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The politics of minimum wage Ad id: 712133813522109 |  Views: 105

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Date listed: 3 years ago
When I earned minimum wage I really did not like it. But I figured out how to help myself.The first large expense to deal with is rent.I rented a large house and then found roommates. I made sure that I visited the potential roommates homes and talked with their landlords to make sure that they kept their place neat and paid the rent. I used a standard contract and an addendum to the contract to list rules and regulations that I felt were appropriate. I also had chores that everyone had to abide with. I also made sure that I knew how to give a 30 day notice. I also made sure that the person I rented from knew what I was doing,It cut my rent cost in half and I learned a lot from the people I lived with especially cooking tips. The only problem with this is that due to the Obamacare law you have to give 3.83% of your income to the government if you work and have a rental. This provision of the Obamacare law that is financially unhealthy since one of the first ways you can add to your future income is to own a house ( using laws that offers first time home buyers a lower interest rate) and then turn the house into a rental as you move on to another home. By renting out to others you learn the difficulties of renting out to others but you also learn another trade that will bring you income and add to you assets.Did you know that if you sell your property you will have to pay a 3.83% to Obamacare as well? That means with that fee and the average realtors fee of 6% you will have to loose almost 10% of the profit in your home ( that is if you use a realtor).The second big ticket items is to buy a vehicle from a dealership with a warranty. It may look good used but buying used is a gamble. Speaking of gambling from what I understand the word dhimmitude was removed from the final writing of the Obamacare tax law. I truly do not know if it was in any past writing of the current law but if it was it would certainly offer a new insight into the framers. If anyone has some concrete evidence that dhimmitude was ever used in any initial writing or revision of the Obamacare law would you please post that clear and substantial evidence on line.Furnishings etcLook for free sites online. Then scrounge for yourself or scrounge to sell to others. I was always impressed by Ross Perot's description of how he got started as a salesman. His father would have him buy an item at a flea market with the intention of selling it at a higher price. I think that the added bonus of this would be that you begin to look at things as a function of their worth. The most important worth is the worth of yourself and your respect of the worth of other people.I grew up this way. If my parents were able to offer me a better life it is because they set goals and they took advantage of every fair option that they had. I remember my dad buying a used caddy in Texas so he could sell it in California for a profit. Minimum wage is the pits. But doubling the minimum wage will create unemployment or will come full circle to increase the cost of living.Obamacare resulted in millions of people coming off of their insurance. What will doubling the minimum wage really do?A mathematician will tell you that the shortest distance between two points is a straight line but a carpenter will tell you that if you follow that straight line you will walk into a wall. And a statistician will tell you anything you want to hear.Did you hear about the one about Obama and the leaky roof? He called a plumber! do NOT contact me with unsolicited services or offers
 


 
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