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Date: 2006-11-02 03:13 pm (UTC)
I think this is the basic problem in America right now. The price of gew-gaws and luxuries has dropped dramatically. However, the price of what I things that matter has risen sharply. If you live in North Dakota, you can readily get an affordable apartment, but if you live in an urban area, housing eats of a huge chunk of your pay check even if you have a large salary. Housing is largely unaffordable at low wages. Education is also damned expensive as is health coverage especially for families. You can get cheap insurance, but how much is it worth really? I had the kind of insurance you mentioned when I was working a couple of dollars above minimum wage. However, when I had a serious illness, I was still $20,000 in the hole when all was said and done.
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