Gov Brown Signs $15 CA min wage law RIP California Businesses (sales, rent)

[jm1982]

Originally Posted by Tulemutt

jm - your obsession is clear. And you are, of course, welcome to it But don't you think three previous threads on the topic cover it well enough? You are participating in all three previous and now start up a fourth? Hoping to get fresh reinforcements? Or that maybe those of us who have demonstrated logical rebuttal won't notice the thread title on this one?

What?

Time for the business wussies to roll over. Oh noes! A challenge! OMG!

It got your attention ...didn't it?

[Tulemutt]

Originally Posted by jm1982

Texas has been very smart businesswise, CA not so much.

I predict that you will have many more dining options in TX soon.

I live in CA ...but now I can't imagine opening a business here.

There is only so much more people are going to be willing to pay for a Burger in L.A versus Houston or Austin.

This is going to hurt middle class people (any that are left..) that make more than $15hr..but won't be able to afford to go out to eat at these higher prices too.

Sure a lot of the Pro $15 crowd will say "Who cares they can go to the market and make their own food"

Yes they can...but that will seriously alter the restaurant industry , which is a huge employer and segment of the economy

LMAO. I'm sorry. But TX will have many more dining options soon because suddenly they will all want to eat more because California pays higher minimum wage? Californians are going to drive to Texas for fast food lunches?

What?

[GatsbyGatz]

Seattle's $15 minimum wage has resulted in local businesses just increasing prices for customers, some minor layoffs, and potentially some chilling in hiring for the future. Most restaurants have eliminated tipping and now automatically charge customers a 20% "service charge" which basically covers any lost profits due to the minimum wage.

With the inflation that results from jacking up minimum wage, it really seems like it's a temporary solution which mostly hurts consumers or job-seekers who don't have jobs.

[azsportpilot]

2020 is a long way away, plenty of time to either move your business to AZ, or simply reduce your employee count to below 26 employees

let the layoff's begin

lets say you currently pay $12.00/hr to 34 employees, that's $408/hr

lay off 7 people

then you can pay $15.00/hr to 27 employees, that's $405/hr.... or just cut 2 more and you are exempt

the businesses will not suffer, they will adjust by either cutting employees, raising prices, or relocating

the people that this law is meant to help will suffer the most

[MItoBH]

Originally Posted by jm1982

Gov. Jerry Brown Signs $15 Minimum Wage Law | KTLA

I wonder how many businesses today have started making plans to move to Texas and other business friendly states?

Business friendly? What about employee/living wage friendly? But this roll-out to $15/hour doesn't take affect until 2022, which by then, the min living wage in CA should be at least $19 by then.

[NoMoreSnowForMe]

Unfortunately, it will likely result in less jobs for low wage earners. And the ones who get the jobs, will be expected to do twice the work, because businesses will simply reduce the workforce.

[jm1982]

Originally Posted by Tulemutt

LMAO. I'm sorry. But TX will have many more dining options soon because suddenly they will all want to eat more because California pays higher minimum wage? Californians are going to drive to Texas for fast food lunches?

What?

CA consumers won't be driving to Texas
CA business owners WILL be relocating to Texas and other states to open or expand their businesses.

Who would expand or open in CA just to pay much more for labor versus other states?
That doesn't make any business sense.
Why would a business owner want to be less profitable? There is a reason they call them FOR PROFIT businesses.
They invest their time, energy and lot's of money in order to make a profit.

Just like employees often move to find a higher paying job, businesses do and will move to find a more profitable place to operate.

[jm1982]

Originally Posted by NoMoreSnowForMe

Unfortunately, it will likely result in less jobs for low wage earners. And the ones who get the jobs, will be expected to do twice the work, because businesses will simply reduce the workforce.

Right and min wage employers will be able to be more demanding if paying $15 an hour they will likely even be able to find college graduates working for them.
Many college grads in L.A working for $15 or less today.

[Tulemutt]

Originally Posted by jm1982

CA consumers won't be driving to Texas
CA business owners WILL be relocating to Texas and other states to open or expand their businesses.

Who would expand or open in CA just to pay much more for labor versus other states?
That doesn't make any business sense.
Why would a business owner want to be less profitable? There is a reason they call them FOR PROFIT businesses.
They invest their time, energy and lot's of money in order to make a profit.

Just like employees often move to find a higher paying job, businesses do and will move to find a more profitable place to operate.

Lol. More balderdash. Texas consumers aren't under-served now. Therefore: if there is an exodus of California businesses to Texas without a commensurate exodus of consumers moving with them from here to Texas, then, obviously, all the relocated California businesses will do is dilute the existing Texas market. There is no PROFIT advantage there, eh?

To make your prediction pay out, California consumers WOULD have to drive to Texas for their burgers.

[Tulemutt]

Originally Posted by jm1982

Right and min wage employers will be able to be more demanding if paying $15 an hour they will likely even be able to find college graduates working for them.
Many college grads in L.A working for $15 or less today.

They ALL need jobs. College grads just as much as anyone else. You are picking which people are more deserving than others? That doesn't solve an unemployment condition.