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	<title>Moore&#8217;s Law &#8211; CalWatchdog.com</title>
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		<title>Minimum wage boost already killing jobs</title>
		<link>https://calwatchdog.com/2014/08/11/minimum-wage-already-killing-jobs/</link>
					<comments>https://calwatchdog.com/2014/08/11/minimum-wage-already-killing-jobs/#comments</comments>
		
		<dc:creator><![CDATA[John Seiler]]></dc:creator>
		<pubDate>Mon, 11 Aug 2014 16:16:25 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Regulations]]></category>
		<category><![CDATA[John Seiler]]></category>
		<category><![CDATA[minimum wage]]></category>
		<category><![CDATA[President Obama]]></category>
		<category><![CDATA[Moore's Law]]></category>
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					<description><![CDATA[California&#8217;s minimum wage jumped to $9 an hour from $8 on July 1, and further will rise to $10 in 2016. People who still have minimum-wage jobs are enjoying a raise.]]></description>
										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="alignright wp-image-63375" src="http://calwatchdog.com/wp-content/uploads/2014/05/minimum-wage-taylor-jones-cagle-May-8-2014.jpg" alt="minimum wage, taylor jones, cagle, May 8, 2014" width="300" height="474" srcset="https://calwatchdog.com/wp-content/uploads/2014/05/minimum-wage-taylor-jones-cagle-May-8-2014.jpg 600w, https://calwatchdog.com/wp-content/uploads/2014/05/minimum-wage-taylor-jones-cagle-May-8-2014-139x220.jpg 139w" sizes="(max-width: 300px) 100vw, 300px" />California&#8217;s minimum wage jumped to $9 an hour from $8 on July 1, and further will rise to $10 in 2016. People who still have minimum-wage jobs are enjoying a raise.</p>
<p>But the imposition is slamming others. Watchdog.com reported:</p>
<p style="color: #000000; padding-left: 30px;"><em>In a <a style="color: #0066cc !important;" href="http://badideaca.com/media/san-jose-minimum-wage-study.pdf" target="_blank" rel="noopener">survey of 163 restaurant owners</a> in San Jose, 66 percent said they raised their prices, 45 percent reduced employee hours, and 42 percent reduced staff, EPI stated.</em></p>
<p style="color: #000000; padding-left: 30px;"><em>This survey seems to oppose the findings that states that have increased the minimum wage gained a bump in job growth, <a style="color: #0066cc !important;" href="http://www.foxnews.com/politics/2014/07/19/job-growth-picks-up-in-states-that-raised-minimum-wage/" target="_blank" rel="noopener">according to data the Labor Department released Friday.</a></em></p>
<p style="color: #000000;">I&#8217;ve noticed the increases myself at a restaurant I go to every now and then in Anaheim. In July, prices jumped about 20 percent. I always set a certain amount in my budget to spend in this and other restaurants, so I was surprised at having to pay $5 more. Next time, I&#8217;ll just order $5 less food. Unlike the government, I can&#8217;t pay for higher expenses by raising taxes.</p>
<p style="color: #000000;">I guess First Lady Michelle Obama would say that&#8217;s good because I need to lose weight. But it means less business for the restaurant.</p>
<p style="color: #000000;">Future minimum-wage increases also look to hurt. <a href="http://www.sfgate.com/bayarea/article/12-25-minimum-wage-in-Oakland-could-hit-5652706.php" target="_blank" rel="noopener">The Chronicle reported</a>:</p>
<p style="padding-left: 30px;"><em>Oakland&#8217;s Youth Employment Partnership spends roughly $1.8 million a year to give 800 hard-to-employ teens steady minimum-wage jobs that keep them away from vice and encourage them to appreciate a hard day&#8217;s work.</em></p>
<p style="padding-left: 30px;"><em>But the nonprofit could be forced to cut the jobs it offers by 30 percent next year if Oakland voters approve a plan in November to raise the city&#8217;s minimum wage from $9 to $12.25 an hour starting March 1, its executive director said.</em></p>
<p>Ultimately, raising the minimum-wage just means more automation. Computer power, still following <a href="http://en.wikipedia.org/wiki/Moore&#039;s_law" target="_blank" rel="noopener">Moore&#8217;s Law</a>, doubles every 12 to 18 months. So computers and robots will just keep getting better and cheaper. IBM just developed a new chip that, <a href="http://www.nytimes.com/2014/08/08/science/new-computer-chip-is-designed-to-work-like-the-brain.html?_r=0" target="_blank" rel="noopener">according to the New York Times</a>, &#8220;functions like a brain.&#8221;</p>
<p>Finally, here&#8217;s a video showing a computer replacing fast-food cashiers. &#8220;It&#8217;s time to give America a raise&#8221; is the slogan<a href="http://www.barackobama.com/raise-the-wage-petition/" target="_blank" rel="noopener"> President Obama </a>and others are using to push for higher minimum wages. A more apt slogan would be : It&#8217;s time to give America a pink slip.</p>
<p><iframe src="//www.youtube.com/embed/mfKbaX4jE9U" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
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