Page 1 of 13 12311 ... LastLast
Results 1 to 10 of 125

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

  1. #1
    Sage
    jamesrage's Avatar
    Join Date
    Jul 2005
    Location
    A place where common sense exists
    Last Seen
    12-10-17 @ 09:23 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    31,067

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

    Hopefully those already making 10 dollars an hour are not expecting a pay raise.


    David Frias works two minimum-wage jobs to squeak by in one of the most expensive cities in America. Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.
    It won't put much more in Frias' wallet. But it gives him a sense of moving on up.

    "It's a psychological boost," said Frias, who is a 34-year-old usher at a movie theater and a security guard for a crowd control firm. "It means that I'll have more money in my wallet to pay my bills and money to spend in the city to help the economy."
    San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.
    Karl Kramer of the San Francisco Living Wage Coalition said a decent wage for a single adult without children in the city would be $15, and that doubles when you have at least one child or more. But like other advocates of better wages, he's still pleased that San Francisco will be the first in the nation to top $10.

    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  2. #2
    Educator
    Join Date
    Jun 2010
    Last Seen
    01-17-15 @ 02:59 AM
    Gender
    Lean
    Liberal
    Posts
    629

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

    I think this is good. Helps to prevent and reduce a poor class. Businesses can deal with less profits/higher prices, I think a high minimum wage is the way to go.

  3. #3
    Banned
    Join Date
    Feb 2011
    Location
    Everywhere and Nowhere
    Last Seen
    03-07-12 @ 03:28 AM
    Lean
    Independent
    Posts
    3,692

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

    It's not really that big of a deal. The major cities in Canada average $9-10/hr. I'm surprised San Fran is the first. It should have happened a long time ago. Cost of living has increased a lot but living wages have not.

  4. #4
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 08:57 PM
    Gender
    Lean
    Conservative
    Posts
    57,115

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

    Quote Originally Posted by Opteron View Post
    I think this is good. Helps to prevent and reduce a poor class. Businesses can deal with less profits/higher prices, I think a high minimum wage is the way to go.
    good point. personally, i say we increase the minimum wage to $100,000 a year. that way we can all be rich!

  5. #5
    Educator
    Join Date
    Jun 2010
    Last Seen
    01-17-15 @ 02:59 AM
    Gender
    Lean
    Liberal
    Posts
    629

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

    Quote Originally Posted by cpwill View Post
    good point. personally, i say we increase the minimum wage to $100,000 a year. that way we can all be rich!
    Fine by me, as long as you phase it in gradually. Do you have a point you're trying to make or are you just trolling?

  6. #6
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 08:57 PM
    Gender
    Lean
    Conservative
    Posts
    57,115

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

    thaaaaat the logic behind a living wage is really stupid?

    that you can't increase compensation indefinitely - or indeed very far at all - without increasing production?

    that labor exists on a supply/demand curve?

    that cost of labor is part of the cost of production?



    gosh, prices have been going up in the city??? man, I wonder if that has anything to do with the inflated labor costs businesses are working under.....

  7. #7
    Educator
    Join Date
    Jun 2010
    Last Seen
    01-17-15 @ 02:59 AM
    Gender
    Lean
    Liberal
    Posts
    629

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

    Quote Originally Posted by cpwill View Post
    thaaaaat the logic behind a living wage is really stupid?

    that you can't increase compensation indefinitely - or indeed very far at all - without increasing production?

    that labor exists on a supply/demand curve?

    that cost of labor is part of the cost of production?



    gosh, prices have been going up in the city??? man, I wonder if that has anything to do with the inflated labor costs businesses are working under.....
    A reasonably well-set minimum wage is not stupid. Having no regulation at all is stupid.

    You no what else exists in a free market and with a supply and demand curve?, monopolies, dumping, exclusive contracts... Just saying supply/demand is the answer does not always result in the best outcome. Monopolies exist on a supply and demand curve. And then they raise prices really high and pocket all the money, pay off all the suppliers through kickbacks, which is also part of the free market, and prevent any competition from entering the market. Supply and demand is not the answer to every situation.

    Quote Originally Posted by cpwill View Post
    gosh, prices have been going up in the city??? man, I wonder if that has anything to do with the inflated labor costs businesses are working under.....
    No, its probably property prices that are driving up the costs in the city, I doubt inflation due to labor costs is the driver. Cities are always more expensive then less dense/less desirable areas. Cities, especially downtown areas, naturally have higher costs because of desirability and property prices, its not because of labor. And to have a minimum wage to keep up with this only makes sense.
    Last edited by Opteron; 12-13-11 at 04:50 AM.

  8. #8
    Sage
    cpwill's Avatar
    Join Date
    Dec 2009
    Location
    USofA
    Last Seen
    Yesterday @ 08:57 PM
    Gender
    Lean
    Conservative
    Posts
    57,115

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

    Quote Originally Posted by Opteron View Post
    A reasonably well-set minimum wage is not stupid.
    well, it depends on your goals. the people who instituted the minimum wage, for example, had very clear intentions for it. however, the "let's mandate that workers earn more so they will be better off" plan is a fallacy.

    Having no regulation at all is stupid.
    if by "no regulation" you mean "no minimum wage", then it is not stupid, such a move would, in fact, be wise.

    You no what else exists in a free market and with a supply and demand curve?, monopolies, dumping, exclusive contracts...
    actually as far as i am aware, none of these exist on a supply/demand curve. I think you have the supply/demand curve confused with the free market, and I think you have a pretty false notion of how it operates. competition is death to monopolies, which historically have had to rely on government subsidy in one form or another in order to maintain.

    Just saying supply/demand is the answer does not always result in the best outcome
    that is correct - it generally results in the best possible outcome.

    Monopolies exist on a supply and demand curve.
    no, they do not. monopolies can exist in a market; but unless they are externally supported they tend to rapidly fall.

    And then they raise prices really high and pocket all the money, pay off all the suppliers through kickbacks, which is also part of the free market, and prevent any competition from entering the market.
    if they raise prices really high, then competition will eviscerate them. heck, even if they don't raise their prices at all, but stand still, competition will eviscerate them, just slower.

    Supply and demand is not the answer to every situation.
    supply/demand curves isn't an answer, it is a reality. when you artificially increase the relative cost of labor, demand for labor will go down. When you put in a price floor, then resources that cannot command a price above the floor (in this case, labor) go unsold (ie: become or remain unemployed).

    No, its probably property prices that are driving up the costs in the city, I doubt inflation due to labor costs is the driver. Cities are always more expensive then less dense/less desirable areas. Cities, especially downtown areas, naturally have higher costs because of desirability and property prices, its not because of labor. And to have a minimum wage to keep up with this only makes sense.
    no, it doesn't. but let's walk through the prototypical example: Henry Ford famously offered that he paid his workers higher wages so that they could afford to purchase his cars. This was a great advertising technique, but a poor economic one. Because the wages of his workers made up part of the price of the car, and so every time the wages were increased, so was the price of the vehicle.

    When you artificially jack up the price of labor, business owners have generally three choices: A) raise prices B) make do with fewer employees, or C) close up shop and move elsewhere.

    You are describing the effects of many business owners performing A, given California's unemployment rate it seems many have chosen B, and given the rate at which businesses and business owners are fleeing the state, it seems that many are also choosing C.

    well done.
    Last edited by cpwill; 12-13-11 at 05:19 AM.

  9. #9
    Liberal Fascist For Life!


    Redress's Avatar
    Join Date
    Mar 2008
    Location
    Georgia
    Last Seen
    Today @ 05:53 AM
    Lean
    Very Liberal
    Posts
    93,328
    Blog Entries
    2

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

    Quote Originally Posted by cpwill View Post
    good point. personally, i say we increase the minimum wage to $100,000 a year. that way we can all be rich!
    I say ridiculous exaggerations are retarded,
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

    Quote Originally Posted by Fiddytree View Post
    Uh oh Megyn...your vagina witchcraft is about ready to be exposed.

  10. #10
    Sage
    lpast's Avatar
    Join Date
    Mar 2011
    Location
    Fla
    Last Seen
    05-21-16 @ 10:12 PM
    Gender
    Lean
    Independent
    Posts
    13,565

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

    Quote Originally Posted by cpwill View Post
    good point. personally, i say we increase the minimum wage to $100,000 a year. that way we can all be rich!
    Why would you do that ? everyone knows you can pay rent in a hovel and eat dirt and have your electric and phone turned off in any major city living on minimum wage...why in the world would we want to improve on that...sheesh

Page 1 of 13 12311 ... 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
  •