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Crocodile Tears For Main Street
It's rough out there, where "out there" means Main Street in America.
Hell, in some cities it's so
H-Man, a bare survival wage in the U.S. is probably around $60K — Rent/car/insurance $30K; Food, Utilities, Phone, Internet $15K; taxes/health insurance with Obamacare $15K. Leftover for investing – zip. That pro-forma assumes no student loans and no home ownership. These are the people who want financial hope which is a fading dream.
What is stunning is that amounts to a job that pays around $30 an hour. Here in Florida those jobs are few and far between.