Truth is, we should ALL be paid much more, probably around 15%-20% more, considering how much ceo salaries have risen and the prices of everything.
But nope, let the one sided hoarding continue
Truth is, we should ALL be paid much more, probably around 15%-20% more, considering how much ceo salaries have risen and the prices of everything.
But nope, let the one sided hoarding continue
Hoarding is considered a mental illness*.
[* Unless it's hoarding money. Then it's praised.]
This is it right here. $20/hr wouldn't even seem too outrageous if compensation had kept pace with productivity and profit margins. If anything, it'd be on the lower end and you wouldn't be able to sustain a decent living without splitting the cost up with someone else.
Iirc it should be around 25 bucks if minimum wage keeps up with inflation.
We should thrive, not just survive. Yall have no idea how much has been stolen from us. Me neither. Who knows what could have been if we weren't just complete shitters 24/7.
But republicans told me the sky would fall? /s
Seeing that minimum wage should be at least $26 an hour if it had kept up with inflation, $20 for a selected group of workers, in California is such a fucking stupid thing to get twisted about.
No, that's accounting for productivity, not inflation
Fast food work is something few want to do and hard to keep staffed. If you make it $20/h, any other job that seems more appealing will have to match or beat that wage.
April Fools! California is going back to fed minimum of $7.25
How is it that legislatures can pass tax law which use %s that automatically scale with income/sales/property values, but they can't figure out a way to pass wage laws that use %s to automatically scale with COL/inflation? Imagine hardcoding a taxable $ amount, and then not updating it for 30 years...
We tie a lot of things to Poverty Level.
This is why Poverty Level hasn't changed to match anything close to resembling reality in decades.
We would just do the same thing. I wish he didn't but we already changed how Inflation is measured in the 1970s to remove Housing, Allow Canned Chicken instead of actual chicken. It's all a big pissing game from on high.
Gaslighting. Its called gaslighting.
That's part of how it gets passed. The problem with setting it with an auto-increase is that it creates a situation where we might not ever pass another law about it because if we get it wrong on the high side Democrats will block any change and if we get it wrong on the low side Republicans will block any change.
A few years ago when the Fight for Fifteen was at its height, Mitt Romney proposed a minimum wage that auto-increased with inflation and he put the starting rate at...$10. And included some crazy cuts to Social Security and stuff so it was never going to happen but that's what I mean about the numbers being so far apart. $10/hr is so low that the left flank of the Democrats would reject it, which means you need more Republicans, and you'll just never get enough Republicans for a minimum wage increase.
Almost like that says something about... Something?
Legitimate possibly stupid question: California is a massively huge state with huge metropoli as well as tiny towns. How does a blanket rate increase work without harming the tiny towns?
Because wage increases don't actually hurt anyone. They actually grow the economy
It benefits tiny towns more.
The one big employer in that tiny town can probably get away with paying whatever because there's no competition in a tiny town, this is enforcing a wage increase for the lowest paid people.
To the extent prices increase, it's only a percentage of a percentage. Even if the cost is 100% passed along to the consumer, it's a 25% increase in the price of labor, which is 30% of the cost of a burger.
So apparently (from Google) the Big Mac combo is $18 already in California, and the $5.40 of that which is labor would go up to $6.75, for a total new maximum price of $19.35.
Meanwhile, the poorest people in the state are getting a 25% pay raise, from $33k to $41k annually if they're full time. That's a huge stimulus because poor people spend the money they earn.
A Big Mac combo is almost 20$?!? Who the fuck would buy that?
I'd rather go to a bomb ass Thai place for that money.
You can taste the depression of the workers when ya get food from burger king.
That said, there is no ethical consumption while living a capitalist way of life.
Haha I mean I did get that number from a Fox News article so that is probably like LA prices but yeah. The point scales with price so I just picked one from an article.
It's 11 bucks in LA. Source, I live here. The 18 dollar price is in Connecticut, probably a franchise scamming tourists.
Obviously I want all of us to be paid a reasonable salary, but it's because of this concept you mentioned that I can't wait for time to pass and we can see the outcome. It will absolutely help our argument if we can prove that a burger won't cost $30 now and that stores won't close because of it.
Because if it legitimately hurts local towns, you have even bigger issues to deal with. I live in NC and you very genuinely cannot live here on a minimum wage of $7.25. In fact, I'd argue that $12-15 (effectively the new minimum wage in my city going by what fast food pays) is pretty hard to live on in my southern state which is by most accounts pretty cheap to live in. California is much more expensive, so I'd argue that a $20 min wage is actually pretty reasonable.
"Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”
― Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
* Panera not included
Edit: gtfo with your article text and citations, I watched a random youtube video while drunk a few days ago, and that’s all the proof I need!
From the article:
At first, it appeared the bread exemption applied to Panera Bread restaurants. Bloomberg News reported the change would benefit Greg Flynn, a wealthy campaign donor to Newsom. But the Newsom administration said the wage increase law does apply to Panera Bread because the restaurant does not make dough on-site. Also, Flynn has announced he would pay his workers at least $20 per hour.
Actually, it is. The owner decided to match the wage increase to dodge the controversy, though it seems the question of whether the law actually covers Panera will need to be settled in court for a definitive answer.
https://www.restaurantbusinessonline.com/operations/hype-aside-panera-exempt-californias-wage-bill
With that kind of honesty, I would trust you with my life.
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