Quote:
Originally Posted by Jim in CT
Big of you to mock the abiloity of Wal-mart workers to earn th etyps of wage that your hero claims to advocate for. But if a red state gets there first, it must be dismissed.
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Two important points:
1) Cost of living is insanely high up there. 34 grand a year isn't going to go far unless you've got a lot of roommates
Quote:
The North Dakota town in the midst of an oil boom is rapidly growing, seeing its population double to 30,000 since the 2010 Census. The average rent is $2,394 a month for a 700-square-foot, one-bedroom apartment, according to numbers released by Apartment Guide. That beats New York's average of $1,504 and L.A.'s $1,411-a-month tally for comparable space.
Read more: http://www.nydailynews.com/life-styl...#ixzz34LqQ9D83
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2) Your example is an anomaly and not an example of long-term free market grown wealth.
North Dakota will be like Qatar trying to figure out how to turn the quick money into a long-term economy.
-spence
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