels" by Hunter Thompson.
There's a chapter in the book where he talks about the economics of being a biker/drop out/artist circa 1970.
A biker could work six months as a union stevedore and earn enough to stay on the road for two years. A part time waitress could make enough to support herself and her musician boyfriend.
Or, to put it another way, in 1960 minimum wage was $1.00/hour and the cost of the average home was $11,000.00. A burger flipper could get hired on high school graduation day and be a home owner in 20 years without ever getting a raise.
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My idea of becoming rich isn't a fancy mansion.... It's having enough for all of my essentials and having plenty left over...
Ya know, what used to be normal?
Ya know, what used to be normal?
Normal for white men in their 30s.
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I make less than $10 a year