Deal reached to take California minimum wage to $15 an hour

Gosh.....I hope all of those newly unemployed folks don't move to my area......

 

Close to half of the people who have moved into my neighborhood since I moved here are coming from CA. I hope you don't live in Nevada.

 

That's debatable under current methods to count the unemployed, but even if, we are moving more towards a service economy(low skill jobs) and away from a manufacturing economy.

 

What's ironic about this is that the left hates big corporations, yet hiking the minimum wage up to $15 an hour will only benefit big corporations because they are big enough to absorb the cost, whereas this wage hike will kill small businesses and mom and pop shops.

Does the left ever think about the damage their stupid policies create?

 

This bill proudly sponsored by the Texas Department of Economic Development.

 

first impact http://www.newsbusters.org/blogs/nb...moving-calif-nashville-orange-county-register

carls jr hq moving to Nashville TN

Again this is a good thing. California and NY are oversaturated with businesses already. In fact its already causing gridlock and traffic so its reached a point of diminishing returns. Having the wealth and businesses more equitably distributed among the different states can only lead to good and a higher standard of living everywhere.

Hopefully other states will enact measures to convince them to move onshore not off.

 

$15 by 2022? What a joke. Inflation will erode this so that nothing much is gained. I want $15 an hour now. Not 7 years from now where it's not going to be much more than $10 in today's dollars.

 

So you believe that there are no minimum wage paying businesses that are not making "enormous amounts of money"? None of them are just getting even paying minimum wage?

 

http://www.pe.com/articles/minimum-798232-state-fight.html

The problem, said Christopher Thornberg, director of UC Riverside’s Center for Economic Forecasting and Development, is that the systematic raising of wages would trigger layoffs and push low-skilled workers out of the labor market.

“Would the state’s economy survive? Of course it would. But that’s not the point,” he said. “The right question is, ‘Will a higher minimum wage reduce poverty?’ It won’t.”

 

Not sure if sarcasm? I honestly agree with you though, 50 dollars is just a number and the minimum wage should be base off the value of our money and the cost of living.

ie. in other countries with money thats already completely worthless, you make a lot of those dollars per; they are just worthless. The dollar is probably not going to go the other way................. People will tell you thats bad to, you know adding value to the money so we could lower wages.

 

Its a catch 22. Dont raise the minimum wage for an extended time and continue to devalue the dollar and you get the same problem thus forcing the wage increases. People are putting to much value in 15$. Its like i keep hearing people sound like peepaw who wants to keep reminding me that a coke used to cost a dime?!

 

They will probably be kinda screwed unless there is a large market available around them for skilled people with a super high pay rate. If they dont have more skills or cant negotiate a better rate themselves, then they will have to be left to the fact that they are in fact not as skilled as thought or as you put it "minimum wage". University is always available if there is complaints honestly.

 

Forcing businesses to pay people more than the value that they offer will only reduce employment and increase job loss among the low skilled employed.

Example...Joe has minimum skills. He shows up on time and does his job, but nothing more can be expected of Joe because of his limited abilities. All of a sudden, Joe's employer is forced to increase Joe's salary by 40%. There are hundreds of possible employees out there who have better skills than Joe, and can offer much more than Joe. What would you do as the employer?

 

no it wont, watch and see

my grandma says she made 50 cents an hour when little, wages always go up....

.

 

If the mm moon bats leave California, too, then, we are doomed. Ny folks have almost destroyed Florida already.

 

This is just another left wing wealth redistribution to hurt the middle class, because it's most everyone on this forum that will pay for a pimple faced teen flipping hamburgers.

The left continue hurting the middle class in America throwing money out the window, it will not help poverty

 

No it is a lie, it always has been, you even admit it's a lie. Min wage hikes do not but companys out of business.
Why do you keep repeating it?
Doesn't it bother you to lie?

 

Yes, yes we know, the sky is falling, the sky is falling.
We've heard many times before.

Why do you hate for your fellow American to earn a living, and rather shovel money to the richest of the rich instead?

 

And your preferred solution is to keep service job wages low?

 

First, what Buffet (I presume not 'Jimmy') has predicted is already happening. Further, productivity has jumped up making American workers far more productive than they ever have been. That has let to much higher profits for those companies. The problem is that those higher profits have not been shared with those whose labor produces those profits. For that, you can thank decades of right wing activity to limit organizing unions and other laws to limit the rights of workers. That has led to some ridiculous percentage (like 90%) of profits going to those at the top of the income scale with everybody else scrambling for what's left. And it's not working as any look at why the recovery is dragging will tell you. What is further dragging down purchasing is the massive debt being incurred by college students what limit their purchases after they graduate (like in housing). The only way it can be broken is by government edict.

Oh - BTW - the "sky will fall if it's raised to $15 over the next six years" is a standard Republican prediction that never seems to happen, but they still keep repeating it. And every right winger joins the chorus.

 

I never said "the sky will fall" or anything close... Dishonest debating is beneath you.

 

No market conditions are creating demand for a min higher wage, which means there is more labor available than jobs. Why? Because overall market supply is leading demand. If I have a business that's in high demand with little competition I can charge more for my product or service, but I'll also need to pay more to my employees to ensure I can meet demand. However, if I have a business like a restaurant where demand is fickle, I have 20 competitors nipping at my heals and a near endless supply of labor things are different & I'm required to constantly look for ways to keep my prices & services competitive. What these politicians are attempting to do is create an artificial wage not supported by market. In other words, they're saying "we're going to force the small business supply side to pay more to stay in business even though we have no evidence the market will support it".
It's unrealistic to assume forcing small business to increase wages by 1/3, especially in today's market, won't force may of them to close up shop or force them layoff employees. Good luck with this Calf.

 

Why do you hate your fellow Americans to be pushed closer to poverty? Between the hit that hard working average Americans have taken for Obamacare and now the increase in minimum wage for entry level jobs to 15 dollars, it will assure that the middle class will once again shrink. Thank liberal loons for destroying the middle class in America

 

Oh, please - whether said directly or implied, it's the same. Just take a scan of others who jumped all over my post. Yeah, if the sky doesn't fall today, it most surely will sometime in the future, ad very soon. But it never does, unless, of course you get another Republican in office with their bag of phony economic theories - you know, the ones that predict all sorts of wonders if we just keep cutting taxes and spending more. About the only thing that happens is that we go deeper into debt and those at the top make out like bandits. Sometimes, government just has to put their finger on the scale to balance things out. And a $15/hour wage six years down the road isn't going to threaten any business. If it does, better find a new line of work.

 

Cali is not socialist but more like they support National Socialism. When government is in charge of production, then government is at fault when it fails. National Socialialism is when government controls private business but does not own production. That is what is happening in Cali and what people like Obama and the dems want.