woo-hoo!! so there's this bill, right, and it has all kinds of stuff about iraq and funding that really has nothing to do with the american people but this is the piece de la resistance... the minimum wage is being raised! not since the days of ronald reagan has anything like this happened. the excitement is making me light-headed. i don't know if i can handle it. from $5.15 to $7.25. woo! like this, everyone is going to be driving around in a hummer and paying $4 for a gallon of gas without blinking an eye.
but wait a minute, they knew that the excitement would be overwhelming so they are not giving the increase all at once. oh man, can you imagine how crazy folk would go with that kind of money all at once? after having no increase since 1997? so first it will be 70 cents in 60 days. and then the remaining $1.40 over the next two years. ease these folk into wealth.
i mean the glass half empty people might say to you that the minimum wage is 30% lower, in real terms, than it was in 1979. yeah, those pessimists will add that the cost of living has gone up by 26% since 1997 and throw all kinds of depressing numbers your way. wet blankets!
but the glass half full people in congress who fight every year to give themselves raises tell us that this increase will ultimately raise the annual earnings of someone earning the minimum wage from $10,700 to a whopping $15,000. and that this increase of $4,300 will pay for 15 months of groceries for a family of three. oh man, people will really be swimming in money.
on my part i am saying, i don't need 15 months of groceries for a family of three. i am celebrating. trying to decide what colour my gas guzzling suv is going to be. and if you bump into me during the celebration, drinks are on me!
5 comments:
NO increase since 1997?!
Are there many people living only on the minimum wage?
Mao said that there is no poverty in the world, only injustice. But I believe Americans don't care much about what Mao said.
I'd like to see those politians manage on those kinds of wages.
Do I detect a hint of sarcasm, Pandave? ;)
Seriously though, those statistics are nuts. No increase in ten years is shocking.
hey dodos, apparently there are about 13 million whose wages would go up if the minimum wage were to be increased. lots of drinks all around, no?
wise words, oscar, wise indeed. mao who?
oh carla, those politicians raise their wages annually - and i think i am paying for that.. hmmmm... and so are minimum wages.
winters, what me sarcastic?
no increase in ten years is a travesty.
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