Publisher's Synopsis
Excerpt from Financing the Wage Earner's Family: A Survey of the Facts Bearing on Income and Expenditures in the Families of American Wage-Earners
Tradition holds another form which is equally dis astrous to the making of an adequate budget. Peo ple take it for granted that a dollar and a half a day is a fair wage. Why should the wage be fixed at a dollar and a half 2 Because twenty or thirty years ago a man living in a village could support his family very decently on that amount. Is a dol lar and a half sufficient to-day? An appeal to the family budget furnishes the only answer. The im migrant has worked in Italy for sixty cents a day. Will a dollar and a half not provide a princely liv ing, and allow for saving at the same time? Write it into a budget and see! Tradition fixes the wage, however, without even considering budgetry needs.
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