I actually kind of agree with this. Worker wages have remained stagnant for HOW long? If minimum wage had increased like it should have, in line with executive wages, it'd probably be close to that by now anyway. It's just a shock hearing it in this light because it'd be a drastic increase all at once.
So much BS in the thread, and not sure what kind of crack Babara Lee is on.
My parents both make < 26$ an hour (prob around 20$) and they own a house in San Francisco, lives fine and can save some extra money. Of course life would be better if the wages were even higher. But forcing a 26$/hour wage is not sustainable.
That's crazy. I'm getting 52,000 salary out of college. If you do the math that's about 25/hr (8 hours). So I would actually be earning less than a janitor. Hmmm.
Why do you think just because you went to college, you deserve more money than a Janitor? I'll never understand that line of thinking. You go to school to train for your career. The amount of school you have isn't a basis for pay.
If I may ask when did your parents buy that house?
So $100 Big Mac? How the hell would fast food chains work?
alright that is a bit ridiculous, and would absolutely hurt small business owners....im all for an increase, but now paying 4x as much for a single employee is crazy
Yeah, that'll happen.Executives take a pay cut. Boom.
And then college enrollment tanks and we get even dumber.
College is a human capital investment and you expect a return. Doesn't work out very well for many of today's graduates, though.
26 dollars in California? Finally out of poverty!
However, a study published in March found that 38 percent of employers will lay off workers if the minimum wage is increase. The Express Employment Professionals survey found that roughly 54 percent of the human resources professionals said that they would reduce hiring, and 65 percent said they would raise prices on goods and services.
Who's fault is that though? I have a buddy who works for Rogers here in Canada. He has a Masters Degree in computer science, and his senior co-worker, has been there for over 2 decades holding only a high school degree. Drumming into every kids head that you have to have a university degree has really screwed up the job market for everyone. You don't need a university degree to do a lot of the jobs that now require a degree. Most of them train you when you get the job. Degrees have become like HS diplomas. They're almost just as useless without a post-graduate.
I can't believe they didn't anticipate these results.Yeah, that'll happen.
I have no sympathy for the likes of Walmart, but what do you think is going to happen when their workers' wages are effectively tripled overnight? Let's not pretend they would just eat the loss, so we are left with only a few options:
1. They raise their prices to compensate. Now, everyone effectively has less money because the money they earn is less valuable.
2. They reduce their workforce by two thirds. Unemployment goes up, and the same amount of work will still need to be done, so the remaining one third will endure worse working conditions.
3. They leave the state, and our (CA's) economy drops further into the hole.
Small businesses would suffer just as much, if not more.
2004, we immigrated to the US in 1998, we got in when housing was not at the peak, but pretty damn high already.
My parents worked jobs that were barely 10$/ hour when they first came, saved money for down payment while living in a basement for 6 years. My parents were 45 and 47 respectively when they first came here, they are 60 and 62 now. The house has another 12 years on it (refied to 15 years 3 years ago) and I can forsee that they will be able to pay off the house with saving in 5 years, maybe I'll need to chip in 50k for them here and there (I completely don't mind since im very grateful for everything they have done for me).
So I roll my eye to Americans that are making 70-80k (or 100k+ for couple) and complain about being "squeezed out" everytime I hear it.
Not even close
Basically. Putting minimum wage at where it would need to be for a baseline 40 hr week single-income job has problematic consequences for the availability of on-the-books part-time work.I can't believe they didn't anticipate these results.
Surprise, surprise when minimum wage rises unemployment goes up as well.
This really hurts those who are young since working at McDonalds won't be a matter of hiring teens who have never had a job before, no, they'll hire those who have already worked at fast food for years.
Raising minimum wage doesn't happen in a vacuum.
Lol did an HR professional fire you? They aren't exactly wealthyHow about those mother fuckers take a pay cut instead.
I agree but I don't see any of this as a reason to paying janitors more.
Yep.$26 x 2000 hours a year = $52,000. Probably should be the "San Francisco" minimum wage.
College is a human capital investment and you expect a return. Doesn't work out very well for many of today's graduates, though.
I was speaking more in regards to big businesses. Huge companies are making record-breaking profits and are swimming in money. They can afford a slight minimum wage increase like $15 an hour. Even Costco starts its employees around $11/hr. Walmart should follow example.Lol did an HR professional fire you? They aren't exactly wealthy
Its still an investment. The difference is in how the bills get paidOnly in America is it a capital investment. College is free is paid for in most other countries in other ways, not huge loans and major debt.
I think a drug test is in order. Not for this woman, but the people who voted for her lmao![]()
I agree, but it's not going to be a livable wage; it's going to be minimum wage. Prices for everything will increase to compensate, and even though you earn a bigger number, that bigger number will be depleted just as quickly. Why can't we buy a vacuum for $5 today like they could on I Love Lucy? This is why. To make it worse, people who are already making $50K or so will suddenly find their wages will no longer be livable, since it will then be minimum wage. Will they get a 200% raise from their employers to compensate? I doubt it.Have you seen the inside of a public wash room? They should be getting hazard pay on top of their hourly wage lol
In all seriousness though, if you work an 8hr shift 5 days a week, you should get a liveable wage. I never understood how a consumerist economy can be expected to survive by depleting the middle class. Who's going to buy all this shiny new stuff if the lower and middle classes can barely feed and put a roof over themselves?
So $100 Big Mac? How the hell would fast food chains work?
???? I know California is expensive, but we're talking about $50K annually. I can see your point if there was a single wage earner in a very large family, but still. That's a decent amount of income (and signifiantly more than what is being earned now).
No surprises with how insanely liberal CA is. When are we going to come up with a minimum wage for people who don't work at all here?
Why can't we buy a vacuum for $5 today like they could on I Love Lucy? This is why.
Anyone else think one potential consequence to such a sudden increase would be a spike in demand for minimum wage jobs, resulting in the unemployment of those who need it most?
I imagine a good number of "business professionals" would take a pay cut from their higher salary for a lower stress, 40 hour a week job that paid $26 an hour. I'd certainly think about it.
I am not (and don't claim to be) any sort of expert, so I'm going to cop out and say I have no idea. Sorry.How do you explain inflation before the existence of the minimum wage? And the fact that inflation doesn't rise in tandem with the minimum wage, but completely on its own? And that even in years when the minimum wage is static, inflation rises and steadily erodes that wage?
2004 was before fb and its ilk were a big deal homie. The average apartment rent within 10 miles of SF is currently $3437 ($2897 and $3898 for one and two bedrooms, respectively). That's a rate that has more than doubled since 2009.
Your parents couldn't afford groceries if they moved to SF now making the same amount.
This is random and possibly unwarranted, but I always appreciate people who say this sort of thing. Seriously. (I also personally have no idea.)I am not (and don't claim to be) any sort of expert, so I'm going to cop out and say I have no idea. Sorry.
Makes sense to me. California has a much higher cost of living than Seattle.
Either businesses can pay their workers a living wage, or the government can support them through welfare. Either way, someone has to pay for it.
Walmart isn't anything like Costco. Moreover, how do you propose implementing this as part of minimum wage policy?I was speaking more in regards to big businesses. Huge companies are making record-breaking profits and are swimming in money. They can afford a slight minimum wage increase like $15 an hour. Even Costco starts its employees around $11/hr. Walmart should follow example.
LOL
that's stupid talk
I live in the Southbay now, there are shitty 1 bedroom apartment in north park for 1900 that's < 700 sq ft. and 2500 for like a 2 bedroom aprtment that's 900sqft
then there's people's basement you can rent for like 1000$. And plenty of my friends who are also home owners down here rents room for 700-800$
That's what my parents did. The same basement that we used to rent is going for like 1700$ right now in SF, which is 500$ higher than what we paid in 2004.
some times I wonder where the fuck those number are coming from. Sure if you have to live in a brand new/renovated apartment, I guess you better be making 6 figures starting with a number that's not 1.
Actually, you're thinking supply. The demand for those jobs would drop.
Makes sense to me. California has a much higher cost of living than Seattle.