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To: bolobaby
You need to read the article about how minimum wage workers have MORE disposable income than those earning $60k/yr thanks to the myriad of government handouts they receive. I would guess the unemployed get the same - if not more - in benefits

Do you have a link to this article?

21 posted on 12/06/2010 4:50:10 PM PST by foobarred (My post is less racist than your teleprompter.)
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To: foobarred

Google this search term:

“mississippi disposable income minimum wage”

...and start looking at the articles starting with the 3rd one down.

Some of the analysis is slightly flawed. It doesn’t take into account that the 60k/yr person probably has some sort of health benefit from their employer. If you take that into account, I think it swings to something like +9k in favor of the 60k person. Still - a little ridiculous that the 60k person only makes +9k in disposable income over the 14.5k person. Also, if you are like my parents (innkeepers) and have to by insurance for yourself, then you don’t get that health benefit. So it’s accurate for them.


44 posted on 12/07/2010 7:44:03 AM PST by bolobaby
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