Page 10 of 13 FirstFirst ... 89101112 ... LastLast
Results 91 to 100 of 125

Thread: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

  1. #91
    Sage
    Harry Guerrilla's Avatar
    Join Date
    Dec 2008
    Location
    Not affiliated with other libertarians.
    Last Seen
    09-01-17 @ 02:38 PM
    Gender
    Lean
    Libertarian
    Posts
    28,955

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Goldenboy219 View Post
    I never said that we should get rid of anything (except maybe companies that only exist due to low skilled labor). Janitorial services will still be in demand @ a $10/hr wage.
    And some companies will rely on low skill labor because while the labor is necessary, it will generally always be low skilled.
    That is just dumb to assume there is a replacement for low skilled labor, when no replacement may exist.

    In the case of janitors, Roomba and self sanitizing surfaces have been making strides, but not enough to replace the necessity of their low skilled labor.


    Quote Originally Posted by Goldenboy219 View Post
    Not at all. As already stated, McD's stays in business not because we have a low (relatively) minimum wage in the U.S., but because their products they serve are highly valued by our (obese, but that is for another topic) society.
    The labor for the work is low skilled and generally considered transitional, in that people eventually move on to more skillful work.
    Although some do not.

    Arbitrarily increasing wages to eliminate low skill work won't necessarily make people more skillful, some people just don't have the motivation.
    That's why you sometimes find middle age people working at McD's.


    Quote Originally Posted by Goldenboy219 View Post
    Never said everyone can.
    There is such a thing as brain glut and also, as long as we have a lifestyle safety net, people don't have to move beyond a minimum skill set.

    Quote Originally Posted by Goldenboy219 View Post
    Nope! I made a statement that reflects reality. There is a strong relationship between wages and productivity; marginal profitability increases as wages increase. Holding all else equal, a firm that employs 10 engineers will always be more valuable than a firm that employs 10 "landscape technicians".

    edit: firefox ****ed my original response, so this is all im willing to put forth
    Yes engineers are more valuable based on the work they produce, person to person, however that does not mean landscape technicians are valueless.
    Landscaping is just an easier field to enter, because the skill set is easier to learn.
    If there is a learning break through making engineering just as easy to learn, the relative value of engineers with eventually come on par with that of landscapers.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
    —Adam Shepard

  2. #92
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 12:19 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Harry Guerrilla View Post
    And some companies will rely on low skill labor because while the labor is necessary, it will generally always be low skilled.
    That is just dumb to assume there is a replacement for low skilled labor, when no replacement may exist.
    Notice how i was clear in my distinction; rely on low skill labor is not the same as "only exist due to low skill labor".

    In the case of janitors, Roomba and self sanitizing surfaces have been making strides, but not enough to replace the necessity of their low skilled labor.
    I agree!

    The labor for the work is low skilled and generally considered transitional, in that people eventually move on to more skillful work.
    Although some do not.

    Arbitrarily increasing wages to eliminate low skill work won't necessarily make people more skillful, some people just don't have the motivation.
    That's why you sometimes find middle age people working at McD's.
    I agree. But you cannot deny that increasing the wage floor incentivizes entrepreneurs to become more capital orientated. Back in the day, people used to pump your gas for you when you pulled up to the station. As wages increased, it became too costly to pay a person to pump gas for customers, and we no longer see this type of job for a rather obvious reason (and it is not because wages increased). It provided very little value. Gas station owners soon realized that providing gasoline is not nearly as profitable as retailing convenience items like fountain drinks and condoms. They traded low skilled employees for dink dispensers and retail space.

    There is such a thing as brain glut and also, as long as we have a lifestyle safety net, people don't have to move beyond a minimum skill set.
    Nonsense! People can and do move beyond a minimum skill set. You are going to have to put forth a better argument to convince me that a highly skilled population is not better than a less highly skilled population.

    Yes engineers are more valuable based on the work they produce, person to person, however that does not mean landscape technicians are valueless.
    Again, where did i say landscape technicians are valueless?

    If there is a learning break through making engineering just as easy to learn, the relative value of engineers with eventually come on par with that of landscapers.
    The key is promoting people to want to be engineers. Incentivizing low skilled alternatives in no way promotes up-skilling.
    Last edited by Kushinator; 12-13-11 at 08:50 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  3. #93
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Today @ 04:09 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,990
    Blog Entries
    1

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Big deal. So they make 10+ an hour mininum wage. They are no better off...likely WORSE off, than someone making the 7 Dollar an hour minimum wage in, say, SC.


    Economics. It's not just for kids on computers in chat forums anymore.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  4. #94
    Banned
    Join Date
    Jun 2011
    Location
    The greatest city on Earth
    Last Seen
    08-04-12 @ 04:27 PM
    Gender
    Lean
    Moderate
    Posts
    31,089

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by KevinKohler View Post
    Big deal. So they make 10+ an hour mininum wage. They are no better off...likely WORSE off, than someone making the 7 Dollar an hour minimum wage in, say, SC.


    Economics. It's not just for kids on computers in chat forums anymore.
    indeed. $10 an hour in San Fran..is still a measly $10 an hour in San Fran.

  5. #95
    Sage

    Join Date
    May 2011
    Last Seen
    Today @ 03:00 PM
    Gender
    Lean
    Centrist
    Posts
    8,180

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    I think San Francisco is trying to provide hope for naive young boys who are looking for somewhere to be and just, live, and you know just... be themselves! Mmm mmm!!! San Francisco here I COOOOOOMMMEE!!!

    Joking aside, eliminate the GD minimum wage.

    Ahem. The federal minimum wage.

    Let cities and states do what they want.
    Last edited by Neomalthusian; 12-14-11 at 04:11 AM.

  6. #96
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Regulations.jpg
    Quote Originally Posted by nathanj63 View Post
    What exactly are the regulatory costs to a business that hires an American?
    According to the Small Business Administration they are fairly significant, and worse for those who cannot utilize economies of scale as well as larger businesses can.

    it's worth noting that this is from 2005, and therefore does not count the regulatory bonanza that has been going on the past few years. nobody knows yet what Obamacare is going to eventually end up costing them.

  7. #97
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Today @ 11:40 AM
    Gender
    Lean
    Conservative
    Posts
    57,148

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Goldenboy219 View Post
    They lose their jobs! Hopefully some of them will actually up-skill in the desire to actually make a decent living.
    how will they, given that they are A) likely to be the least educated, B) likely to be the least credit worthy, C) likely to be the least educatable and D) now unable to make up for these things by building work experience?

    but at least someone is admitting that this means kicking poor people to the curb.

  8. #98
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in San Francisco is $6.04

    Price of Combo meal in fast food restaurant (Big Mac Meal or similar) in San Francisco :: Expatistan

    Interestin g IMHO

  9. #99
    Global Moderator
    Moderator

    Zyphlin's Avatar
    Join Date
    Jul 2005
    Location
    NoMoAuchie
    Last Seen
    @
    Gender
    Lean
    Independent
    Posts
    47,998

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    The fact that there's this push to make the "minimum wage" a "living wage" in and of itself is a bit ridiculous. There's no reason why a fry flipper at McDonald's should be able to fully support himself at a comfortable level by just doing that job and living on his own. There's no reason why a 16 year old in his first job at Best Buy hocking CD's needs to be making a "living wage" capable of sustaining himself on his own.

    Based on COL and other things, I can't rightly say if a LOCAL minimum wage such as in SanFran now is too high or too low. However, when people start talking about the FEDERAL minimum wage in a way that they are suggesting it should be a "living wage" then I find that to be extremely troubling.

  10. #100
    I'm not-low all the time
    Kushinator's Avatar
    Join Date
    Jan 2006
    Location
    West Loop
    Last Seen
    Today @ 12:19 PM
    Gender
    Lean
    Independent
    Posts
    16,263

    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by cpwill View Post
    how will they, given that they are A) likely to be the least educated, B) likely to be the least credit worthy, C) likely to be the least educatable and D) now unable to make up for these things by building work experience?

    but at least someone is admitting that this means kicking poor people to the curb.
    The low skill/low income demographic is the most likely to receive federal and state education assistance in the event that they decide to "skill up". Forcing companies to rely on good old fashion ingenuity as opposed to strictly profiting from a cost-plus-pricing business model promotes productivity growth.

    The evidence clearly points to dynamic monopsony as a key feature to the low-skill U.S. labor market; therefore increasing the wage floor provides collective bargaining power to the low skilled employee, while enhancing productivity on the employer side.
    Last edited by Kushinator; 12-14-11 at 01:31 PM.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

Page 10 of 13 FirstFirst ... 89101112 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •