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Thread: Los Angeles Raises Minimum Wage to $15 an Hour

  1. #211
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by Glen Contrarian View Post
    We'll see in the years to come, won't we?



    I am a small business owner. We've got a small store where we do airline ticketing (at rates that are almost always lower than anything you find online), package shipping, and money remittance. We also have another small business where we provide home care to an elderly lady with dementia, and another one where we provide home care to a young man (who was our Foster child since he was four) who has fetal drug syndrome - he has a trach, a g-tube, rods in his back, seizure disorders, cleft palate, and is also developmentally-disabled.

    So yes, we DO own three small businesses and we DO have employees. Are you doing as much? Perhaps you are - I don't want to make the same mistake you just made by assuming that I don't know anything about running a business.
    LOL of course you do everyone is everything on the internet.
    you don't pay 15 bucks an hour either on every position you have.

    you pay the market rate for the job the person is doing.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    A pay raise for minimum wage losers is a pay cut for everyone else.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ocean515 View Post
    How about the business owners successfully operated a couple of stores, and now remaining in business is questionable? Obviously, never thought about that.
    It happens every day. You're paying way too much for lease rates.
    You can dance without a lawyer

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    why do you think companies are abandoning CA in general? their are simply better places out there to do business in.
    no restaurant prices have gone up more so your local places more than your chains. however I have noticed that even chain prices have gone up as well.

    businesses pay what the position is worth and being a bus boy or a dishwasher or a cashier doesn't entitle you to 15 bucks an hour
    Trust me, California doesn't care. For every one that leaves, 10 more start up.
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    I just showed that it did and you were proven wrong and I am sure that there were more that were not reported.

    businesses cannot justify paying low skill no skill workers 15 dollars
    Look, your little article has zero effect, that's what I've been telling you. Your opinion is useless against the markets and public demand. If you can't sell your cup cakes here - then leave.
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by donsutherland1 View Post
    As is the case with Seattle, San Francisco has a highly-educated workforce (52.4% with bachelor's degrees or above vs. the national average of 28.8%). The end result is very low unemployment (4.2% rate vs. 5.6% national rate in March), high productivity (per capita income of $48,486 vs. the national average of $28,155) and high incomes (median household income of $75,604 vs. the national average of $53,046). Of course, even there, there will be some economic dislocation.

    Los Angeles is in a worse position. A large share of Los Angeles' population is under-educated (25.5% have no high school diploma vs. the national average of 14.0%). As the unemployment rate is directly correlated with educational attainment and job security is also greater with higher educational attainment, it isn't surprising that Los Angeles currently has a 6.6% unemployment rate (vs. 5.6% in the U.S. in March), along with lower productivity ($27,829 per capita income) and lower median household income ($49,497) than San Francisco (or Seattle) and a poverty rate more than 50% above the national average. Lower-skilled jobs often come with a lack of benefits and 28.3% of Los Angeles residents under the age of 65 lacked health coverage (vs. 15.3% nationwide). Los Angeles' economy is in a much weaker position than San Francisco's or Seattle's to cope with a $15 per hour minimum wage.
    All that sounds fine however L.A. is L.A. and just like up here, businesses will come and go a dime a dozen. The ones that make it will be able to afford $15 an hour. If the others can;t hack, then asta la byebye.
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by jet57 View Post
    Look, your little article has zero effect, that's what I've been telling you. Your opinion is useless against the markets and public demand. If you can't sell your cup cakes here - then leave.
    businesses are leaving or closing down. that is why CA has some of the highest poverty rates in the country and more people on government assistance.
    it has been going on for years.

    yep if I owned a cupcake shop in CA I would shut it down and move to NV where I can operate efficiently.
    it isn't a matter of selling cupcakes.

    it is the matter of making enough money off of them to continue operating.
    I mean if you will buy 10 dollar cupcakes then please do I will stay in business.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by jet57 View Post
    All that sounds fine however L.A. is L.A. and just like up here, businesses will come and go a dime a dozen. The ones that make it will be able to afford $15 an hour. If the others can;t hack, then asta la byebye.
    and the ones that make it won't be hiring no skill low skill workers either.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by ludin View Post
    and the ones that make it won't be hiring no skill low skill workers either.
    Then, what happens to the more than 25% of Los Angeles residents who lack high school diplomas? The disappearance of job opportunities for them almost certainly would lock them in poverty, especially as no large-scale education initiatives are on the horizon for the City.

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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by donsutherland1 View Post
    Then, what happens to the more than 25% of Los Angeles residents who lack high school diplomas? The disappearance of job opportunities for them almost certainly would lock them in poverty, especially as no large-scale education initiatives are on the horizon for the City.
    it is a liberal dream land isn't? tons of people dependent on the government for survival?
    beholden to their government overlords to provide for them while the rest of the people move to avoid the increased taxes.

    CA is going the way of Detroit but as the entire state as a whole.

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