Comments on: State leaders, labor groups announce deal on $15 minimum wage

By: Dude

Dude — Thu, 31 Mar 2016 20:51:52 +0000

In reply to bob. Spot on. The Dimtards are unable or refuse to understand/accept the fact that Californians wont/can't afford a $100 burger, Either that or they're concocting a new socialist plan to have all us evil money makers pay for the EBT crowd's burgers. Maybe they'll call the program, "The Affordable Burger Act"

By: bob

bob — Thu, 31 Mar 2016 20:26:31 +0000

Why not just make it $25 an hour? Even at that you couldn’t afford a house in Colliefornia (as Ahnode call it). So why not $50 an hour? Who cares if a burger and fries will cost $100.

By: Ron

Ron — Tue, 29 Mar 2016 17:58:37 +0000

Again, our elected officials never look at the unintended consequence of higher wages for everyone will benefit the rich more than those on minimum wage via those annual Cost of Living Adjustments in the years ahead. The separation of the rich from the financially challenged continues to be perpetuated with the “traditional” COLA wage adjustments.

Cost Of Living Adjustments (COLA) to wages favors the well paid: A 3% COLA adjustment for someone making $100K will result in their compensation being almost $135K in 10 years, but for someone making $30K, their compensation will be $40K in 10 years. The differential being $24K more for the well compensated as the financially challenged continue to fall further behind.

Is it fair to give a COLA adjustment to someone making the big bucks $24K more than the person making lower wages for “their” cost of groceries, housing, utilities, transportation, and health care? These higher wage folks are eating similar foods and using the same fuels for their cars as those making fewer wages.

The crusade to put a “band aid” on the wound of these ever increasing costs, is to raise the minimum wage. The better solution would be to HEAL the wound by DECRASING the over regulations, over taxation, and uncontrollable “fees” on businesses that are slight inconveniences to those making the big bucks but the California financially challenged will continue to disproportionally pick up the costs “camouflaged” at businesses.

By: Dyspeptic

Dyspeptic — Tue, 29 Mar 2016 17:51:58 +0000

“But Brown and de León conceded that a much more aggressive increase had already qualified for the November ballot, so legislators are wise to embrace the more “responsible” version they negotiated with labor groups.”

The Libtards tell us that there is no empirical evidence that minimum wage laws cause unemployment. If they really believed that then why is this agreement more responsible than the alternative ballot initiative? And why increase the minimum wage to a piddling $15/hr.? That’s very timid and heartless of them.

If there are no significant costs to minimum wage laws then why not an increase to $100/hr. right now? After all, that puts more money in the hands of consumers, reduces profits for greedy business owners (who have too much money anyway) and acts like a massive Keynesian stimulus to create economic growth and prosperity for all. It’s a win-win-winner, come and get your chicken dinner!

It’s not surprising that the profoundly ignorant general public supports minimum wage laws, but what’s really disconcerting is that economic science has degenerated to a level where many “economists”, who should know better, believe this B.S. too.

By: Sean

Sean — Tue, 29 Mar 2016 17:50:58 +0000

Having worked in industry that supports manufacturing most of my life, I’d say you are about to see a lot of low wage jobs vanish. The cost of automation has been coming down while the cost of employees is going to rise rapidly. 30 years ago if you visited a molding shop making plastic parts, you see one operator per machine. The last time I visited a molding shop, not a single machine had an operator, and the 40 odd machines on the floor were fully automated and serviced my a maintenance crew of 2.
A few years back, congress decided to apply the US minimum wage to Puerto Rico. It resulted in a rapid decline in the workforce participation rate and a loss in population as residents have to leave the island for job opportunities. http://www.wsj.com/articles/puerto-ricos-wages-are-no-benefit-to-its-economy-1435787367 As a result, the minimum wage is now 79% of the per capita income while the workforce participation rate is in the low 40’s while the US its in the low 60’s. Fully 40% of the total income on the island is now transfer payments. While I would not expect California to be anywhere near this bad on average, a lot of low end jobs may find their way to automation, other states or off-shoring.

By: Dude

Dude — Tue, 29 Mar 2016 16:21:39 +0000

I’d say this is a good example of how Common Core math is a failure, but the people who are about to lose their jobs never bothered to go to school. Also, I don’t believe the huge increase in the unemployed is a side effect. Increasing the number of people dependant on the government for their daily bread falls right in line with Lenin’s and Alinsky’s master plan. Say goodbye to democracy and capitalism American. Say hello to communism and socialism.