this post was submitted on 20 Oct 2024
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[–] [email protected] 53 points 1 day ago* (last edited 1 day ago) (3 children)

So... one approach you could take would be to say anyone working a full time job should be able to afford a one bedroom apartment. You know, New Deal kind of ethos for the modern era.

https://www.zillow.com/rental-manager/market-trends/united-states/?bedrooms=1

Ok, avg one bed rent ~= $1600 a month.

$1600 * 3 = $4800 (1/3 rent to income ratio)

$4800 / (40 hrs x 4 weeks) = $30 dollars an hour.

So yeah its actually worse than 'We've been arguing about $15 for so long its more like $25'.

Nope. Its $30 an hour. $62,400 a year.

Sure would be cool if we did literally anything to _actually_make housing more affordable.

(BTW 60% of working individual Americans make less than this)

https://dqydj.com/income-percentile-calculator/

[–] [email protected] 27 points 1 day ago (1 children)

Not just afford a one bedroom apartment. They should be able to do so and also afford to go to work. You can get housing for next to nothing in bumfuck nowhere, but if you can't get to work while living there, then there's no point.

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[–] [email protected] 1 points 21 hours ago (1 children)

1/3 of your income for rent is higher than financial experts advise. You should try to keep it under 25%

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[–] [email protected] 5 points 1 day ago (1 children)

I agree anyone working a full time job should be able to afford a one bedroom apartment but minimum wage in 1940 was $624a year and an average apartment seemed to be $324 a year so to meet that same level of pay we would “only” need a minimum wage of 17.25. That’s still way more than the current minimum wage of 7.25 but not as high as $25/hr

[–] [email protected] 2 points 21 hours ago

Minimum wage in major cities is usually in the mid-twenties these days. The idea of a federal minimum wage is kind of silly, considering how different the cost of living is across the country. Living wages should be calculated and enforced at the city or county level.

[–] [email protected] 25 points 1 day ago (1 children)

$15 is a start. How about $20 and adjusted to inflation yearly?

[–] [email protected] 20 points 1 day ago (1 children)

It's actually more like $25-30 now since we've been having this bullshit "conversation" for so long.

[–] [email protected] 7 points 1 day ago

You're right, $23 is what I usually use and rounded, and that's an old number probably based on my own experience of when the minimum was okay. Looking back, even your range may be too low, as production began to outpace wages in the early 70s, making a comparable matching minimum close to $40.

In the end it's about a wage being livable, whatever that needs to be. And it probably shouldn't be a per hour number, as a company forced to pay per hour an amount can easily just reduce hours, defeating the point. Some sort of universal basic income, so wages become a supplement and not slavery? We have to change somehow.

[–] [email protected] 19 points 1 day ago

“But you clearly deserve more than $15 an hour. What do you do, what do you deserve to earn, and why?”

[–] [email protected] 15 points 1 day ago* (last edited 1 day ago) (2 children)

But if you ask them if someone deserves a million dollars per hour for shitposting on Twitter they look at you like you just burned an effigy in their front lawn. Not the brightest bunch

[–] [email protected] 20 points 1 day ago (2 children)

The common argument for why 16 year olds flipping burgers shouldn't make $15 / hr is that they don't have the same expenses as an adult, so they don't need that much, and it's so fucking wild to me that they'd use that. Clearly what you need doesn't factor into what people are paid in any other circumstance, otherwise the top 0.1% would be middle class, too. So why does it suddenly matter for that one specific demographic?

[–] [email protected] 15 points 1 day ago

Dare I say it's totally fucking Marxist and anti-American to suggest that people be paid for their labor based on financial need? This also makes boomers have a meltdown

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[–] [email protected] 8 points 1 day ago (1 children)

I shitpost on Lemmy; what do I get?

[–] [email protected] 10 points 1 day ago (1 children)
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[–] [email protected] 6 points 1 day ago (1 children)

Show me how you convince someone making $40k that someone making $400k: 1. isn't rich. And 2 shares their class struggle.

The fact is they don't and they'll never see it that way.
You can say you're fighting billionaires all you want but what ppl see is you're trying to fight 350k makers which they could be some day.

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[–] [email protected] 11 points 1 day ago (2 children)

Gross income, roughly for a 35-40h workweek

[–] [email protected] 7 points 1 day ago (5 children)

$7.25? Woof. I made that back at a grocery store 20 years ago.

I'll take €1,969 and look out on the Mediterranean.

[–] [email protected] 7 points 1 day ago

Some of those 7.25s will technically be even lower, that's the federal minimum that will apply to pretty much all jobs, but they still have it on the books that if they could, they'd fuck you over even harder. Georgia's for instance is 5.15 which can come up in some niche circumstances, and some don't even have a listed minimum

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