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

  1. #361
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    So one of the left's solutions to a stagnating American economy is to force companies to pay people far more then they are worth? Thus raising prices across America, as the increased pay eventually filters up through most pay scales. Thus making American products less competitive against imports. Thus costing jobs. Thus raising unemployment.
    Additionally, those on fixed incomes (those on welfare/seniors) will see their dollars buy less as prices rise due to much higher labor costs. So their standard of living will go down.

    Brilliant example of how the left assumes that a nice sounding idea MUST make sense in the real world...when clearly it is little more then a macroeconomically-ignorant fantasy.


    Of course, the logical way to increase worker pay/employment is to lower corporate/business taxes and reduce regulations so businesses can put more money towards their actual businesses and less towards wasteful governments. This would allow American businesses to be more competitive against imports and thus hire more people for expansion which would lower the unemployment rate which would eventually lead to labor shortages which would force up workers pay as these companies need to entice new workers with higher wages.
    But no, that would not allow the left to have all the lovely, massively-expensive social programs that they have sweet dreams about when they go to bed at night. Plus, those dreams are filled with punishing those terrible companies that don't pay their workers what some liberal (who has never owned a business) thinks they should be paid.

    The notion of doubling workers pay for ZERO increase in productivity is going to help the economy is absolute, economic madness.
    Last edited by DA60; 05-27-15 at 03:40 AM.
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  2. #362
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Even though the minimum will be $20 per hour,
    if the person doesnt know how to handle and use the money,
    nothing will change

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

    Quote Originally Posted by KevinKohler View Post
    To expound.....



    More money = more growth?


    So all I gotta do is tell the bank, give me a million dollar loan, and due to that money, I'll make money, pay back the loan plus interest?


    Even fit shafed drunk, I can debunk this flawed logiuc, lol.
    Again, that exactly what you say with a business plan. Loan me money to expand my business, and Ill make more money.

  4. #364
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Here's a nice footnote to this story:

    L.A. labor leaders seek minimum wage exemption for firms with union workers - LA Times

    Labor leaders, who were among the strongest supporters of the citywide minimum wage increase approved last week by the Los Angeles City Council, are advocating last-minute changes to the law that could create an exemption for companies with unionized workforces.


    The push to include an exception to the mandated wage increase for companies that let their employees collectively bargain was the latest unexpected detour as the city nears approval of its landmark legislation to raise the minimum wage to $15 an hour by 2020.

    For much of the past eight months, labor activists have argued against special considerations for business owners, such as restaurateurs, who said they would have trouble complying with the mandated pay increase.


    But Rusty Hicks, who heads the county Federation of Labor and helps lead the Raise the Wage coalition, said Tuesday night that companies with workers represented by unions should have leeway to negotiate a wage below that mandated by the law.

    "With a collective bargaining agreement, a business owner and the employees negotiate an agreement that works for them both. The agreement allows each party to prioritize what is important to them," Hicks said in a statement. "This provision gives the parties the option, the freedom, to negotiate that agreement. And that is a good thing."

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

    Quote Originally Posted by braindrain View Post
    So you own two businesses that each take care of one person. Well I guess you did say they were small.
    Read AGAIN, guy - didja see the part about the store? That's at our STORE, where we serve whatever customers walk in our STORE. The two people we take care of are at HOME. And YES, we do have employees.

    Next time, READ the post before you start having to chew on your ankles, willya?
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  6. #366
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by braindrain View Post
    You say that seattle is doing just fine with the new min wage. You think that has anything to do with the fact that the new wage was only raised to 11 per hour back on April 1st and won't get to 15 for 3 years for large businesses. Pretty silly to bragg about the success when it hasn't even happened yet.
    Atleast try and be honest when you debate.
    The ones who aren't being honest are the ones who claim that it's the minimum wage hike that's already forced them out of business...and their dishonesty is proven by the exact point you just made above.
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by Glen Contrarian View Post
    Read AGAIN, guy - didja see the part about the store? That's at our STORE, where we serve whatever customers walk in our STORE. The two people we take care of are at HOME. And YES, we do have employees.

    Next time, READ the post before you start having to chew on your ankles, willya?
    I said you own two businesses that each take care of one person. I didn't say anything about if you owned more businesses or not. I was simply talking about those two

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

    Quote Originally Posted by Glen Contrarian View Post
    The ones who aren't being honest are the ones who claim that it's the minimum wage hike that's already forced them out of business...and their dishonesty is proven by the exact point you just made above.
    What does them saying dishonest things have to do with you posting dishonest things. What you posted was factually wrong and you tried to use it to prove your point. Other people lying does not make it ok for you to lie.

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

    Quote Originally Posted by jonny5 View Post
    Again, that exactly what you say with a business plan. Loan me money to expand my business, and Ill make more money.
    Say's the guy who's CLEARLY never tried it, lol!
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by DA60 View Post
    So one of the left's solutions to a stagnating American economy is to force companies to pay people far more then they are worth? Thus raising prices across America, as the increased pay eventually filters up through most pay scales. Thus making American products less competitive against imports. Thus costing jobs. Thus raising unemployment.
    Additionally, those on fixed incomes (those on welfare/seniors) will see their dollars buy less as prices rise due to much higher labor costs. So their standard of living will go down.

    Brilliant example of how the left assumes that a nice sounding idea MUST make sense in the real world...when clearly it is little more then a macroeconomically-ignorant fantasy.


    Of course, the logical way to increase worker pay/employment is to lower corporate/business taxes and reduce regulations so businesses can put more money towards their actual businesses and less towards wasteful governments. This would allow American businesses to be more competitive against imports and thus hire more people for expansion which would lower the unemployment rate which would eventually lead to labor shortages which would force up workers pay as these companies need to entice new workers with higher wages.
    But no, that would not allow the left to have all the lovely, massively-expensive social programs that they have sweet dreams about when they go to bed at night. Plus, those dreams are filled with punishing those terrible companies that don't pay their workers what some liberal (who has never owned a business) thinks they should be paid.

    The notion of doubling workers pay for ZERO increase in productivity is going to help the economy is absolute, economic madness.
    Except that during all these years of constantly increasing productivity, wages have remained stagnant.


    I think all anyone is suggesting is that we try to catch back up.
    "Half full or half empty doesn't matter. What matters is, you've only got half a glass...so what are you going to do about it?" - Me
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