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I calculated based on minimum wage 30 years ago and cost of living
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[quote:Anonymous Coward 80239645:MV81MTY2MDU3Xzk0OTM5MTk4XzlBMkExQkQ0] [quote:Anonymous Coward 83587463:MV81MTY2MDU3Xzk0OTE0NDg1XzczRTExRjdF] [quote:Anonymous Coward 83197112:MV81MTY2MDU3Xzk0OTE0MDI2XzE3MEUwRTky] [quote:Anonymous Coward 83587463:MV81MTY2MDU3Xzk0OTEzNjM0Xzc5NDExQUY0] [quote:Anonymous Coward 10305692:MV81MTY2MDU3Xzk0OTEzNDQ2X0RCOEEzOTcx] [quote:Anonymous Coward 78221947:MV81MTY2MDU3Xzk0OTA2MDgwXzkzRUJBMjE2] [b]90% of jobs in USA are min wage service industry[/b] [/quote] :hesright: Yep only the top 20% of jobs pay a living wage commensurate with inflation and cost of living. The bottom 50% of jobs, at least, are literally what a high school kid or soda jerk would bother with in older generations from many decades past. They're essentially worthless for any adult who wants to build or maintain any kind of life. And has any kind of bills to pay like car, car insurance, rent/mortgage, electric, water, trash, sewar, medical/dental premiums/bills, phone/cable/internet, savings, savings for retirement 401K, random repairs etc... Totally worthless for any of that and that's AT MINIMUM HALF THE JOBS IN THE COUNTRY!!!! [/quote] We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn. Now even the minimum wage jobs will be replaced by robotics. The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code. Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive. Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive. [/quote] The key for the future is to tax the productivity of robots or any human replacing tech as if they were a worker. Every self check out register should pay income, SS, state and local taxes. This will make the replacement calculations swing back towards real people AND also feed the system for the inevitable decline in income tax. [/quote] So we tax a robot (aka Corporation) to generate income to pay for a UBI to pay us to buy the product the Robot makes? And corporation X should do all this for 0 profit? The expression "the road to hell was paved with good intentions " seems very apt here. When people are locked in to a UBI welfare system you have intellectual decline, technological stagnation (at best) and are a pet. Not a person. The UBI idea is sugar coated serfdom and is the end of your say in your life. If you cannot see that then we are doomed. [/quote] The standard of UBI will be lowered and lowered until it's a bowl of rice and crickets. People think the rich and powerful assholes will throw money on them, once there is UBI and powerful AI/police state to control dissident the will lower the UBI to starvation level because ... why not ? Human nature is sadism and greed and living on other's people mercy is really bad idea. People have good lives now because of two reasons 1) labour state in capitalism 2) can topple government with riots and revolutions but when one world government with social credit system and AI factories is created all your leverage is gone. I'm pretty sure this 'free' UBI will come with strings attached like forced vaccinations so you don't take this precious UBI for too long, basically, human farm. [/quote]
Original Message
I made $11/hr back in 1992 which I considered a low wage. Minimum wage in 1992 was $5.50. Federally now it’s $7.50/hr. Some states have higher. , Florida being $10/hr and California being$13/hr
Prices of things since 1992 have gone up 300-700% but the Federal minimum wage has only gone up 100%. Gas, for example, has gone up 400%. Toyota pickup roughly up 500%. Rent where I used to live in 1992 has gone up 600%. Food I’m paying probably 300% more
Based on my calculations with cost of living , the min wage should be, at least, $25/hr to be able to pay your bills
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