27 September 2010: Who Really Rules the Roost?
A friend of mine was raving about her new job--$59,000 a year with benefits! Quite something for a teacher just out of college. Benefits!?
Nothing to worry about. Coverage for health, eyes, dentistry, long-term disability, short-term disability, life and, in three months, retirement annuities.
Trouble is, what's the take-home pay? Let's see: she took home somewhere around $33.5 thou. Can anyone live on that these days? Especially when they're taxed at the above-mentioned official income? Don't forget the tax dedux: city, state, and feds.
I thought for a while about the psychology of beating your brains out against what MIGHT happen--anything from a toothache to a serious, lifelong disability. Beating your brains out against what WILL happen: health deterioration from excessive job-related stress that will eat into those benefits and make you glad you have them. Self-defeating, No?
Then I thought about insurance premiums. Must be pretty high even in group plans to suck so much out of the gross salary.
Then it occurred to me that my friend was beating her brains out to support these various insurance &c. companies. Who was her real employer?
Slavedriver? Sure wish the government would do something about those exorbitant insurance rates. They're trying to, but the Tea Party in particular don't like that. I wonder how many of them work for insurance companies?