So the minimum wage in California is getting raised to a whopping 15 bucks an hour.
Does anyone have any statistics on why increasing the minimum wage would be bad? My liberal friend is adamant on the fact that increasing the minimum wage would have no real downsides and I feel like shes ignoring them because she works a min wage job herself.
>>69253285
No statistics but it can be argued logically. If Universal pay goes up, prices go up because now people have more money to spend. The net result is that you don't really get much more.
>>69253285
Your employer can afford to pay a total of $15/hr to employees.
If minimum wage is $7/hr, your employer can hire two people.
If minimum wage ks $15/hr, your employer can only hire one person.
>>69253285
Basic Economic theory predicts that as the minimum wage rises low productivity workers will lose their jobs.
But there is no empirical evidence of this.
Small pertubations in the minimum wage seem to have no effect on employment.
http://davidcard.berkeley.edu/papers/njmin-aer.pdf
it hurts small businesses that can't afford it. they go out of business and that means less competition for big corporations. basically it only helps large corporations. in about 10 years we will be having the same discussion and minimum wage would be raised to $20 an hour or something and small businesses will cease to exist
wage is not everything, if you just increase it alone then inflation occurs.
>>69254671
also take a look at california. everything is more expensive there already. and companies are moving to austin. it's a no brainer really
The minimum wage needed to be raised, but no where near $15.
>>69254554
>If minimum wage is $7/hr, your employer can hire two people.
But won't unless he needs to.
>If minimum wage ks $15/hr, your employer can only hire one person.
Well if he needs two people he's fucked. But any business which such low margins is not worth running in the first place.
>>69254574
There's no evidence because no government was ever retarded enough to raise the minimum wage above the labour market equilibrium wage.
>>69253285
If you dont have proof, what makes you so sure you're right anyways?
>>69255880
i'm not sure, that's why i'm wondering if anyone has statistics
the DOL has a good page with some amount of statistics backing the wage increase but I can't really seem to find anything opposing them
>>69253285
Prices will rise. People that don't get a raise that is double their wage will have less buying power. And the min. wage workers buying power and dollar value will end up being the same as the min wage being $10. So essentially making poor people still poor and making a new class of poor of people that don't get a huge pay raise, but suffer the inflation in everything.
Only people that are for it are poor people that think they will be rich now. But in 1 year they will be back to being poor when everything adjusts. Then we will have the same people on welfare, a new class on welfare, and more tax burdens.
>>69253285
Well, there would be A LOT less people on food stamps and welfare. And people who have 2-3 jobs can survive on one. People would also have more spending money which might make prices higher. That is what happened in Norway... It is a slippery slope suddenly everything is expensive and nobody is poor and social workers will be obsolete.
>>69253285
>whopping
>with socal's cost of living
should be raised to $30 desu senpai. try living out here on anything less
Bro, i'm from Cali here, the $15 minimum wage raise is too little too fucking late. The problem is employers, more the smaller companeis than the large ones, but the small ones, and when i say small i mean where they pull in 7 million a year, they do not wan't to pay workers a $15 minimum wage off the bat. The truth is, they want to milk you. Believe me I have lived here all my life.
They want workers who will accept $10 an hour, and then slowly raise it from there, like a dollar a year for example. But fact of the matter is, they raise your wage a dollar and then they take it from somewhere else, whether it's your vacation, or how they do their taxes, they will find away around.
So okay, now you make 15 bucks an hour. What aobut the fuckers who were already making that? What about those who were making 25 bucks an hour, will they increase their wages too? The best thing anyone can do is MOVE OUT OF CALIFORNIA. No matter how much they give you, cost of living there is still too high, and don't believe for a second managers will not just increase their rent for everyone.
>>69256356
You think that's bad? Try living in the bay area, faggot
>>69254370
If I was a landlord, I'd be jacking rent up by $300 /month
>>69253285
Oh great, I can't wait for the 1 bedroom apartments in the lowermiddle class section to go up to $1800 a month!
>>69254828
>>69254671
Jesus christ, as if large corporations didn't already have enough power. How the fuck do those jews keep nickel and diming us? It's like no matter what we do they always find some way to "maximize shareholder value" for those sweet, sweet end of the year bonuses and retirement packages for themselves.
>>69256700
I already pay $1400 for a broken down shitty tiny apartment in a mexican ghetto. My car has already been broken in and stolen and taken for a joyride twice in the past year.
I hate this fucking state.
>>69256979
you should go to liberals with that rhetoric. they are honestly just too stupid to realize their policies trap them
>>69253285
>So the minimum wage in California is getting raised to a whopping 15 bucks an hour.
Everyone ignores that it's not until 2022, same with Seattle
>>69254671
When I think of small business, I think of mom and pop stores, which usually hire family members.
Don't 80% of small businesses fail in their first five years anyways?
This thread is surprisingly pro-increase
>>69257372
family businesses are not just stores you buy stuff from. ours is a commercial HVAC mechanical company. and yes most do fail and ruin your credit so it's a risky business and the odds are stacked against you more and more by each new policy. it did not used to be so bad in the old days but now you have to be ready for anything. even the IRS wants us dead
Still though, do not trust all these "Small business" and their sob stories, they claim they have no money to give to their workers, but the boss has no problems buying up two lake houses in my case, showing up with a classic cars he buys from napa valley. But refuses to pay someone for maintenance on the machines we operate, and whenever there is a problem and something breaks down, the machine has to be offline for weeks, losing even more money. They don't care, they saved all that money in the mean time, but god forbid they have to raise someones wages a dollar.
Personally I think companies like that deserve to fucking go under. Look at what happened during the last recession, he brought us all down and started off with a story how he cant pay anymore.
So what did he do? All the older guys who were making 20+ bucks an hour, he let them go. And on top of that we now had to run 2 to 3 machines for 1 employee.
It's 2016, did he go back? Did we get a raise for taking on more work? Nope, he saw his profits and continues.
This is how a lot of small businesses have been operating, poorly
Minimum wage is debated so fiercely precisely because its effects are hard to predict. More spending, more people able to afford housing, you could see economic boom. Small businesses will likely be hurt. Most likely, there will be some positive and some negative effects.
I can't think of a more Jewey fuckin' position then being against an increased minimum wage.
>>69257621
>boss has no problems buying up two lake houses in my case
fuck off to bernie you retard. proprietors in small businesses take more risk and are expected to fail at astonishingly high rates.
you only look at a successful turnout he had and don't factor he could be shit under now. you're pathetic bottom feeder that looks up at success and envies instead of rises up
also fuck 4chan for thinking this is spam
>>69257607
>ours is a commercial HVAC mechanical company.
Yeah, I should have mentioned tile stores, mechanics, and other stuff.
Most seem to be family only, then hire others when they expand.
>>69257687
>raising the minimum wage is good, goy
>don't worry about getting cucked by machines
>>69257372
next time u drive down the street take note of how many small businesses up see compared to corporate ones
small businesses employ 75% of the us population so when min wage gets raised the biggest effect is on them (ie the middle class) and the working class which gets a spike in unemployment.
>>69256251
You are in for a fun shock
>>69253285
>15 bucks an hour.
Wait, thats 2400$ / month. You guys are crazy. Is this serious?
>>69258172
Does that include franchises?
I know there are a lot of small businesses, but I usually see them close within a year and fewer taking their place.
>>69254671
There are all sorts of exemptions for that shit though.
>>69253285
>>69254370
Do you know how high cost of living is in some places? What some people pay for a 2 bedroom home gets them a mini mansion in the midwest.
>>69253285
Only people in the service industry will benefit from this, all other jobs will be moved out of state.
is a no-minimum-wage policy the best? how would something like that be implemented?
I agree that minimum wage only puts people out of work and is generally bad for society, but on a more personal level a minimum wage increase would benefit me because I work for minimum wage and own a house on a fixed interest mortgage, which would only make my payments easier. on the flip side, if minimum wage was abolished, I'd be fucked
it seems as though any regulatory change is going to fuck someone over
>>69257983
Oh fuck you, they have been around since the 60s. I was there with the original owner, this guy was all about the workers, would come down in the morning, would ask you how your day was. Would hand out checks in person, never ever was late.
But like an idiot he allowed the current owner to get in on the company, so when he died everything went to shit, profits were down, wages were down, a lot of scraps, a lot of headaches because he didn't want to spend anymore money.
Not only that, when California made sick pay mandatory, this fucker took it out from our vacation time. Thankfully I no longer work there.
You probably believe in people being "hard workers" but it's just a silly meme created by employees to give you shit wages. Time is changing, fuck off idiot.
I have now left this thread.
>>69253285
https://www.youtube.com/watch?v=x-BGi4NIFww
>>69258452
>>69254671
I remember Obamacare being exempt for companies with less than 150 but more than 100 employees just last year then more than 50 employees until this year.
Why don't liberals understand that the minimum wage was never supposed feed one person let alone family?
>>69258604
if min wage is risen you'll be expected to do twice as much, since they're paying you twice as much. you might think you'll be making more but you have less job security as they're more willing to keep joe who does his shit on par and they don't have an infinite moneybag to just give you more
>>69253285
Rich people don't notice the difference at all because the price of good changing is meaningless to them
lower-middle class people are now borderline minimum wage earners because employers have no incentive to increase their wages proportionally to the new minimum wage, more people will become minimum wage earners and the cost of goods will go up proportionally, of course there will be immediate benefits but in the long term there will be no difference as the price of goods evens out proportionally to the increase in the price of labor
ie milk costs more, bread costs more, anything handled by a minimum wage earner at some point will cost more as employers seek to offset the difference in the only ways they can, by either letting people go or increasing the prices on their goods
hell even landlords will increase the prices on their rent because they know there will be plenty of competition among low wage earners who can actually afford to live in their shitholes now
>>69258859
I already do more than anyone else where I work and that's frequently acknowledged by management
I get your point though
>>69258488
Watched Boom Bust on RT last night, think it was in Palo Alto, CA people making 250K still had a hard time getting a loan for a home.
>>69253285
In the short term, it's gonna fuck up a lot of businesses. But in the long run, things will be exactly as they are now, everything will raise in price to the point that your 15/hr gets you the same thing 9/hr or w/e did
Well, a shit ton of local business will either close or fire a lot of employees
>>69258712
>took it out from our vacation time
boo hoo, you don't get free shit the way you want if the government mandates you get free shit. you sound like an ungrateful shit to be honest. someone pays your vacation and you get pissed off when he takes it away. unbelievable
that's right, leave and go back to sandersforpresident you fucking urchin. you aren't a hard worker you're the kind that bitches people don't give you free shit. get lost
>>69254956
>Well if he needs two people he's fucked. But any business which such low margins is not worth running in the first place.
How is this an argument for raising the minimum wage? You're basically admitting your wage hikes are fucking stupid and that you're economically illiterate.
Another good anti-minimum wage argument goes that minimum wages discriminate against low skilled workers (i.e. poor people). If you impose a minimum wage you're saying that people whose work that does not justify a minimum wage will not get hired. If businesses have to artificially pay people more they will want more skilled workers. It would normally be the low skilled workers would get jobs that pay less and get job experience and on the job training so that they can raise themselves up, but minimum wages deny them even the ability to do that. The problem is that these people are ignored, you couldn't find them on any statistic, but that doesn't mean they're any less real, and liberals fail to realize this.
Another problem will be that prices will rise as a result of businesses wanting to make back the money they lost, which will hurt the people who weren't affected by the minimum wage hike. Now goods cost more for them, but their wages weren't affected, you've successfully lowered their standard of living. And if the liberal logic of minimum wages actually worked, that the poor people with more money would stimulate the economy, then it should work on all minimum wage increases, so why not make it $20 or $30? Because minimum wages don't work period.
Socialist Sanders...
Says he'll raise minimum wage to 15$. Then only pays some of his staff between 5$ and 8$ an hour.
>>69253285
You operate a business that produces and sells something.
The amount of employees you have is perfect. No work is undone, and they don't get in each others way. Your quality is as good as it can be for the people you're catering to.
Like any business, you sell for the highest price you can without causing a halt to production or a stockpile buildup.
Minimum wage is increased to 15.
This means your cost of production is increased, which eats into your companies growth and profits, which threatens not only your business, but your own standard of living, who is upper middle class.
The increase in wages for everyone also increases demand for your product. You are now selling a months worth of product in 2 weeks.
Being that you're a good economically minded business man. You raise your prices to the equilibrium, so your business doesn't suffer from the increased production costs, and to meet the higher demand than supply.
If someone reads this and says to themselves "well businesses shouldn't be allowed to make profit", then you need to kill yourself. Remember, down the arm with the razor.
>>69258859
>>69258966
Who is to say what minimum wage work is anyways?
You can work retail and work every minute of your shift or just an hour.
They can cut hours as well, just like Obamacare changed full time to 30 hours
>>69259072
The only local businesses that shut down due to this are franchises anyways. I live in Seattle so I've seen how this goes.
>>69258452
>an exemption on minimum wage
what? do you seriously think some end-of-the-year irs draw will counter paying your workers more the entire year? the IRS already wants us dead
>>69259148
They're interns, they're lucky to get paid ;-)
>>69259029
Prices have already been skyrocketing and purchasing power is down
>>69259166
Businesses don't deserve anything you faggot. Neither do workers. Stop moralizing the economy.
>>69259148
this is really no different than trump saying he wants to bring manufacturing from china to the US while he utilizes chinese manufacturers.
or like warren buffet paying only 15% tax rate while complaining that taxes on the rich should be much higher.
you play by the rules as they are, even if you want to change the rules, because you need to win first.
>>69259213
minimum wage has no standard because it's the bare minimum. you can be a good worker or the worst worker and that's the flaw with minimum wage and why anyone on minimum wage should seek a better job not demand more money. it will only encourage bottom feeders to do subpar work and ````live```` with the same standard as a hard worker
>>69253285
It's a ploy so Trump doesn't win Commiefornia and all thos dellies because >GIBS
>>69259126
pretty much either way you theoretically lose because business owners are faggots
keep it coming, armchair economists.
>>69259166
You don't own a company, this is like a playskool guide to dummy's business
>>69259166
Businesses should be allowed to make profit, but should CEO's be allowed to triple and quadruple their pay while still claiming they wouldn't be able to raise their worker's wages without damaging their profits?
>>69253285
Here are the net effects of raising the minimum wage
1) more expensive goods and services
2) higher incentives to continue moving industries outside america
3) more people out of work
4) more illegals doing the labor that americans are not legally allowed to do now (especially in california)
5) devaluation of currency
Socialists don't understand that the economy is a system that contains all sorts of variables on a balance. You can't just do this top-down bullshit where you decide everyone is going to make a "living wage" and everything else will stay the same. What happens is when you tweak one variable, you throw the others out of whack.
The ironic part is that liberals want to increase minimum wage while at the same time allowing mass movement of illegal aliens into the country. These positions are directly conflicting. Flooding the country with cheap labor only serves to devalue our own workers. If they really wanted to improve the situation for blue collar workers, one of the best things we could do is border control and deportations.
Califag here, raising the min wage will only cause more people to get laid off and hiring illegals will look even better.
>>69259390
Nobody deserves anything by your logic. "Deserve" might as well not be a word since it cannot apply to anything.
>>69259467
And you own a business?
Can you explain better?
>>69254574
The work either exists or not. If a business can hire one person for 10 bucks and get the job done they aren't going to hire two people for ten bucks to do the same amount of work
>>69259450
uh, they're voting between trump and cruz, neither of which are affected more than the other by this.
and neither has a chance in hell of winning california in the general election because hollywood, SF, spics, and nigs.
What if everyone in America was a millionaire? Would a Big Mac still cost $4.99, or would it cost $30,000.99?
>>69259496
Are you aware of what fraction of new businesses fail?
You have this idea of evil corporate overlords counting their money from penthouse suites. But you're not thinking of all the mom and pop shops that are going to get fucked over even moreso than before. Raise min wage and the only companies that will have the overhead to survive are going to be the massive corporations you hate so much.
>>69259496
>somebody else's company can't do what it wants to do because I deserve more
disgusting t b h. make your own shit if you don't like it. it's laughable that you think companies are just hoarding money for themselves than paying you more. that might be true for what, giant corporations but not any small business anywhere. go back to your sub
>>69253285
$25 burritos soon
>>69259451
>pretty much either way you theoretically lose because business owners are faggots
It's not good vs evil or anything like that. They're only looking out for their own interests, if you make that impossible why would anyone want to improve or excel? Do you have a better idea? Central planning does not work.
>>69259379
And they're just going to get higher.
A) compaines will need to charge more to maintain their margins
B) companies will be well aware that you have more money in your pocket and are more than happy to raise prices to help you part with it.
Raising the minimum wage encourages unnecessary automation. You aren't making microchips or car parts, you're making burgers.
The Mobile refinery will kill us before it gets set into motion, don't worry.
>>69259732
This is why we need universal healthcare - remove the cost of businesses having to provide it to their workers all together. More workers with more money = more spending = more successful businesses
>>69253285
When minimum wage is increased businesses will raise all their prices to keep up. Rents will go up, fast food cost will go up, consumer goods costs will go up, mass layoffs will occur. Do you really think a bunch of rich bastards will keep prices the same when they are losing 40% of their income on personnel costs. No they will pass that on to the consumer meaning me and everyone who's collecting a paycheck from them. So when its said and done they wont be able to live on $15 an hour and then will demand more. Our economy is dying because cost of living is to high and there aren't good paying jobs in the US we shipped all our labor over seas where they pay pennies an hour to slave labor. Then those same businesses sell the now cheaply made crap back to us. This is all happening because we have become a nation of money grabbers, nickel and dimeing our own people with hidden fees and costs while shipping all our money and jobs to other nations.
>>69259496
Minimum wage increases have nothing to do with CEO pay. There are no restrictions. You and others are ignorant idealists who don't even know the basics of economics.
You claim you're against CEOs yet the ones hurt most are the small businesses.
>>69259467
> this is like a playskool guide to dummy's business
Yes it is, and it's needed because people are idiots. It's as simplified as I could get it.
>>69253285
Why stop at 15??
$1500/hr minimum! !
It's so good for everyone!
>>69259500
All of that is happening regardless. That's why you economic cucks are losing.
>>69260133
Nice tactical nihilism, faggot.
>>69259966
Yeah and then we get more taxes, healthcare waiting lines, and even more overinflated medical costs, which require even more taxes...
It artificially inflates the value of low level workers, making it difficult for local businesses to compete with the immigrant hordes or machines large companies can get.
>>69260016
They also dont give benefits when they gain either. You're pretty much stuck unless you can break yourself out somehow..
>>69259966
>businesses have to provide healthcare
you already lost
>>69259500
they understand perfectly what they are doing. the key to communism is government control of the economy. they dont want a middle class, they dont want small businesses that employ people, they dont want people working for private employers, they dont want a private economy
they are not stupid, they know exactly what the negative effects of minimum wage are and its exactly what they want to happen
>>69260270
>stating facts
>nihilism
What?
>>69260203
Overinflated medical costs, like the ones we have now? LOL, you actually think our current prices are just dandy?
>>69260016
Yeah but the USA has a strong military still and the defense industry is consistently growing.
>>69254839
>tfw if it went to $15 per hour I could quit one of my full time jobs, stay at the other, stop working overtime, and come out $600 ahead
>tfw I remember that I'll be screwed in the long term because any growth opportunities will be removed.
If you want to kill off the middle class, vote /r/sanders4president
>>69260372
>hurr things are getting shittier anyway so we might as well go full retard and accelerate the process even more.
It's the same fallacy as when people say "oh well you can't deport 100% of illegals, so you shouldn't even try!"
>>69260375
I said EVEN MORE OVERINFLATED MEDICAL COSTS.
In fact the reason our medical costs are overinflated is purely because of retards like you who need more government control.
You let the government limit the amount of doctors and medical clinics. You push for socialized health care, even more than we have.
>>69260393
The middle class is already dying. There is no escape. Might as well get paid more.
>>69259966
Then your taxes would go up removing roughly the same amount of money if not far more from your available cash. Lowering individual spending power and leading to more idiots demanding higher pay. Its a a lose lose situation. Our only hope is to raise tarifs on all imported products and force people to make things in the US then export them. All other scenarios end in total economic melt down inside the next two or three decades.
>>69253285
I live here. Shit's alredy expensive as fuck. It's going to be a slight relief before inflation catches up.
>Mim Wage 25 an hr!
Will be next...
Not to mention our Social security, that's alredy fucking tapped is about to get hit. Hard.
>Johnny 5 is alive! What order plox
SO.
MUCH.
RAGE.
Minimum wage should be $10/hour after all taxes. 10 is a "good" looking number to people and makes people feel good. Knowing that you are putting 10 bucks in your pocket every hour is more reasonable to the McWorkers to keep them motivated too.
>>69253285
welp, guess that means you'll have to order food by using an app on a tablet in McDonalds instead of having a failure at life take your order.
Keep a good look on the unemployment numbers in the following months
>>69260774
The only freedom left is death. May as well just start killing each other now.
>>69260912
MAGA
>>69257059
>$1400 for a broken down shitty tiny apartment in a mexican ghetto.
$1400? Jesus fucking Christ. I'm renting a town house in Jacksonville with an old friend of mine. It's a 2 bedroom 2 bath and it's only $1100 a month, plus it's in a pretty decent part of town.
>>69258300
4200 if you're working full time. In Minnesota (minimum $9/hr) I work two full time jobs at 11.50 and only take in 3600 (a bit under 3k after tax). I come out ahead quitting one job as long as my taxes don't go up by more than about 5%
>>69260333
Exactly, but all people can see are their imagined benefits while completely missing the truth and how they wont be earning anymore than they have and will possibly lose their job when companies cut or taking on jobs that two or three people did previously.
>>69257203
It still won't do any good in 2022
>>69253285
Because the real minimum wage is $0. If your employer cannot afford to pay you $15/hr, he won't.
>>69260912
Also, yoink
Good thing is that these fuckers are on their way out, writings on the wall and they see it. Also when all the baby boomers die off, this country will start to heal again.
What I don't understand is why some people here hold rich peoples water, the "job creators", they are going to move out of this country anyways, they have been doing that for some time now, so you really aren't telling us anything new that they will just stop existing. We have heard this shit before.
Another thing, some of you faggots here think you are part of this club, but in reality you ain't baller rich, faggot, you never will be, probably don't have two dimes to rub together, so stop sucking their dicks, you're just a broke dick nigger like the rest of them.
If Robots are surely going to replace all these jobs, then it's important how money is going be split up in the future, whether you like it or not, accept it, believe it.
I have now officially left this thread again, and will not be here to read any of these. But remember, do not listen to these fucking idiots telling you like the world is going to end.
have a nice day
>>69256356
Overcrowded, stinky shithole. Come home white man. Midwest is paradise.
OP here
110 replies and no statistics, cmon guys
>>69261595
>```it's them vs us```
get lost delusional poorfag. no one cares for your rhetoric. success breeds success and demanding more output for the same input is only bound to fuck the economy and bankrupt the only ones fighting the corporations
>>69258300
Taxes homie. I make ~18/hr and take home $2400/mo. I also have benefits tho.
>>69256251
There wouldn't be fewer people, there would be more people on welfare. Businesses can't afford to pay $15/hr for low skilled employees, they have to let them go. Now you have someone unemployed and the other employees are forced to work even harder to pick up the slack. The price of everything rises because of the min wage so the workers are doing more work for the same value of goods while more workers are left unemployed. Since the price of everything goes up eventually they'll be forced to adjust or food stamps and welfare at the current rate will no longer be enough for a person to survive.
Increased unemployment
Increased strain on workers
Increased prices
Increased welfare spending
But the number on your check looks higher, so it must be a good things. Right? /s
>>69261291
40hrs/week is only 2.6k/mongh.
15*2080/12==2600
>>69256418
Businesses doing things to keep their margins up is basic common fucking sense, not a "problem". They don't run a charity. You work and they pay you for the value of that work.
Small businesses have smaller margins to work with. Many will go under and that'll lead to increased unemployment.
Min wage hikes hurt small businesses and they hurt poor unskilled workers more than anything else.
>>69262095
>job creators enrich themselves at what is effectively the expense of others
>it's totally not an "us vs them" thing gais
>>69263153
>job creators take out loans and risk their own line of credit to create a stable organization I can receive pay without having to worry about potentially ruining my future
>le evil man taking what's rightfully mine
fuck off kid
>>69263153
You do know that like only 10 procent of the company's survive a few decades. Most fail, and it is their own money they put on the line for that.
How the hell are they earning at the expense of others. They create jobs and products wich the general population can use. Nobody is forcing you to buy their stuff.
>>69263153
>employees enrich themselves on what is effectively the risk and capital of others.
>they are totally paying me 8 dollars to move a spatula up and down.
>this 1400 dollars a month provides me enough for food shelter and clothing for basically breathing.
>this absolute minimum amount of labor, creativity and skill provide me a lifestyle of comfort unattainable for the great majority of humanity until the last 50 years of our existence.
> it's totally not an "us vs them thing"
If you work in fast food and retail do NOT call yourself a "laborer". You are a PARASITE. The rest of the civilized world that you were damned lucky to be born into is subsidizing your existence. Why can a mentally retarded person get a job at McDonalds- because it takes no skill, no labor or creativity. Society is paying for you to stand at a register and swipe a card- this is done to give high school kids and college students the funds necessary to improve themselves with education and skills training in the mean time. If you are 40 and still working for minimum wage you are better off going on welfare and being replaced by a machine. Society is better off trimming the inefficiency of idiots rather than the liability of giving them a false sense of importance with a minimum wage job.
>>69253285
Cool Commiefornia can be the experiment.
>>69253285
Raise it to $100/hour, then everyone will be rich.
Who needs incentives and economic freedom and shieet, when you can create wealth out of nothing through government price-setting, just like the USSR.
>>69253285
I'm going to off myself
I am biochemistry major business minor from prestigious college been doing PhD level work with genomics, proteomics, transcriptomics last 3 years, recently generating virus resistant transgenic frops
I got paid 10/hour in cancer biology, now 15/hour to do lazy postdoc's work for them bc they can't even do it right themselves
Fuck this world I hate everything
>>69267652
Oh and got into phd programs, most have no money or discriminate against white males, or want me to spend 2 years in masters prior to wasting 5 years to learn shit I can already do now and can learn newest shit as soon as phd's
FUCkING SEETHING WITH ANGER
>>69258488
How much cash do I need to buy a /comfy/ wood house in the isolated midwest?
Why the fuck even jump from 7 to 15?
Who the hell thought a 214% increase wasn't going to have a humongous impact on the economy?
8 or 9, sure. But 15 sounds like your head is deep inside your ass.
>>69253285
It could be bad, but it could also be good.
If 15 $ is the equilibrium of supply and demand, California is doing the right thing.
If 15 $ is above the equilibrium, the unemployment wil rise and the quantity of products will fall.
>businesses can't afford it
>the close shop or move
>lots of unemployed
>economy is stifled
>downward spiral
>on top of it skilled labour wants to be paid more because why should they only be making a couple dollars an hour to a HS drop out?
Etc etc
The NY Times has the complete opposite opinion on this today.
>>69269330
jesus. what went wrong with nyt
>>69269330
rest in piece sweet prince
Illegals aren't covered by this obviously so it won't affect agriculture in the state. Most everywhere else in the state can handle a $15 minimum wage because it's expensive as fuck to do anything in California.
It's going to expel the parasitic companies from California that want to pay tech people $10 an hour or less in their "start ups" but that's about it.
In most other states this wouldn't work at all. Professional jobs pay $15/hr in the Midwest. It would crash the economies with no survivors everywhere except big cities.
>>69269330
This blew my mind
