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Kasz216 on 11 July 2010
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sethnintendo said:
Kasz216 said:
sethnintendo said:

@Kasz, so do those stats take into account any personal debt.  Someone can be considered above poverty line due to job but in head over heals in debt.  Those stats prove nothing cause debt isn't considered.  I was stating that debt controls people.   Most people work in dead in jobs barely getting pay increases while the CEOs get huge increases.  It is like Congress giving themselves pay increases each year for doing nothing (sure some CEOs actually do things but I highly doubt they deserve the wage increases they get compared to their workers that help the company the most).

So... the stats don't count because debt isn't included... and most people are in dead end jobs with lots of debt.

You do see where you are greatly contradicting yourself there, right?

For some more stats.

The average household makes about 50,000 a year.  Do you really consider $50,000 or higher dead end if most people are making that?

If average household is only pulling in 50k yea I consider that dead end.  50k per year for two people working full time isn't shit in USA.  You can't even support a family without relying on government with that wage.  I make barely over 20k per year.  I would hate to imagine if I had a kid.  50k / 2 is 25k per year.  That is barely over 11 dollars a hour.  With cost of living and other factors included you could barely support 1 child with those wages without relying on the government.

It's 50K with 1 hourshold earner on average.  Note how it's 3.7 times minimum wage and 2.9 times minium wage.

That would be $28 and $21 dollars an hour for the average person.

Also, yes the number DO include households where there is nobody earning wages.

Also... my dad made like 40-50K a year... he raised me fine.... he's actually got a lot of extra money saved up.  I'm not worried about my parents retirement finances in the least.