Can you live off minimum wage in Los angeles? Let's see..

[tfriss92]

or just don't live or move to a city you can't afford idc how nice it is

i would love to live in the bay area, and i can say i can't afford it and I'm okay with that because I'm not alone, i rather not be where i wanna be and live comfortable than be in the paradise place and be miserable because i can't afford to enjoy what makes that place great

[PCALMike]

Its ridiculous that its not even inflation adjusted. If the minimum wage had followed inflation and productivity growth since the late 60s, minimum wage would have been $26 today and as we all know; an increase in the minimum wage benefits ten times as many workers as those on minimum wage. It shifts national income from the owners to the workers.

[BoredRestless]

Originally Posted by PCALMike

Its ridiculous that its not even inflation adjusted. If the minimum wage had followed inflation and productivity growth since the late 60s, minimum wage would have been $26 today and as we all know; an increase in the minimum wage benefits ten times as many workers as those on minimum wage. It shifts national income from the owners to the workers.

The minimum wage just makes it illegal to work for such little money which makes it harder for young people to get their first job. Most people make more than the minimum wage and not because the government made it a law to make more.

If you expect to make an independent living in LA you need to have already made your own progress in your career.

[PCALMike]

Originally Posted by BoredRestless

The minimum wage just makes it illegal to work for such little money which makes it harder for young people to get their first job. Most people make more than the minimum wage and not because the government made it a law to make more.

If you expect to make an independent living in LA you need to have already made your own progress in your career.

Actually, most people make more than the minimum wage because the minimum wage is a wage floor which dramatically increase the bargaining power of workers in wage negotiations.

In 1968, the minimum wage was much higher than today, and the society was much poorer, still, unemployment rate was very low and young people had no trouble finding work.

Higher minimum wage is not only good for the workers and the millions upon millions who live on 12-15 dollars an hour, but it also increases the customer bases and is overall good for the economy.

[Vacanegro]

Originally Posted by PCALMike

Actually, most people make more than the minimum wage because the minimum wage is a wage floor which dramatically increase the bargaining power of workers in wage negotiations.

In 1968, the minimum wage was much higher than today, and the society was much poorer, still, unemployment rate was very low and young people had no trouble finding work.

Higher minimum wage is not only good for the workers and the millions upon millions who live on 12-15 dollars an hour, but it also increases the customer bases and is overall good for the economy.

Yea, maybe, maybe and maybe - I guess we will see. In any case a raise is long overdue - esp for LA.

Nice to pay people more money but it has to come from somewhere and higher costs will equal less employment and/or higher prices sooner or later.