| Show Q 4 r I TIMELY TOPICS I THE STANDARD OF LIVING Before the war economic experts estimated that a comfortable standard of living for an average American Amen Ameri can family could be maintained on an Income of ot a year The present estimate for tor what is known as a standard of ot comfort is Js 2100 Theres There's the difference A new of ol economics Issued this year by three authors authors' and called The Worker In Modern Society distinguishes four standards of living or class levels a as follows First the poverty level when the wage received Is Js no more than 1000 or 1100 second the minimum or subsistence level for which the Income ranges from 1100 to 1400 I third the subsistence pIus level on an Income of 1500 to and finally as quoted above the comfort level for tor which a budget of or 2100 Is needed These estimates are made for a husband and wife and three children and not much figuring Is necessary necessary sary to prove that even the last budget in most I cases in large cities wouldn't provide any too much comfort little comfort little in the line of luxury that is Js Real I com comfort tort should Include besides the necessities a few tew enjoyments something to cover the tho unforeseen ne necessities necessities ne- ne ne 1 and enough more moro for savings to provide that element of or hope which makes life Ufe worth while And that hope should mean fair prospects pros pros- p for tor the ownership of a home That doesn't seem too ambitious a program Ideally for any honest wage earner Ohio Ohio State Journal |