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Old 03-28-2016, 07:44 AM
 
729 posts, read 430,091 times
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A job killer, and another nail in California's coffin. Time will tell.
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Old 03-28-2016, 07:47 AM
 
45,250 posts, read 26,493,925 times
Reputation: 25006
Quote:
Originally Posted by WestCobb View Post
It sounds like you're already doing damage control for when the California economy grows in spite of what the Koch suckers have been saying would happen if workers are paid decent wages.
I'm don't think a growing economy validates or invalidates anything I said.
I posted that those very real consequences can't or won't be measured on your road to planning utopia for everyone.
What's a Koch sucker?
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Old 03-28-2016, 07:51 AM
 
12,997 posts, read 13,658,979 times
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Originally Posted by Frank DeForrest View Post
What's a Koch sucker?
Someone who is fooled by the billionaire libertarian's rhetoric that somehow it is good for everyone to funnel all wealth to the top .01 percent.
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Old 03-28-2016, 07:57 AM
 
45,250 posts, read 26,493,925 times
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Originally Posted by WestCobb View Post
Someone who is fooled by the billionaire libertarian's rhetoric that somehow it is good for everyone to funnel all wealth to the top .01 percent.
Lol it's cute you think Kochs are libertarians. Regardless, their inclusion does not invalidate anything I said.
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Old 03-28-2016, 08:11 AM
 
12,997 posts, read 13,658,979 times
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Quote:
Originally Posted by Frank DeForrest View Post
Lol it's cute you think Kochs are libertarians. Regardless, their inclusion does not invalidate anything I said.
Why would I think they were anything else?

"Koch was the Libertarian Party's vice-presidential candidate in the 1980 presidential election,[15] sharing the party ticket with presidential candidate Ed Clark."

"The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch."

"Koch sits on the board and donates to the libertarian Cato Institute and Reason Foundation."

"The brothers have made significant financial contributions to libertarian and conservative think tanks and campaigns."

Washington Post: "David Koch: I'm basically a libertarian"

This is all easily Google-able. The Kochs are America's premiere libertarians.
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Old 03-28-2016, 08:16 AM
 
26,694 posts, read 14,588,793 times
Reputation: 8094
Quote:
Originally Posted by WestCobb View Post
I think this is a great measure. I particularly like pinning the wage hike to cost of living increases. My prediction is more people with more disposal income will be a great boon to the California economy, but of course some predict that this will be a job killer. Time will tell. I'm glad one state stepped forward and chose to be the experiment. If this goes well, we could finally see a reversal of the 40-year long declines in the standard of living for working Americans.

California lawmakers agree to a $15 minimum wage
Who would pay for the increase? The business? Where do they get the money to pay for the increase?
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Old 03-28-2016, 08:19 AM
 
45,641 posts, read 27,250,610 times
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Originally Posted by lifeexplorer View Post
Who would pay for the increase? The business? Where do they get the money to pay for the increase?

Customers... if they continue to purchase the products at the higher prices.
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Old 03-28-2016, 08:20 AM
 
12,997 posts, read 13,658,979 times
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Originally Posted by lifeexplorer View Post
Who would pay for the increase? The business? Where do they get the money to pay for the increase?
It's not a "who would" it's a "who is going to" now. And yes, it will be the businesses. You'll no longer be able to employ someone at a substandard wage in California. This will probably provide some much needed relief to the California taxpayer, as they will no longer have to subsidize other people's labor.
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Old 03-28-2016, 08:22 AM
 
26,694 posts, read 14,588,793 times
Reputation: 8094
Quote:
Originally Posted by WestCobb View Post
It's not a "who would" it's a "who is going to" now. And yes, it will be the businesses. You'll no longer be able to employ someone at a substandard wage in California. This will probably provide some much needed relief to the California taxpayer, as they will no longer have to subsidize other people's labor.
So how is the business going to come up with some extra money to pay for the increase?
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Old 03-28-2016, 08:23 AM
 
26,694 posts, read 14,588,793 times
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Originally Posted by DRob4JC View Post
Customers... if they continue to purchase the products at the higher prices.
LOL, wouldn't that negate the whole point of wage increase?
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