Thursday, April 26, 2012

This is a Minimum?


Like most US families these days, money is a source of contention. All the bills keep going up, month after month, year after year. My little family has been slowly sliding toward the bottom of ‘Middle Class’ for over a decade. But on paper, it looks like we’re a long way from poverty.
That got me punching keys on my calculator, trying to figure out just what ‘poverty’ is. Politicians talk about people in poverty as if poverty was a minor inconvenience.
So, let’s take a look at this. A family of four, I heard recently, lived in poverty if their income was less than $23,000 a year. A full-time job is 40 hours a week, 52 weeks a year, so how hard could it be for a family to make that much? Not that easy, it turns out, because a single bread-winner would need to make $11.06 per hour.
The current federal minimum wage is $7.25. (This is NOT the minimum in all states. However, NO state has a minimum of $11.06.) A full time job at minimum wage only nets about $18,000 a year.
I know what you’re going to say; the other parent needs to get a job. That would push their income up to $36,000 a year. Good point. But who says this family has a second parent?
And even if it does, who will care for the children? 20 years ago, I was lucky to find a neighborhood woman who would watch 2 children for only $100 a week. I’m sure they want more than that now. If you want to take your children to a licensed day care, you will probably pay every after-taxes penny made by that 2nd worker. What about family values? Are you a firm believer that children are better off being raised by a neighbor lady or a hired staff rather than their parents?
Another possibility is for the parents to work opposing shifts, to eliminate child care. This might work once the kids are in school, the night-shift parent could sleep during the day. But the parents would hardly ever see each other. Is that family-friendly?
I have my thoughts on how this ‘inconvenience’ should be addressed. I haven’t lived in poverty, but I have been that 2nd bread-winner, and I’ve been the 2nd bread-winner with 2 jobs when the 1st bread-winner had 3. It should not be necessary for 1 family of four to have that many jobs in order to put food on the table.

Wednesday, April 18, 2012

Who Would Have Thought?

So, Mr Warren Buffet – a wealthy man I have come to respect – has been taunting other wealthy people to ‘pay their fair share’. The first response to his jibs was, “If you feel so strongly about this, make a donation to the government.”

To which Mr Buffet returned, “I will if you will.” So far as I’ve heard, he’s only matched the donation made by one other person, even though that person had made his donation before this spitting match began. I have not heard of any other elected officials – wealthy or otherwise - making any effort to personally alleviate the budget crisis for Mr Buffet to match.

Reminds me of that old saying, “Put your money where your mouth is.” Only, I think that refers to gambling, right?

Then Mr Buffet started talking about how unfair it was for him to pay a tax rate of about half what his secretary pays. He feels the wealthy should pay at least the same tax rate as the middle class. A LOT of people have mulled that over, and according to the polls I’ve seen, over 70% of the American people think that would be fair. Mr Obama thinks it would be fair. Somebody actually introduced ‘The Buffet Rule’ to Congress.

Well, who would have thought? It never came to vote, even though it had a simple majority of support. (Anybody know which Republicans supported it? That might be interesting to know.) But to keep it from being voted on, the wealthy Republicans banded together and filibustered. I’m sure the idea of having to pay more taxes than they already do seems like a personal attack on them.

Have they ever stopped to think what their lifestyle would be like if the 99% of the population who are NOT wealthy suddenly decided to ostracize them? No cooks, no maids, no butlers or gardeners or chauffeurs, no nannies for the kids, no pilot for the private jet. Now let’s get serious about it; no secretaries, no receptionist, nobody to work in their factory or office or whatever. Nobody to serve them in the restaurants or the night clubs or the bank … Who would have thought the 1% could be that dependent on the good will of the 99%?