3 ms·
It represents what, two days of work at minimum wage? Sounds like a cheap price to pay for falling for a scam. You could lose a lot more in this world. A lot mo
by matte_black 9y ago
It represents what, two days of work at minimum wage? Sounds like a cheap price to pay for falling for a scam. You could lose a lot more in this world. A lot more.
- crapitalism9 9y agoDo... do you live in the US? Because federal minimum wage is $7.25, and 16 hours at that rate is $116... before taxes. And don’t forget that if you’re working for minimum wage, $150 is a LOT of money. If you make minimum wage, you make $15,080 annually gross. $150 is 1% is your annual salary. Hardly paltry. God, Silicon Valley is hilariously out of touch.
- rm_-rf_slash 9y agoActually, factoring in payroll taxes, it’s closer to 4 8-hour shifts on minimum wage. A more expensive price to pay for falling for a scam, but a very cheap lesson in the long run.
- throwawaydjc8 9y agoFederal minimum wage: $7.25 $7.25 * 16 hours = $116 gross Annually: $15,080 Percentage of annual salary ($150): 1% $150 is not “a cheap price to pay” if you are below the poverty line.
- tomc1985 9y agoThere are few things that appear more crass than this. Have you ever been poor?
- matte_black 9y agoWhen I was poor I couldn’t afford to go dumping 2 or 4 days worth of work into weird schemes. Once I did have more money though, I did get swindled, and for probably 10x as much. But I learned. Maybe the people taking part in these pyramids aren’t as poor as you think, but probably still poor by some standard.
- tomc1985 9y agoSadly there is not very much overlap between that kind of logic and poverty. Remember all the people that blew their FEMA debit cards on strippers and shoes? $150 was a huge amount of money when I was poor. It represented several-days to a week's worth of earnings. You've got to be doing alright for yourself for $150 to only be a day or two's worth of pay, after taxes and expenses.