Bob Higgins

Review the Minimum Wage? Hey Linda McMahon, Wrestle This!

Posted in Financial Crime, Humor, News, Politics by Bob Higgins on October 1, 2010
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McMahon Preparing for the Senate

 

Linda McMahon, the billionaire running for a US  Senate seat in Connecticut on the uninformed idiot program initiated this election cycle by the Teabagger wing of the GOP says that the minimum wage should be reviewed.

This woman, who hauls in about 50 million bucks a year from her business of parading large, steroid ridden guys in bikini underwear around a “wrestling” ring, while talking adolescent trash in theatrically loud gravelly voices thinks that $7.75 an hour may be overly generous.

She wasn’t sure what the minimum wage actually is nor could she say whether or not she had any employees who were paid the minimum.

Her level of knowledge of America’s workforce, including her own employees dovetails quite nicely with that of other Teabagger candidates in the race,  some of whom are at this moment staring intently at monkeys, watching for evolutionary change.

I would love to see this woman live and work on minimum wage for two years, say working the counter in a convenience store.

She would learn the hard way about the hardship and frustration of  the lives of  millions of Americans who didn’t inherit Daddy’s money.

Here’s a rundown of how the minimum wage meets the typical cost of living:

The annual income on minimum wage after taxes and SS where I live would be less than $11,000 / year

Typical Expenses for Individual in Dayton, Ohio:
Food $237
Child Care $0
Medical $94
Housing $551
Transp $278
Other $200
Monthly After-Tax Income That’s Required $1,360
Annual After-Tax Income That’s Required $16,320

So, Linda McMahon, review that, wrestle with your budget and Party on!

Bob Higgins

Linda McMahon, laughing in the face of history
Linda McMahon: ‘We Ought To Review’ The Minimum Wage

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2 Responses

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  1. Xander's Mimi said, on October 2, 2010 at 8:34 am

    From the list above. Food $237; transportation: $278. Something is really wrong in this nation when citizens are spending more on transportation than they spend for food.

  2. BobHiggins said, on October 2, 2010 at 9:08 am

    The high costs of oil and insurance probably influence this more than anything.


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