California to adopt $15 an hour minimum wage (Murray, party, financial)
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The Central Valley is a complete opposite of San Fran Bay or even LA. Outside of the big three, California is poor. Mississippi poor. A statewide wage makes no sense. We are not one economy. The small business in Visalia or Hanford is not the same as the business in the city.
The economy in the bay is subsidized by the entire effing planet. Google and Apple and the other guys generate revenue from billions of people globally. The spoils are spread across tech workers who earn more than they would be worth anyplace else. This isn't rocket science or even graduate-level economics.
The state wants a higher wage because they can tax it. They will simply shift their burden onto the consumer. Simple as that.
I grew up outside the big three in California. I also spent three weeks in Mississippi -- in what was probably one of the wealthier areas. No, California is not Mississippi poor. It's not LA or SF rich either though. $15 an hour is probably too low for a minimum wage in SF or LA, but it's a reasonable wage for the "poor" areas in California.
big deal. they still have to pay $2500K rent on a 1 bedroom apartment.
Fortunately, it's not like that everywhere in California. A one-bedroom in my hometown (which I guess is within commuting distance to LA if you really had to do it) rents for about $700 to $800. $15 an hour is a living wage there.
Actually, this isn't even a test case. That has already been done in the Seattle area, especially SeaTac. I have heard that the result has been a decrease in tipping, a decrease in the number of jobs, and slight increase in prices (which resulted in a slight decrease in sales).
So, how much of a net gain has there been in "disposable income"? Not much, really!
Actually, this isn't even a test case. That has already been done in the Seattle area, especially SeaTac. I have heard that the result has been a decrease in tipping, a decrease in the number of jobs, and slight increase in prices (which resulted in a slight decrease in sales).
So, how much of a net gain has there been in "disposable income"? Not much, really!
This has been done in one city. It's about to be done in the seventh largest economy in the world. Yeah, this is a test case.
I grew up outside the big three in California. I also spent three weeks in Mississippi -- in what was probably one of the wealthier areas. No, California is not Mississippi poor. It's not LA or SF rich either though. $15 an hour is probably too low for a minimum wage in SF or LA, but it's a reasonable wage for the "poor" areas in California.
Our poverty rate is higher than Mississippi. We have more people per capita on social programs. The standard deviation of our wages is skewed by high wage earners.
It isn't anywhere close to reasonable. In the Central Valley, two $15 minimum wage workers would earn well above the median household income. It isn't reasonable.
Well what won't be measured or seen is the unemployment of those whose skills are worth under $15 or the jobs that are never created, or the new businesses that are never started up...
When did Micky D's or any entry level position become a real job to raise a family on?
This is your government inability to create real employment for the masses through their over taxation & regulation policies...
Well what won't be measured or seen is the unemployment of those whose skills are worth under $15 or the jobs that are never created, or the new businesses that are never started up...
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.
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