Wyrdness said: Getting a few quid more then someone on minimum wage isn't anything to write home about and many of them would go to better colleges if the had access to them, only 40%? That's less than I expected. |
A guy on minimum wage for 40 hours a week will get an annual salary of $15,080 and you don't get much room for raises or promotions either ...
The lowest paid doctors has an hourly wage of $73 per hour while they work for 50 hours a week which nets them $189,000 ...
A starting engineer gets just over $60,000 on their first year for working 40 hours a week with an hourly wage of $29 per hour ...
Recent graduates with business degrees like finance, economics, accounting, etc will make a starting annual salary of around $50,000 ...
All three good options could also relatively easily get you in the top 10% of the income earner's in US compared to the crap that menial low wage workers deal with. These wages really put a perspective on who's worth what in the market ...
If you seem to think that hard work is does not pay off in capitalism then be my guest as I think we may as well just agree to disagree ...
Wyrdness said: Greece has so many people participating in that dodgy area because the government let it, the politicians and the rich are the worst offenders. In the USA do you honestly think the government would allow it to even get half as bad as that? There would be action long before that road is even in sight in fact the whole offshore issue being tackled now is part of it, vast amounts of Americans aren't dodging tax like in Greece so taxing the rich is a legitimate means to balance the budget whether some like it or not. |
The root of Greece's problems don't lie in the government or the rich. When over 30% it's citizens are conducting tax evasion it's pretty clear that they will stop the Greek government in it's own tracks from doing any sort of tax reforms since they hold a lot of sway ...
Greece could be on the brink of a civil war for all I know and is a potential example of modern democracy gone wrong ...
"A kingdom is only as strong as it's people are" ...