View Full Version : Stupidfornia realized they cannot get people out of poverty with minimum wage hikes
BigKobeFan
02-04-2022, 05:02 PM
https://www.yahoo.com/finance/news/l-minimum-wage-rise-16-231555585.html
but they want to do it again with another wage hike.
Off the Court
02-04-2022, 06:55 PM
It just says LA is going from $15hr to $16hr.
LA is the 3rd richest city in the entire world, $100hr and you're still below average.
Pushxx
02-04-2022, 07:33 PM
Minimum wage just stops a lot of jobs from existing. If someone deserves to be paid $16 hour, many employers would be willing to pay it. That's how the free market works.
But for example, if you own a restaurant and want to hire a disabled person to sweep the floor for $9/hr, crazy high minimum wages stop that job from being available. High minimum wages also make it difficult to pay higher skilled workers what they deserve, as it homogenizes pay across different skill levels.
The free market definitely creates the best jobs.
FultzNationRISE
02-04-2022, 08:08 PM
It just says LA is going from $15hr to $16hr.
LA is the 3rd richest city in the entire world, $100hr and you're still below average.
"The city's wage is tied to the consumer price index as published by the Bureau of Labor Statistics."
So basically it just keeps up with the poverty level. As inflation and other factors raise the poverty level, they raise the minimum wage to keep it right at that nice even poverty level.
How magnanimous. You can tell those politicians really care about people and that they've got a plan that works.
It's not just smoke and mirros to con their idiot left wing voters.
These politicians really care, and their plan works. And if you dont vote for them, Trump will come and burn a cross in your yard and not let you have abortions.
So make sure you stay scared and ignorant enough to keep #BelievingBlue.
For 16 dollars an hour.
warriorfan
02-04-2022, 08:26 PM
"The city's wage is tied to the consumer price index as published by the Bureau of Labor Statistics."
So basically it just keeps up with the poverty level. As inflation and other factors raise the poverty level, they raise the minimum wage to keep it right at that nice even poverty level.
How magnanimous. You can tell those politicians really care about people and that they've got a plan that works.
It's not just smoke and mirros to con their idiot left wing voters.
These politicians really care, and their plan works. And if you dont vote for them, Trump will come and burn a cross in your yard and not let you have abortions.
So make sure you stay scared and ignorant enough to keep #BelievingBlue.
For 16 dollars an hour.
:lol
Off the Court
02-04-2022, 08:39 PM
"The city's wage is tied to the consumer price index as published by the Bureau of Labor Statistics."
So basically it just keeps up with the poverty level. As inflation and other factors raise the poverty level, they raise the minimum wage to keep it right at that nice even poverty level.
How magnanimous. You can tell those politicians really care about people and that they've got a plan that works.
It's not just smoke and mirros to con their idiot left wing voters.
These politicians really care, and their plan works. And if you dont vote for them, Trump will come and burn a cross in your yard and not let you have abortions.
So make sure you stay scared and ignorant enough to keep #BelievingBlue.
For 16 dollars an hour.
It's not smoke and mirrors. It's not anything at all. The only people taking note of this are politically obsessed sheep on the internet making points that have no real affect on anything other than giving their own ego a false sense of relevance.
warriorfan
02-04-2022, 10:15 PM
It's not smoke and mirrors. It's not anything at all. The only people taking note of this are politically obsessed sheep on the internet making points that have no real affect on anything other than giving their own ego a false sense of relevance.
And the ones who are in turn obsessed with them. Like you.
:lol
FultzNationRISE
02-05-2022, 12:05 AM
It's not smoke and mirrors. It's not anything at all. The only people taking note of this are politically obsessed sheep on the internet making points that have no real affect on anything other than giving their own ego a false sense of relevance.
You ok, big guy?
You're kinda melting down there ;)
Lakers Legend#32
02-05-2022, 03:08 AM
"Stupidfornia?" This is what passes for right-wing wit?
Patrick Chewing
02-05-2022, 11:17 AM
"Stupidfornia?" This is what passes for right-wing wit?
You're stupid and you live in California, so yes.
Shogon
02-05-2022, 03:44 PM
"The city's wage is tied to the consumer price index as published by the Bureau of Labor Statistics."
So basically it just keeps up with the poverty level. As inflation and other factors raise the poverty level, they raise the minimum wage to keep it right at that nice even poverty level.
How magnanimous. You can tell those politicians really care about people and that they've got a plan that works.
It's not just smoke and mirros to con their idiot left wing voters.
These politicians really care, and their plan works. And if you dont vote for them, Trump will come and burn a cross in your yard and not let you have abortions.
So make sure you stay scared and ignorant enough to keep #BelievingBlue.
For 16 dollars an hour.
Increased minimum wage is a bigger short term inflation driver than even printing money to bail out large entities. The money printing is a longer play inflation driver as the money seeps through the cracks into the general economy over time, but yeah... increasing minimum wage is largely a meme and most people are extremely bad at math and they don't understand that the market will adjust to the new "minimum" and change rather quickly accordingly. As a matter of fact, increasing the minimum wage just hurts the middle class people that don't switch employers all the time. And it prices people out of the job market entirely in the short term.
Couple this with the fact that people are emotional creatures in general, and yes, this is a talking point and lie that will continue to be pushed for decades to come.
You're stupid and you live in California, so yes.
Says the fatso who couldn't block him :oldlol:
Chick Stern
02-07-2022, 10:04 PM
minimum wage just stops a lot of jobs from existing. If someone deserves to be paid $16 hour, many employers would be willing to pay it. That's how the free market works.
But for example, if you own a restaurant and want to hire a disabled person to sweep the floor for $9/hr, crazy high minimum wages stop that job from being available. High minimum wages also make it difficult to pay higher skilled workers what they deserve, as it homogenizes pay across different skill levels.
Unions definitely create the best jobs.
fify
BigKobeFan
02-07-2022, 10:14 PM
fify
Unions are a form of capitalism where people bargain as a team
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