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November 10, 2005, 7:29 am PST
11/09 Next Generation of Moochers
Quote From: alicekjaI agree with the people who have expressed the difficulties for young adults of covering costs such as: paying rent (here in Minnesota $650/mo), food, $350+/mo, Utilities/phone $230/mo., health insurance/other health costs: $180/mo., transportation car payment/insurance/tags: $250/mo., clothing/uniforms/shoes for work $85 mo., student loan payments $100-200/mo.; Total: 1615-1945/month, and I'm probably leaving out something. Median wage in this town: $11/hrX160 hrs of work per month=$1760. This means a monthly deficit of almost $200 and nothing left over for anything extra, like socializing with friends, buying a pizza or going out to a movie/getting a DVD, buying makeup, toiletries,etc. 
 
Most young people DO share housing expenses, and that helps, but you can see how it is a challenge to save up for buying a house, and God forbid that anyone should get pregnant and have a child - a nightmare of increased expenses and getting further and further behind. A recent survey of University of Minnesota unionized clerical and technical employees (avg. wage - @$16.00/hr )discovered that a huge percentage of those people are using credit cards to buy groceries or pay for medicine costs for family members, and feeling further behind, racking up that personal debt that crushes so many into bankruptcy. How can we promote the "ownership society" when young families aren't making enough to have children, much less to own property? 
 
  Thanks Alice for admitting what is true, and that isnt just YOUNG people but middle aged people too. I know plenty of people in their 30s and 40s including my household struggling to live on such incomes. Just getting further behind. God help you too if one person gets sick and you add medical expenses into the mix too.
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