If the 400 richest Americans (top 0.0001%) liquidated 1% of their net worth, they'd have enough money to build housing for every homeless American, create an escrow to pay all the taxes, insurance, and maintenance on these properties for 10 years, and feed everyone in these facilities for 10 years. And with what's left, each of the 400 could buy themselves a yatch, limo, and a helicopter.
Month: March 2022
Like the title says. I live in one of the top 5 countries with the highest costs of living and as a local, I barely survive and I can’t find a new job. I barely make over $32,000 in my local currency, more than others which I’m grateful for. The average cost of renting a one bedroom apartment is around $1,500 which is more than I can afford and the cost of a house here with only ONE bedroom can be an average of 300,000. The funniest part? I work for a multimillion dollar company with offices in many countries and I live at home and probably will be indefinitely. I’ve not included further detail to protect my identity but I, a local, can barely afford to survive in my own country. My heart goes out to all of you in similar situations, facing a global problem that needs to…
Universities can pay under minimum wage
I’ve been following this sub for a minute, and I just needed to rant at how unfair this is. I work for a mid sized university in Missouri as a student worker. Apparently, public schools or such can pay their students as low as federal minimum wage here. What?? That’s not even $8/hr? I am “lucky” (as my supervisor says) that I’m getting paid $10.55 when Missouri minimum wage is $11.15. My luckiness has allowed me to not be able to afford rent and groceries and my other utility bills, so I’m utilizing food pantries, but I can’t qualify for food stamps since I’m a student (students don’t need to eat you silly gooses). I don’t understand how this isn’t illegal? All my school had to do was pay for some certification from the Department of Labor and now they can pay me below the set “living wage in missouri.”…
I'm self-employed. I charge this client $130 per service call, a discounted rate we negotiated in 2019. My rate for everybody else currently $190 per service call. This company has been giving me about $2,500 a year in business, but there's currently a shortage of people in my profession and I've got more business than I can handle anyway. They cited supply chain issues as the reason their company is currently squeezed for profit, which is 100% believable. But the suggestion that I charge my clients more to subsidize their bottom line was offensive. Their exact words were: It would be best if you can keep the same rate to us and only adjust the rate you charge to customers directly to make up for the cost rise [inflation]. I'm trying to figure out the best way to drop them. It might feel good in the moment to tell them to shove it,…
Don’t know if I should go home
My paycheck is now 10 days late. My landlord is breathing down my neck, there's late fees on my car, and I've been eating one meal a day. I really don't feel like working lately. The payroll lady asked me “did you check with your mail person?” Um. Can't you just check to see if it's been delivered/cashed? I'm really done. I love this job but this is extremely demoralizing.
Personally I would, however I would work very very little and do what I'd actually enjoy: working with animals (zoo or shelter or both, or maybe even study to become a vet) Instead I've chosen to work in IT because it pays really good. I'm currently an app admin at a medium sized company Side-note: I am under the impression the vast majority wouldn't work if they didn't absolutely have to, which I totally understand, since ultimately, you live to live, not to work and make someone 10x richer for 1/10th of the price.
I know the likelihood of this is nonexistent, but it could provide perspective about how much living actually costs people who don't have an over-abundance of money.