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The hourly rate you need to afford a two-bedroom apartment in every state
(06-11-2016, 10:39 PM)GMDino Wrote: Go ask a coal miner.

As to that lowering the cost "idea"...how?  Pay people less? Lower business taxes to below zero? National control of pricing?

Just because you think you have an "idea" doesn't mean you can just spout it with no realistic way of implementing it.

Lowering the cost of living could be done but it would require a lot of cooperation...so it's not really realistic. 

For example. At my job, i buy a part for $50, mark it up and sell it for $83.95. We could lower the mark up by 18%, still make a 50% profit and save the consumer $9 on that one $50 (my cost) part. Labor rates are similar. $60+ per hour is almost criminal. 

The problem is, cost (on our part) has to rise to cover the overhead of running the business; gas, insurance, repair to equipment, etc etc. 

So it would take a massive amount of cooperation from the top down to lower the cost of living, which, as i  said, isn't really realistic. It "could" be done. But it's highly unlikely. 





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RE: The hourly rate you need to afford a two-bedroom apartment in every state - rfaulk34 - 06-11-2016, 10:55 PM

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