Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (736239)	8/31/2013 11:52:34 PM
From: Tenchusatsu	2 Recommendations Recommended By i-node TideGlider Read Replies (2) \| Respond to of 1577104

CJ, Um, FDR said the goal was to make it a living wage. Do you realize that back when FDR was president, the minimum wage of today, adjusted back for inflation, would easily fit the definition of a "living wage" at the time? Today, a "living wage" includes having a car, a very comfortable home or apartment, quality day care (if you're a single parent), and enough food to make them overweight. By the way, in San Jose the "living wage" for a single parent with two kids is defined as $56K/year. Yet obviously most people in San Jose don't earn that much. How are they able to live? That's why the whole notion of a "living wage" is bogus, at least when it comes to minimum wage. It's no longer about promising a chicken in every pot. Tenchusatsu