U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-19-2015, 08:12 PM
 
Location: SoCal
982 posts, read 1,298,359 times
Reputation: 946

Advertisements

The CA minimum wage now is $9 and is going to up to $10 next year anyway. And it would be stupid to think it will be the same $10 in 2020. So $15 in LA wont be too far off the future CA min wage.
Reply With Quote Quick reply to this message

 
Old 05-19-2015, 08:41 PM
 
Location: Los Angeles (Native)
23,309 posts, read 13,067,066 times
Reputation: 10816
Why would it be stupid to think that?... 50% wage increase is a huge jump in 5 years..

How will businesses in L.A make up the difference in such a short period of time?
Reply With Quote Quick reply to this message
 
Old 05-19-2015, 08:55 PM
 
24,257 posts, read 26,241,783 times
Reputation: 22189
Quote:
Originally Posted by saybanana View Post
The CA minimum wage now is $9 and is going to up to $10 next year anyway. And it would be stupid to think it will be the same $10 in 2020. So $15 in LA wont be too far off the future CA min wage.
So if the state minimum is $10 in 2016 and the inflation rate is 3% (the official rate is lower than that, but let's just say that rate is manipulated on the low side). 4 years with 3% hikes in a $10 minimum wage gets you to $11.26. I think the difference between $11.26 and $15 is pretty big.
Reply With Quote Quick reply to this message
 
Old 05-19-2015, 08:59 PM
 
Location: Los Angeles (Native)
23,309 posts, read 13,067,066 times
Reputation: 10816
Quote:
Originally Posted by saybanana View Post
The CA minimum wage now is $9 and is going to up to $10 next year anyway. And it would be stupid to think it will be the same $10 in 2020. So $15 in LA wont be too far off the future CA min wage.
Do you also think it would be 'normal' or ok if the min wage in 2025 was $22.50/hr?..
Reply With Quote Quick reply to this message
 
Old 05-19-2015, 10:42 PM
 
Location: Pasadena, CA
9,832 posts, read 7,198,861 times
Reputation: 6288
Quote:
Originally Posted by jm1982 View Post
Do you also think it would be 'normal' or ok if the min wage in 2025 was $22.50/hr?..
Do you think it stay at $9/hr indefinitely, inflation be damned? That's a lot of extra money for the job creators, after all.

Adjusting for CoL, a minimum wage worker in Alabama has significantly more purchasing power than his Los Angeles counterpart. You're OK with that?
Reply With Quote Quick reply to this message
 
Old 05-19-2015, 11:17 PM
 
Location: Los Angeles (Native)
23,309 posts, read 13,067,066 times
Reputation: 10816
Quote:
Originally Posted by RaymondChandlerLives View Post
Do you think it stay at $9/hr indefinitely, inflation be damned? That's a lot of extra money for the job creators, after all.

Adjusting for CoL, a minimum wage worker in Alabama has significantly more purchasing power than his Los Angeles counterpart. You're OK with that?
I'm not even sure if having the government agree on a minimum wage is a good idea anyways.

I think wages shouldn't be based on demand and what the employer is willing to pay.

While people might think , "If that happened everyone would be working for nothing, businesses would be paying $2 an hour to workers" , that wouldn't happen in reality.

In L.A for example many employers that hire 'unskilled' laborers pay over the minimum wage even though they don't have to. They know that paying above the minimum wage is necessary to attract more/better workers.

This is why IN N OUT does pay above the minimum wage...even though they don't HAVE to.

Things seem to work better when the wage is agreed upon between the business owner and worker rather than getting the government involved.

I'm not one of those , "Government should not be involved in ANYTHING" types , but in this situation I don't think the government should be involved..rent control is another issue. Telling landlords how much they can charge for the property they own..it's pretty insane if you think about it.
Reply With Quote Quick reply to this message
 
Old 05-20-2015, 12:38 AM
 
Location: Los Angeles
2,921 posts, read 1,722,010 times
Reputation: 2450
This is a snuff to low-skill workers who are earning $15 an hour now. Why go to technical school if you can earn $15 an hour with no skill?

And who is gonna pay $12 for a fast food meal? Businesses will have to automate more.

LA City Council has no concept of economics. It's just a bunch of socialists.
Reply With Quote Quick reply to this message
 
Old 05-20-2015, 01:36 AM
 
Location: West Los Angeles
8,395 posts, read 8,680,916 times
Reputation: 8584
Quote:
Originally Posted by mysticaltyger View Post
This will do nothing to address the real reason why it's hard to make ends meet in places like Los Angeles. IT'S THE LACK OF HOUSING SUPPLY THAT IS THE PROBLEM.

Why Middle-Class Americans Can’t Afford to Live in Liberal Cities | AgainstCronyCapitalism.org
I disagree. I do not believe we have a housing shortage; we actually have a labor and commercial property surplus. Why can't the pro-growth crowd go build a new city way out in the hinterland where there's plenty of room, rather than jam more growth into an already crowded city?

Agenda 21 anybody?
Reply With Quote Quick reply to this message
 
Old 05-20-2015, 10:08 AM
 
Location: Pasadena, CA
10,087 posts, read 12,399,274 times
Reputation: 3917
Quote:
Originally Posted by Exitus Acta Probat View Post
I disagree. I do not believe we have a housing shortage; we actually have a labor and commercial property surplus. Why can't the pro-growth crowd go build a new city way out in the hinterland where there's plenty of room, rather than jam more growth into an already crowded city?

Agenda 21 anybody?
Pretty hard to argue with this point, considering it is so insane and out of touch with reality.
Reply With Quote Quick reply to this message
 
Old 05-20-2015, 10:33 AM
 
Location: Pasadena, CA
10,087 posts, read 12,399,274 times
Reputation: 3917
I am trying to come into this debate with an open mind, because I am definitely biased in favor of this increase.

I understand the pressure this puts on small business owners. It would be interesting to see some actual numbers/figures of the impact this would have on small businesses. I understand profit margins are pretty small for a small business, so I could see this being a bane on their success. But perhaps that aspect is overblown.

Quote:
“The effects here will be the biggest by far,” said Michael Reich, an economist at the University of California, Berkeley, who was commissioned by city leaders to conduct several studies on the potential effects of a minimum-wage increase. “The proposal will bring wages up in a way we haven’t seen since the 1960s. There’s a sense spreading that this is the new norm, especially in areas that have high costs of housing.”


The groups pressing for higher minimum wages said that the Los Angeles vote could set off a wave of increases across Southern California, and that higher pay scales would improve the way of life for the region’s vast low-wage work force.
I would hope this Berkeley economist would perform due diligence in these studies. Of course you've got your tinhatters like the poster above me who thinks all of these studies are bought and paid for, and you'll never convince them with statistics.

People also say that this could drive businesses to open in other cities. But I would imagine a lot of other cities will follow in LA's footsteps. I can see Pasadena, Santa Monica, Inglewood, Culver City, Long Beach passing similar laws.

And the way it does gradually step up makes the hit less immediate on businesses. With inflation, this may end up just being the necessary hike in minimum wage.

I know it is the Huffington Post, but here is an interesting article regarding minimum wage hikes:

http://www.huffingtonpost.com/peter-...b_5719035.html

Quote:
Two-thirds of all minimum wage workers are not employed by small businesses. Better yet, one survey shows three out of five small business owners favor raising the minimum wage; their profits depend on a strong local economy, which requires more money in local consumers' hands.
hmmm...
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 02:58 AM.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top