Bending the Third Rail
Because We Should, We Can, We Do
Tuesday, December 12, 2006
War on the Middle Class
And in the What Middle Class? category we have this:
Study: 46% of Delaware renters can't afford that 2BR apartment
Typical renter in Delaware earns $13.93 per hour, which is $2.38 less than the amount he or she needs to earn to afford an apartment. source
So, a person in Delaware needs to make $16.31 to afford an apartment. The current minimum wage is less than $6 and the Democrats want to raise it to a frightfully steep $7.00.
I see.

Bill Perkins, executive director of Friendship House in Wilmington, said the lack of affordable housing forces many low-income families to pay as much as 80 percent of their incomes for rent and utilities. Ideally, rent should account for only 25 percent of income.
But we're Number 1! Right? Right?