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I'm not going to argue that 15/hr is a lot of money, but as someone who didn't grow up with much, it isn't terrible either. That translates to ~30k/year, which
by ProfessorLayton 8y ago
I'm not going to argue that 15/hr is a lot of money, but as someone who didn't grow up with much, it isn't terrible either.
That translates to ~30k/year, which doesn't sound like much, but for a dual-income family a $15/hr min wage (Something Amazon is lobbying for) becomes 60k/year — Pretty much the median household income in the US [1]
Just putting some perspective.
[1] https://en.wikipedia.org/wiki/Household_income_in_the_United_States https://en.wikipedia.org/wiki/Household_income_in_the_United...
- cm2012 8y ago30k a year is around the median individuals wage also.
- throwaway2048 8y agokeep in mind 15/h is radically different from when you grew up, especially in a city that anyone wants to live in. Over half your wage is going towards rent, even with the shittiest conditions.
- tcbawo 8y agoMany people are choosing where to live based on income/expense differential instead of just income. Talent is choosing not to relocate to high cost of living areas, so many companies are opening up offices in these middle-tier cities.
- brianwawok 8y agoNot many amazon warehouses are in high COL cities. I know the big ones for Chicago were the far burbs and Wisconsin.
- commandlinefan 8y agoUnless rent, transportation and groceries all go up by the same amount so nobody can live on $30k/year any more...