http://m.motherjones.com/kevin-drum/2016/03/california-dives-unknown-15-minimum-wage Should be interesting to see how this works out. Will the sky actually fall as opponents argue?
poor people make minimum wages and spend 100%+ of their incomes. giving more money to poor people will increase the velocity of money. however, capitalists will make sure that consumers pay the wages and not profits so it may be a moot point.
So stupid. Millenials and poor people are encouraged to work for minimum wage, and not better their lifestyle by educating themselves and hustling to advance themselves in their careers. McDonalds is not a place to make a career. This damn entitlement society we live in now. America needs to get their asses out of every damn foreign country and get back over here and save America from itself. Disappointing but not surprising. Loud cheers from all of the Sanders supporters.
Why not make it $50 an hour? Why not $150 an hour? Any arbitrary minimum you pick will always result in the people making it being poor in the long run and now I'd bet a lot of people who once made above minimum wage have just become minimum wage employees. Good job.
These lazy bastards that were out there protesting for this mess. Fight for $15!!! Seems like they are perfectly content with making that money, then slowly realizing later on down the road the markets will adjust to negate the increase. They are too stupid to realize that second part, oh well we will just Fight for $20!!!! The cycle will continue. Realistically speaking, a minimum wage job is made to get someone work experience, and the true intention in my belief is to build on those skills and leave that job in the dust 5 years down the road. The morons that were protesting this mess have no intention of doing so. They are perfectly content with using less than 1% of their brain. And while we are on the topic of Millenials, tell me kindly what you expect to do with a "Bachelor of Arts in Women's Studies" degree? $15 dollars is calling your name!
This is a strange post. So WORKING for $15/hr is entitlement? Also, $15/hr you think would make people set that as their career goal? I think the life most people would set as their goal would exceed what can be done on $15 an hour. The very small amount of people who would possibly set that as their career goal would be the right amount to fill those jobs, and since it was actually their career goal, they'd probably me more dedicated to it, than people who were just doing it to get by in order to pay for their education or as a summer job.
Justify to me how pushing buttons on a cash register is worth $15/hr? Or flipping a burger? Or dropping fries into a fryer?
How many people do you actually know who earn minimum wage. I know a bunch, and they are (in just my experience) hard-working and hold several jobs at once to pay the bills. How many people do you actually think have the skill set to get technical or science and math degrees? I have taught thousands of university students, and the great majority just aren't cut out for a technical profession. It's easy to lambast someone for their degree choice, but do you want the nation's college students to all flunk organic chemistry or quantum physics? What would that achieve? Just saying you're vastly oversimplifying a complicated issue. Cheers.
You seem to not understand that minimum wage jobs is not something you can eliminate. You can have a society where everyone has a PHD and still someone has got to wait tables, flip burgers and stock shelves. And lol at this Millenial rant. Minimum wage laws aren't for millenials, they are for single parents, usually much older than Millenials, who are forced to make a career out of minimum wage jobs.
So if you can't run your own company or program a computer... you don't deserve to earn a living wage, no matter how hard you work? That is completely un-American, to me at least. The country was built on a whole lot of menial labor and a lot of pride in that labor. Have you been to a place like Lufkin, TX? All the good jobs were exported. The timber industry has imploded there. They only have fast food restaurants, a Walmart, and a few county employee jobs. What do you want people to do there? Do you insult the entire community b/c most work in fast food?
Because it provides a service, and it can be hard work under less than pleasant conditions. It's far more value than the CEO of a failed corporation who earns millions http://americablog.com/2012/11/hostess-twinkie-ceo-salary.html Also it would be beneficial to the economy to have people able to pump the minimum wage increase into the economy, and spend money so that other jobs turn a greater profit, their's a greater demand for other work etc.
We will see how this turns out, as CA is the eighth largest economy in the world. If this works well, expect other states to vote in even higher minimum wages, if it does not work well, expect this will be the talking point for the right for decades. I do not know how this will turn out, but conceptually I have a hard time seeing how this will work. If everyone is making $15 an hour, wouldn't the ones currently making $15 want to make $20 and ones making 25 want to make 30 or 40? If that is the case, wouldn't $15 just be the new $10? If the higher wages does not get the corresponding increases, it just means we are shifting the middle class earning to lower class right?
Prices would sore through the roof. Walmart, Kmart, and perpetual deal bundle outlets would no longer exist. I look through my wardrobe and possessions I couldn't afford 130% of what I have if they were all made by the Americans, Korean, Japanese or other first world nations.
Yeah, it's a good point. AND the increased minimum wage has (in San Francisco, where we've had it elevated for a little while now) put some little businesses under. If you need 3 people working the floor and you have narrow margins, you just can't bump everyone's pay 33%. While I support the theory, I do wonder if it should be more graduated so that businesses can have a path forward.
The minimum wage has stagnated since the 70s. You have to be careful as to not increase it to the point where automation becomes less expensive, lest you end up putting a lot of people out of work, but 15+ an hour is long overdue. Everyone arguing otherwise is disinterested in reality and/or towing the line for the top sliver of a percent of the economic spectrum to which they will never, ever be a part of.
This probably overdue for a state like California where 75% of the population lives along the coast. This is the great equalizer since people in California and just about everywhere else in the US are unwilling to enforce the laws on immigration.
It depends how you define "living wage". Does your definition include a car? Cell phone? Children? Gym membership? Savings?
Nobody should have to justify anything to you when you don't even have a basic understanding of the topic at hand. Why don't you justify why people shouldn't see steady increases in wage (especially low income earners) when cost of living is constantly on the rise?
