View Single Post
Old 10-09-2011, 11:05 PM   #133 (permalink)
jamesqf
Master EcoModder
 
Join Date: Jun 2008
Location: Earth
Posts: 5,209
Thanks: 225
Thanked 811 Times in 594 Posts
Quote:
Originally Posted by Thymeclock View Post
The dirty little secret is that the "the total annual income of a minimum wage worker"...
Furthermore, who exactly are those minimum wage workers? I'd bet that a lot of them are high school kids working at the local fast food joints, housewives & retired folks seeking something that will get them out of the house for a few hours, and similar. People with low skills, in other words.

The corrolary should be obvious: if you want to earn more than minimum wage, learn a skill (or a collection of them) that people are willing to pay more than minimum wage for.

Oh, and there's a second corrolary: not many people stay in that minimum wage group for long. It's a population in constant flux, people starting out move into it, and (with some effort & planning on their part) eventually move out. It may be trite to claim that "the poor are always with us", but they don't stamp the label "poor" on your forehead at birth.
  Reply With Quote