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Tractor Talk Discussion Board

Can't live on $23 per hour??


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Posted by jdemaris on December 04, 2010 at 09:56:39 from (72.171.0.144):

In Reply to: Re: Shortage of young mechanics? posted by buickanddeere on December 04, 2010 at 09:32:57:

No offense intended, but you sound like my older brother who makes over $200K a year and is always broke. No house, no driver's license, no car -and says he can barely make ends meet while living in Boston and writing computer programs for Ebay, et. al.

When I bought my first house in central New York around 1979 - it sat empty for a year while I searched for work where the house was. I was paying a 10 year, $12,000 mortgage at 14%, while I also paid rent where I was living in Florida, NY, four kids, wife not working and I was making $7 per hour. When I finally found a job where the house was - at a Deere dealerhip, I took a pay cut and started at $4 per hour. We moved and for years, I was the only one working. By the early 80s, I was being paid $6 per hour, with a lot of overtime in the summer, and . . . I ran my own repair shop at home on a cash-basis. I raised four kids that way and we survived. We ate a lot of deer meat, and cut a lot of wood - but it didn't seem all that bad at that time.

What would be the equivalent be now? I just bought a house last year with 5 acres and a nice pole barn in Northern Michigan for $32K. So, 2 1/2 X what I paid in 1979? Gas now is $3.15 per gallon and it was a buck-something back late 70s. I buy a used car or truck now for $500-$2000. In the late 70s - maybe $150-$1000. I bought one new car - a bare-bones Nissan Sentra in 1987 for $5900. Now - a new Kia or Daewoo is around $12K?

With all the government give-aways now, I suspect a person making $23 per hour, who spent carefully, could live pretty well. My daughter makes less then that, owns her own home, has her own daughter, and does pretty good. It's hard to believe how much stuff she gets from government give-aways, even though she is a full-time nurse.


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