Surprise! $15 an hour minimum wage backfires

Started by tac, June 03, 2014, 05:26:44 AM

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walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

quiller


walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

red_dirt

If it were really a simple matter of bracing ourselves for a lower standard of living, even buying into this race to the bottom or level playing field as some kind of sacrificial investment in the coming global Utopia, that would be one thing. But that is not what is happening.  Our prices continue to go up and our incomes continue to go down. Where is this $0.75 loaf of bread we were promised? All I see is bread at $2.50 and up.
It's looking like our  grandchildren are not going to inherit the New American Empire; more like the new South American mosh pit.

kit saginaw

Quote from: walkstall on May 03, 2015, 09:15:41 PM
I don't live on that side of the state now.   Last I heard only the employees are happy about it.   Most employers are not at all happy.  My boy said people are not doing business with them unless they have to.  He now makes his own coffee for his 45 min drive for work.

I had to visit a Hawaiian news-site for Seattle news...  as the city probably doesn't want the bad publicity:

http://www.hawaiinewsnow.com/story/28935481/pending-15-minimum-wage-forces-seattle-pizza-shop-to-close

Devin Jeran was happy to get a raise when Seattle's minimum wage went up to $11 an hour at the beginning of the month.

"I definitely recognize that having more money is important, especially in a city as expensive as this one," he said.

He'll only enjoy that bigger paycheck for a few more months. In August, his boss is shutting down Z Pizza, putting him and his 11 coworkers out of work.


Very considerate of the libs... allowing for a 6-year phase-in period.  Unfortunately, it's like announcing the exact date-and-time when a nuclear-explosion will occur.  Business-owners will have long since left the area.

The director of Now Seattle, which rallied for the minimum wage, had no comment, only saying "Restaurants open and close all the time, for various reasons."

(the vid is 2-minutes long)

Solar

Quote from: kit saginaw on May 04, 2015, 08:50:12 AM
I had to visit a Hawaiian news-site for Seattle news...  as the city probably doesn't want the bad publicity:

The director of Now Seattle, which rallied for the minimum wage, had no comment, only saying "Restaurants open and close all the time, for various reasons."
But this time, they won't be opening any new ones in the city. Stupid, stupid liberals!
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walkstall

Quote from: Solar on May 04, 2015, 08:59:12 AM
But this time, they won't be opening any new ones in the city. Stupid, stupid liberals!

My understanding some of them will be moving there business into Oregon, as this will spread through Washington.  I see this spreading all up and down the I 5 corridor in time. 
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

Quote from: walkstall on May 04, 2015, 03:04:25 PM
My understanding some of them will be moving there business into Oregon, as this will spread through Washington.  I see this spreading all up and down the I 5 corridor in time.
Just this yesterday on the news, the Mayor of Sacto.. (Kevin Johnson) stated he would b looking at a Min wage increase like that of SF.
He said he sees many merits and is looking forward to creating a committee to review it.

He's either skirting the issue, or trying an end run around voters. This scum bag was a big Obola supporter.

I hope they do get this increase, they freakin deserve penny of misery it costs them.
The Capitol relies on small business for it's entry level jobs.... This will be the final nail in the coffin if they pull this shit there.
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red_dirt

No, seriously, wtf is going on here? We are sold this bill of goods, or should that be Bill of goods, that we are going to get all this great stuff at half the usual price  -- Guess what, guys, we are moving the plants to China and Mexico..-- weoo hoo, Fender Strats for $250, yeesss!  Decades later, we come to find we are getting less than BS painted blue at full price or more.  What a deal.  Does that sound like someone who just came back from WalMart?

So we are supposed to be heading to this global economy, right? Wrong again. The global economy is coming here, we just heard it in reverse. We are talking $8 a day people, here and guess what. Here they are. Hello, come on in. Bill O'Reilly's "browning of America." Great, just great.



Dori

Quote from: Solar on May 04, 2015, 04:23:43 PM
Just this yesterday on the news, the Mayor of Sacto.. (Kevin Johnson) stated he would b looking at a Min wage increase like that of SF.
He said he sees many merits and is looking forward to creating a committee to review it.

He's either skirting the issue, or trying an end run around voters. This scum bag was a big Obola supporter.

Calif. already has a minimum of 9 and it goes to 10 next year.
The danger to America is not Barack Obama but the citizens capable of entrusting a man like him with the Presidency.

Cryptic Bert

I have always taken a very simple position on the abortion that is a minimum wage: What if the minimum wage is raised and a business cannot afford it? What then? That is it. nothing else.

TboneAgain

Quote from: The Boo Man... on May 04, 2015, 09:32:07 PM
I have always taken a very simple position on the abortion that is a minimum wage: What if the minimum wage is raised and a business cannot afford it? What then? That is it. nothing else.

Take a look at it from the opposite viewpoint. Whenever there's a union contract in place, or a "prevailing wage" agreement, it's essentially a wage ceiling. Structures like that, though meant to place a floor under wages, act automatically and inevitably to place a ceiling over wages.

Under such conditions, it doesn't matter how hard or smart or efficiently I work. I will make not one penny more than the lazy schlub over there, who signed the same contract, but does as little as he can get by with.

Combine the two, and you have a "wage envelope" that's hard to break into, and almost impossible to escape once you do.
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Solar

Quote from: Dori on May 04, 2015, 08:22:30 PM
Calif. already has a minimum of 9 and it goes to 10 next year.
It's actually 8 at the moment, and a jump to 15 will kill off more than half of all business in the Capitol city proper, and if it's County wide, which I'mm sure they'll push for, will drive that much more out of the area.
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Dori

Quote from: Solar on May 05, 2015, 06:05:22 AM
It's actually 8 at the moment, and a jump to 15 will kill off more than half of all business in the Capitol city proper, and if it's County wide, which I'mm sure they'll push for, will drive that much more out of the area.

You got to keep up ...... :rolleyes:

QuoteEffective January 1, 2008, the minimum wage in California is $8.00 per hour. It will increase to $9.00 per hour effective July 1, 2014, and to $10.00 per hour effective January 1, 2016.
http://www.dir.ca.gov/dlse/FAQ_MinimumWage.htm
The danger to America is not Barack Obama but the citizens capable of entrusting a man like him with the Presidency.

Solar

Quote from: Dori on May 05, 2015, 07:44:41 AM
You got to keep up ...... :rolleyes:
http://www.dir.ca.gov/dlse/FAQ_MinimumWage.htm
That's what happens when you retire.
Regardless, a jump to 15 is suicide for any community that's want to remain viable
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