re: #337 Gus 802

The Pittsburgh Press - Aug 10, 1928
Average pay of textile worker: $1025/year.

Hongruichantai China - 2010
Average pay of textile worker: $2,952/year.

Occupational Employment and Wages, May 2008
51-6099 Textile, Apparel, and Furnishings Workers, All Other
Median Annual Wage: $24,650.

Other salaries:

Services to Buildings and Dwellings: $28,970
Textile Furnishings Mills: $26,230
Other Textile Product Mills: $27,910
Cut and Sew Apparel Manufacturing: $23,080
Textile and Fabric Finishing and Fabric Coating Mills: $25,160

If we take the median annual wage of $24,650 and assume a total tax rate of 25% that results in $18,420/yr.

Then we have to consider cost of living in the United States as set by private or free-market forces which includes insurance rates, rent, mortgage, interest rates, etc.

Fruit of the Loom is owned by Berkshire Hathaway. There CEO is Warren Buffet. Mr. Buffet has a net worth of $47,000,000,000.

Damn, 47 Billion. I think we can spread some of that around.