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"And for $13.75 an hour, it definitely isn't worth it." A billion of people around the world would be happy to work with that hourly rate.
by gdy 7y ago
"And for $13.75 an hour, it definitely isn't worth it."
A billion of people around the world would be happy to work with that hourly rate.
- dzmien 7y agoDespite the fact that I might not be a rich man in this country, I am a very rich man in this world. I feel quite lucky and grateful to have been born in the USA. But to be fair, that was not a very good wage for where I live.
- pkaye 7y agoNot at the US cost of living. Nor would those billions of people be paid a that rate if their cost of living is lower than the US.
- georgespencer 7y agoI think it's quite likely, but unknowable, that folks would accept the income:cost of living ratio of the US if it came with the associated sociological benefits. I think you're underestimating how disproportionately impoverished many people around the world are.
- geodel 7y agoWell people here keep ranting about 1 percenters without ever realizing that >$100K earners are among one percenters in the world.
- georgespencer 7y agoYou're right that a few people do, although I think most people realise how deeply fortunate we all are to have won to at least some extent a genetic and [entirely separate] geographic lottery.
- mamon 7y agoActually, the threshold to be in top 1% income bracket worldwide is $32,400 https://www.investopedia.com/articles/personal-finance/050615/are-you-top-one-percent-world.asp https://www.investopedia.com/articles/personal-finance/05061...
- zjaffee 7y agoThis number is both old and in nominal terms. A person making 50k USD in China is likely richer than a person in the US making 100k USD in the US. http://pubdocs.worldbank.org/en/771271476908686029/Segal.pdf http://pubdocs.worldbank.org/en/771271476908686029/Segal.pdf suggests that the number to be in the global 1% is around $50,000 PPP per person in a given household.
- mensetmanusman 7y agoExcept that the Chinese person is a prisoner in their own country, and the American could move to China to have a higher quality of life outside of the polluted cities.
- geodel 7y agoTo add further there will be billion who would do as a daily rate.
- gdy 7y agoI was thinking about people moving to the US and working there at an Amazon warehouse. If we talk about working for that rate in their native country, I think it can be up to 5 billion. And a billion more will take the job without being too happy.
- dahart 7y agoWould you?
- gdy 7y agoNo, but I am not suffering from hunger, lack of clean drinking water, lack of basic medical help or violence. If that were the case, I would be happy to do anything, including relocating to the US and working as an Amazon's robot.
- salty_biscuits 7y agoAll in countries with a lower cost of living.
- badrequest 7y ago"accept your scraps, peasant, there's folks with no plausible way of ever enjoying them who would"
- megaremote 7y agoSure, if they could stay where they are. $13.75 buys a lot more in Bangalore than it does in the US.
- digitalsushi 7y agoI upvoted you because at first I decided you were a king writing this and telling us to feel more lucky and I felt angry, but then I pretended you were the poorest laborer writing this and telling us to feel more lucky, and I agreed.
- gdy 7y agoThat is the first time someone has thought about me as a king. Even metaphorically and for a brief moment :)