That was the minimum wage in the late 1970s. It still is.
Then, it was possible, with careful planning and constant attention, for
one person to support himself or herself on such a wage. That can’t happen today.
Assume a full-time ob of 2000 hours a year, at $7.25 an
hour. Yearly gross income would
therefore be $14,500.00. Now, subtract
expenses, like so:
Amount
|
Explanation
|
$14,500.00
|
Annual gross income
|
(10,800.00)
|
Rent, at $900.00 per month (typical for a small apartment
in Delaware County PA)
|
$3,700.00
|
Balance after rent
|
(2,400.00)
|
Groceries at $200.00 per month (no eating out)
|
$1,300.00
|
Balance after groceries
|
(170.00)
|
Utilities (at rates typical in Delaware County
PA)
|
$1,130.00
|
Balance after above
|
(1,440.00)
|
Commuting expenses (whether car- or public transport)
|
(310.00)
|
$310.00 per year in the red isn’t where anyone should want
to be.
|
Before we move on, note that the estimates above do not take
into account taxes or medical care. We should also note that if the minimum wage were even $10.00
an hour, the person earning it would be $5190.00 in the black at the end of a
given `12-month period, rather than a few hundred in the red, as the table
below shows.
Amount
|
Explanation
|
$20,000.00
|
Annual gross income
|
(10,800.00)
|
Rent, at $900.00 per month (typical for a small apartment
in Delaware County PA)
|
$9,300.00
|
Balance after rent
|
(2,400.00)
|
Groceries at $200.00 per month (no eating out)
|
$6,800.00
|
Balance after groceries
|
(170.00)
|
Utilities (at rates typical in Delaware County
PA)
|
$6,630.00
|
Balance after above
|
(1,440.00)
|
Commuting expenses (whether car- or public transport)
|
$5130.00
|
A difference in
someone’s pocket of over $5,400.00.
|
All of the declared Democratic candidates support some
increase in the minimum wage. In
particular, Cory Booker and Kamala Harris have taken positions that are in
keeping with the first point in the Second Bill of Rights – income sufficient
to supporting decent housing, and adequate food, clothing, and leisure.
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