Quote:
Originally Posted by Jammer
Now, for many others here their situation is much more drastic. Some are forced to live with family members, many pay little or no rent, but the only jobs they can find are over 70 miles away (that pay enough). SO in seeing many of these adults have family helping them, they come out ahead on the gas because they are paying little to no rent. Many that drive so far do so because their bottom line is actually better because of what their families do for them. I see it everyday here, and I am not speaking of welfare I'm talking about families helping out their adult kids in a really tough economy. Where I live at one can not buy a job right now.
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Forced me to do some math!!!
Hypothetical yet typical here: 160 miles/day, $14/hr job, let's use $4 gas cuz it's been there and it will be again.
14 x 8 = 112; x .72 (28% typical for taxes and misc deductions) = $80.64 net/day.
4x4 V8 with excessive autostarting, speeding, and general thirst esp. in winter returns 10-12 mpg for many; 160/10-12 = 13.3-16 gallons/day x 4 = $53.33-$64 commute
gasoline only cost/day- no payments, insurance, maint., repair, etc.
$80.64 - $53.33-$64 = $16.64- $27.31 take home pay/day...
160miles/day @ 65mph = 2.5 hours/day; 8 + 2.5 = 10.5 hours/day; $16.64-$27.31/10.5 = $1.58- $2.60/hour net take home
Alternatively: per AAA for '08: SUV cents/mile = well, 58cents/mile for our guy? = 160 x 5 days/week = 800 x 50 = 40,000miles/year x .58 = $23,200/yr
AAA Exchange
... our guy makes $80.64/day x 5 = 403.20/week x 50 = $20,160
... math wrong or what
Sure doesn't add up.
... and that is why we find mom 'n' dad or gramma or someone subsidizing this nonsense.