economic survival
2011-Apr-03, Sunday 08:28 pmSomeone has finally published their own study of what it takes to be "self-sufficient" in today's economy. That's what FPL should mean, but it doesn't any more. I'm unfamiliar with the organization that published the report, but a brief look at their final numbers doesn't reveal to me anything unreasonable. Here's the address of the report: http://www.wowonline.org/documents/BESTIndexforTheUnitedStates2010.pdf
The New York Times seems to agree, as they published their own article about the study, including the image shown on the right. They quote a vice president from a food bank in New York as estimating that 1/3 of their customers are working but just not earning enough wages to get by. I tend to agree. I earned $20,415 in wages during 2010. (I know only because I filled out my tax forms recently.) That puts me halfway between FPL and "self-sufficiency".
Like many Americans, I make it from day to day simply by removing frivolous expenditures like health care, savings, and college classes. (Economic trouble? What economic trouble? I don't see any economic trouble.) I could do better in the financial sense by working more hours, and I have been working 40 hours each week during the last 4 months. I know from experience ("pre-autism-diagnosis years"), however, that the cost to my mental health outweighs any calculated benefits. My long term survival odds improve somewhere in the 20-to-32 hours per week range.