$13,700 an Hour

The New York Times recently reported that–for the first time–a full-time worker earning minimum wage cannot afford a one-bedroom apartment anywhere in America at market rates. That means more and more people like Michelle Kennedy–a former Senate page and author of Without a Net: Middle Class and Homeless (With Kids) in America–are finding themselves homeless and living out of their cars.

At a town hall meeting in Ohio on April 2, Representative Sherrod Brown, a staunch advocate for social and economic rights (he and Bernie Sanders are the two best candidates running for Senate in 2006) railed against the economic hardship brought on by stagnant wages: “It is unacceptable that someone can work full-time–and work hard–and not be able to lift their family out of poverty.” He blasted a system where a full-time minimum-wage worker earns $10,500 a year, while “last year the CEO of Wal-Mart earned $3,500 an hour. The CEO of Halliburton earned about $8,300 an hour. And the CEO of ExxonMobil earned about $13,700 an hour.”
thenation.com

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