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I live in city and state that has passed this $15 min wage law .
Prices at places have risen significantly and the wage isn't even close to $15 .
Liberals are really playing games with the economy .
Article mentions that Eric Garcetti told concerned small business owners
"I feel confident that you can absorb the cost."
"As for the mayor of Los Angeles, it should be noted that he worked on a Ph.D.at the London School of Economics. But at this famed institute, Garcetti did not study economics. He studied "ethnicity and nationalism.""
--- Minimum wage laws are destroying jobs
Anything UC Berkeley puts out should be thoroughly vetted for accuracy.
That place is the hub of stupidity from the far far left.
To say that prices won't rise because of this new law here in Ca is just folley. Not sure how many jobs will be lost, but they are a coming with the advent of all of these kiosks and things along those orders.
People need to get some advanced skills and not rely on a HS education to try live and raise a family.
I live in city and state that has passed this $15 min wage law .
Prices at places have risen significantly and the wage isn't even close to $15 .
Liberals are really playing games with the economy .
Article mentions that Eric Garcetti told concerned small business owners
"I feel confident that you can absorb the cost."
"As for the mayor of Los Angeles, it should be noted that he worked on a Ph.D.at the London School of Economics. But at this famed institute, Garcetti did not study economics. He studied "ethnicity and nationalism.""
Anything UC Berkeley puts out should be thoroughly vetted for accuracy.
That place is the hub of stupidity from the far far left.
To say that prices won't rise because of this new law here in Ca is just folley. Not sure how many jobs will be lost, but they are a coming with the advent of all of these kiosks and things along those orders.
People need to get some advanced skills and not rely on a HS education to try live and raise a family.
COLD. HARD. TRUTH.
Are you saying Larry Elder isn't a hub of stupidity from the far right? LOL
If you are a landlord and you know renters have more money in their pockets, why wouldn't you raise the rent? The only way to prevent that from happening is to have more rentals, and that's not what is happening. Problem is politicians are in charge of the economy.
If you are a landlord and you know renters have more money in their pockets, why wouldn't you raise the rent? The only way to prevent that from happening is to have more rentals, and that's not what is happening. Problem is politicians are in charge of the economy.
Actually the problem is landlords don't want more housing to be built. The more housing supply there is the more prices go down
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,623,335 times
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Quote:
Originally Posted by theunbrainwashed
Actually the problem is landlords don't want more housing to be built. The more housing supply there is the more prices go down
A classic perverse incentive, artificial scarcity
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