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What’s a livable wage? I suppose it depends upon the way you wish to dwell. Plainly younger individuals now really feel that they need to begin off on the prime of the pay chain. Most jobs have entry-level positions with the chance to progress up. No less than that was the best way it was.
With the price of dwelling as it’s now, entry degree might be not sufficient to help a household, have an enormous automobile and eat lobster. With the unreasonable will increase in gas costs, meals costs, hire and different dwelling bills, entry degree simply doesn’t reduce it. The one manner we can afford to dwell is for company America to decrease the worth of merchandise.
Not way back the worth of a gallon of gasoline was beneath $2 and a dozen eggs was round $1.50. Just lately, gasoline costs have been greater than $5, eggs have been greater than $3, many rents are greater than $1,000 per thirty days, the record goes on and on. This nation can not survive this sort of company greed!
If company America would get rid of the large bonuses given to CEOs and different prime administration and reduce the highest pay of tens of millions, I feel the worth of merchandise could possibly be reduce and the common American might afford to purchase extra with their decrease salaries. With extra product being bought, extra product must be produced. The necessity for extra product would improve the necessity for extra employees. With extra employees there can be extra taxes collected, and so forth.
Widespread sense might carry the price of dwelling all the way down to an reasonably priced price permitting down dwelling common People to outlive. There was a time, not too way back, {that a} employee would dream to turn into a millionaire, that dream has turn into shattered.
Timothy Smyth
Millinocket
