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

  1. #81
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by KevinKohler View Post
    I could counter that by saying no business can justify paying anyone 6,000 per hour or more either.
    depends on what that person is doing, and yes they can if that person is earning more than 6000 an hour.
    of course the job of a ceo is way harder and more complicated than that of a dish washer.

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

    min wage increases like this force companies to make hard decisions

    a. automation....some things they may have put off, now seem much more palatable
    b. staffing.....wont have a janitor....will let others pick up slack in some areas, or maybe even let it go completely
    c. move their business to a friendlier place
    d. fold their business and go back to working for someone else

    with gross margins tight....and if the market will not allow the raising of prices....i can see a lot of places closing

    like seattle...we will see

    it takes time for these laws to be on the books, before you get a clear picture of what happened

    sometimes...it may be too late to change
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

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

    Quote Originally Posted by Anomalism View Post
    Good news for the fight against income inequality.

    http://www.nytimes.com/2015/05/20/us...hour.html?_r=0

    The nation’s second-largest city voted on Tuesday to increase its minimum wage to $15 an hour by 2020 from the current $9 an hour, in what is perhaps the most significant victory so far in the national push to raise the minimum wage. The increase — which the Los Angeles City Council passed in a 14-1 vote — comes as workers across the country are rallying for higher wages, and several large companies, including Facebook and Walmart, have moved to raise their lowest wages. Several other cities, including San Francisco, Seattle and Oakland, Calif., have already approved increases, and dozens more are considering doing the same. In 2014, a number of Republican-leaning states like Alaska and South Dakota also raised their state-level minimum wage by referendum. The impact is likely to be particularly strong in Los Angeles, where, according to some estimates, more than 40 percent of the city’s work force earns less than $15 an hour.

    Bad news for employees. As usual, the brain stems that run the City of Los Angeles see an opportunity to buy more slaves, and run small business owners out of the city.

    Why not $25/hr? How about $50? What brain trust economic wizardry came up with $15/hr as the magic bullet? Why not $14.82/hr, or $15.11/hr?

    Just more cookies for the losers who are determined to see young people never get employed.
    President Donald J Trump, 45th President of the United States of America. A victory born in the hearts and minds of Everyday Americans

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

    Quote Originally Posted by Glen Contrarian View Post
    Looks to me like you're confusing correlation with causation, because there's quite a few nations out there with significant government-mandated minimum wages whose economies are doing quite well, thank you very much. Just ask Canada. Or Australia. Or New Zealand.
    How about you ask Canada, Australia and New Zealand if they would like the US economy and the stability necessary to make their currency the fiat currency around the world?
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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

    Quote Originally Posted by Anomalism View Post
    Good news for the fight against income inequality.

    http://www.nytimes.com/2015/05/20/us...hour.html?_r=0

    The nation’s second-largest city voted on Tuesday to increase its minimum wage to $15 an hour by 2020 from the current $9 an hour, in what is perhaps the most significant victory so far in the national push to raise the minimum wage. The increase — which the Los Angeles City Council passed in a 14-1 vote — comes as workers across the country are rallying for higher wages, and several large companies, including Facebook and Walmart, have moved to raise their lowest wages. Several other cities, including San Francisco, Seattle and Oakland, Calif., have already approved increases, and dozens more are considering doing the same. In 2014, a number of Republican-leaning states like Alaska and South Dakota also raised their state-level minimum wage by referendum. The impact is likely to be particularly strong in Los Angeles, where, according to some estimates, more than 40 percent of the city’s work force earns less than $15 an hour.
    Raising prices and cutting workforce will be the result. Fewer jobs, more expensive goods, more Democrat votes. Mission accomplished!
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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

    what may actually occur is more and more people working under the table....working for cash

    saves the employers taxes.....doesnt worry about paying minimum wage

    for los angeles area, there is an abundant number of undocumented workers willing to do so

    the more i think about it....the more this will be the solution for most small businesses

    and less taxes for the city.....woot....they won!.......lmao
    “Most of the shadows of this life are caused by standing in one's own sunshine.”

    Ralph Waldo Emerson

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

    LA should expect a sharp rise in illegal immigration.

  8. #88
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by Fenton View Post
    Its driven their inflation rates through the roof.
    This is false. A plunging currency, deficits during periods of extreme economic growth, lack of access to international financial markets, propensity to hold dollars (7% of all dollars are held in Argentina), low interest rates, etc... are the drivers of inflation.

    Calls to increase wages came after inflation roared.

    In order to reign in price increases, their central bank will have to invoke a recession as a means of squeezing inflation expectations.
    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

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    I'm not-low all the time



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

    Quote Originally Posted by cpwill View Post
    "The growth of the Internet will slow drastically, as the flaw in 'Metcalfe's law'–which states that the number of potential connections in a network is proportional to the square of the number of participants–becomes apparent: most people have nothing to say to each other! By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's."

    - Paul Krugman, 1998
    Since you are unaware, the quote above comes from a 1998 Time Magazine article where he was asked to fast forward 100 years to 2098, and provide a thought provoking account of the past 100 years. He also "predicted" St. Petersberg will have more skyscrapers than NYC....

    Surly you can do better than this.
    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

  10. #90
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    Re: Los Angeles Raises Minimum Wage to $15 an Hour

    Quote Originally Posted by poweRob View Post
    THAT's WHAT I'M SAYING. Allow them to work here under a work visa ABOVE the table.

    I lived in AZ for over a decade and are aware of immigrant's treacherous journeys to America. It's under the promise of loads of under the table jobs. A promise that businesses deliver. Start jailing those businesses hiring them under the table, dole out work visas so they work ABOVE the table, tax them and make them compete fairly with American workers at our wages.

    I swear you aren't reading my posts at all and are just posting pre-written statements and they don't even address what I'm saying.


    let me see if i can get what you are saying:

    raise the wage to $15.....allow people who are not Citizens, to work legally by work visa........

    so according to you every person would be a legal working person in america........and because everyone in america is legal, the businesses of america are only going to hire american citizens?..is that correct?



    note to you: if the u.s. gave a work visas to any person who wanted one, people around the world would see a potential of making $15 an hour in america, the u.s. would be overwhelmed with applications for work visas from foreigners who would give up everything to get here, and once here if they did not get hired what would they do?

    remember that most of the people coming here would not speak the language, know the laws, have little to no money, no body is going to hire someone who looks and smells like they slept in a dumpster.

    they would have to resort to crime or the system would have to care for them, making the tax payer pay the bill.

    you have not thought into the details of your idea at all.
    Anti-Democracy advocate, Mixed government is the only good government

    THE
    second point to be examined is, whether the [constitutional ]convention were authorized to frame and propose this mixed Constitution.


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