Wednesday, May 14, 2008
The Minimum
If one makes the minimum wage, one almost cannot afford to drive anymore. The minimum wage is $5.85. A gallon of gas was 3.69 this morning. Federal taxes on 5.85 are .58, social security and medicare are about another .60 -- food has leaped upward in price. A person on minimum wage cannot afford the basics, and it will continue to get worse.
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1 comment:
I earn more per hour than most people, and I'm glad I don't have to drive to do the things I need to do. It wouldn't ruin me, but it'd come close...
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