Re: Help with a Minimum Wage Model

From: Samantha Atkins (samantha@objectent.com)
Date: Thu Apr 10 2003 - 16:31:34 MDT

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    matus wrote:
    > Lee Daniel Crocker:
    >
    >
    >>>(Samantha Atkins <samantha@objectent.com>):
    >>>
    >>>Are you going to address housing and the other implied
    >>>necessities or just harp on your understanding of food
    >>>abundances (but not necessarily food prices). If I have no home
    >>>or cooking facilities the types of food I can buy are also
    >>>severely limited and per unit of nutrition much more expensive.
    >>> Are you going to attempt to say that the cost of living in say
    >>>1970 dollars has not risen and risen dramatically in the last 32
    >>>years?
    >>
    >>If he doesn't, I will. Life is much better and cheaper than it
    >>was in 1970, by the only measure that matters: amount of labor
    >>for goods comsumed.
    >>
    >
    >
    > Indeed, it is better today than it has been at *any* time in the past
    > throughout human history.

    Uh huh. Pls explain why most Americans have no savings, why two
    earner households are the norm and considered nearly required,
    why a house costs me much more as a percentage of income, even
    in areas not so expensive than when in my father's time although
    I make 25 times more than he did. Standard of living is NOT
    better now according to the studies I have seen.

    - samantha



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