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Tuesday, September 26, 2017

Fight for $15? Russia’s new minimum wage is less than $15 per da

Sen. Bernie Sanders (I-VT) said of America’s current hourly wage floor, “$7.25 minimum wage is a starvation minimum wage.” Dozens of other Democrat leaders say $7.25 isn’t “a living wage,” and 22 Senators support Sanders’ bill to raise America’s minimum wage to $15.

If they think $7.25 per hour is bad, what about $7.25 per day? That’s about what the newly increased minimum wage is in the world’s largest democratic socialist nation.

This week, the Russian government approved an increase in their monthly minimum wage to 9,489 rubles starting in 2018. 9,489 rubles converts to $163.34 in American dollars. Yes, $163.34 per month. Divide that by 30 days in a month, and that’s $5.45 per day. If you want to go by workdays in a month, there are an average of 21.8 workdays per month, so the Russian minimum wage would equate to $7.49 per workday. Divide that by eight working hours per day, and it equates to $.94 per hour worked.

While Democrats in the U.S. are fighting for a $15 per hour minimum wage, the Russia’s new minimum will be half that per day.

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8 comments:

Anonymous said...

nice try but the comparison is apples to oranges.

Anonymous said...

Have you been to Russia ? These people voted for Putin. There is more desperate white trash there than here. Sneaking and conniving with boiler rooms of internet scammers and web porn. You have to hire an armed escort to do business and hope they don't rob you. Russia is no threat to us. Their population is so devoid of conscience and morals and so starved for what they perceive as Western comforts and success they will do anything. Sad thing is their basic education exceeds ours but they have so few opportunities.

Anonymous said...

USA eventual home of the entertainment and hospitality kiosk!

Anonymous said...

Not supposed to be a "living wage"

Anonymous said...

I don't give a dam about Russia's minimum wage Our should be $15.00 per hour.

Bottom line.

Anonymous said...

@10:09 and then you will be just as broke as you are now if not worse! Then what are you going to want to make MINIMUM WAGE $30/hr

Anonymous said...

They are NOT FREE in Russia = Slave Pay

Anonymous said...

Will be that way Here someday !! Get used to it