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Los Angeles Raises Minimum Wage to $15 an Hour

Yes, I have and do.

Fair enough. Then I do not understand your position that wages can simply be artificially raised without any effect whatsoever on the business. It doesn't make sense.

May I ask what business you are in? Government contracts/subsidies? Owner? Manager? I'm just curious, I won't try and cut you down for it. :)
 
Fair enough. Then I do not understand your position that wages can simply be artificially raised without any effect whatsoever on the business. It doesn't make sense.

May I ask what business you are in? Government contracts/subsidies? Owner? Manager? I'm just curious, I won't try and cut you down for it. :)

I never claimed with no effect. Please reread my post.

To your other query, as of most recently, I own and manage a materials modeling/discovery ,consulting, and visualization company. The avatar should be a clue. :) We pursue contracts with parties in all sectors. I employ 4 people including myself, all as part time/ side jobs for now;hopefully we will grow to full time within 24 months.
 
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usually pro-business ideals drive economic activity. that in turns creates more jobs and more demand for workers. higher demand for workers leads
to higher wages as companies seek workers to come work for them.

That's not logically consistant.

Do you own a business? If so, have you ever hired someone just because legislation became more "business friendly"?
 
That's not logically consistant.

Do you own a business? If so, have you ever hired someone just because legislation became more "business friendly"?

it is 100% logically consistent.

no I hire more people because that business friendly legislation allows me to grow and run my business the way I need to.
Business friendly legislation allows me to invest money into the business instead of spending it on government demands.

more money = more growth = the need for more workers = higher wages to get workers.

however the wages need to get set for the job the person is doing.

please go open a fast food business and pay everyone 15 an hour and see how long you stay in business.
heck do that with any small business.
 
it is 100% logically consistent.

no I hire more people because that business friendly legislation allows me to grow and run my business the way I need to.
Business friendly legislation allows me to invest money into the business instead of spending it on government demands.

more money = more growth = the need for more workers = higher wages to get workers.

however the wages need to get set for the job the person is doing.

please go open a fast food business and pay everyone 15 an hour and see how long you stay in business.
heck do that with any small business.

More demand leads to more growth.

Yours is a foolish business plan. You propose to expand your business simply because you have more money to do so via a more "business friendly" government.

I hope you don't apply for loans with that sort of logic.
 
More demand leads to more growth.

Yours is a foolish business plan. You propose to expand your business simply because you have more money to do so via a more "business friendly" government.

I hope you don't apply for loans with that sort of logic.

Isnt that exactly how one applies for loans? More money to expand the business which will result in more profit. How is that any different than having more money through less taxation/regulation? Its better even because its your own money, not debt.
 
Isnt that exactly how one applies for loans? More money to expand the business which will result in more profit. How is that any different than having more money through less taxation/regulation? Its better even because its your own money, not debt.

Uh, no. You apply for loans via providing some form of evidence or a promise of ability to REPAY those loans. IE, I am experiencing increased demand, I need some capital in order to to get me started funding increased growth to MEET those demands.


Anything is putting the cart before the horse.
 
Isnt that exactly how one applies for loans? More money to expand the business which will result in more profit. How is that any different than having more money through less taxation/regulation? Its better even because its your own money, not debt.

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.
 
THAT, sir, is why I linked to someone who did know the business, and who could speak about the level of competition in the area - establishments just like hers who are NOT going out of business. AND I included links showing that ONE business failure - in an industry with the highest rate of failure even in the best of times - is not a big deal at all.

But of course since these FACTS don't fit your narrative, you decide that they are of no consequence.



And we're doing just fine here in the Seattle area even with that minimum wage hike. But of course our economic success is something you must ignore since that doesn't fit your narrative.



Not a strawman - a challenge. Go live in a nation that doesn't have a significant minimum wage or strong unionization, stay there for a while, then get back to us and tell us how wonderful the economy there is.
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.
 
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.

So you own two businesses that each take care of one person. Well I guess you did say they were small.
 
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.
 
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Even though the minimum will be $20 per hour,
if the person doesnt know how to handle and use the money,
nothing will change :doh
 
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.
 
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."
 
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?
 
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.
 
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
 
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.
 
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!
 
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.
 
A strong middle class. That's what we really need. Unfortunately, now the situation is close to collapse. If you aren't making about $250 k a year in this economy you can expect to see your fortunes fall
 
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