Whoever did the math below greatly overestimated the minimum wage.
40 X 50 X $5.85 is $11,700, not $16,380.
40 X 50 X $9.50 is $19,000, not $26,600.
I should have commented on that yesterday, but when it was quoted again, I
couldn't let it go.
Eric Bielefeld
Sr. z/OS Systems Programmer
Milwaukee, Wisconsin
414-475-7434
----- Original Message -----
Edward Jaffe wrote:
Kelman, Tom wrote:
I thought this was interesting. What do you guys working in Georgia,
Virginia, and Idaho think about being in "states which are less
developed" and when are you going to start working for $1000/year?
[...]
As far as the numbers go, you couldn't survive anywhere in the United
States on $1000/yr. Heck, the federal minimum wage is currently $5.85/hr
which translates to $16,380 if you work 40 hours a week, fifty weeks per
year. Here in California, In-N-Out burger (http://www.in-n-out.com/)
starts people at $9.50/hr! That's $26,600/yr just to make hamburgers!
(Really good ones though!)
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