California Politician Proposes a $50 Federal Minimum Wage

[WhiteKnight77]

You seriously cannot make this stuff up. Rep. Barbara Lee in California Senate race says minimum wage should be raised to $50[www.usatoday.com]. One of two things would happen. All small businesses would close, or inflation would rise exponentially as prices for goods rise. Forget about restaurants. This would put a lot of people out of work.

$50 minimum wage will put every restaurant ‘out of business’: Chef Gruel

SMH

[Holografix]

Tonepoet の投稿を引用：

Holografix の投稿を引用：

no this is false. wage matters buddy.

What I am trying to say is if you earn $10 per hour and it costs $160 to buy the weekly groceries, you're working the same number of hours to buy the groceries if you earn $20 per hour but it costs $320 to buy the groceries. In either case you are only earning one eighth of the amount of buying power you need to buy your weekly groceries per hour.

Your wage only matters when it increases by disproportionate amount to your expenses, so you can actually have the ability to buy more with the extra money.

Increasing baseline pay for everybody likely won't achieve that because costs will raise to cover the wage increase, and people will have more money to throw around in the pursuit of goods, causing more inflation.

False.

your hypothetical does not reflect the state of wages, nor how inflation happens.

[miakisfan]

Good thing I don't live in California so I don't have to tell you I wouldn't be voting for her anyways.

You couldn't pay me to go to California anymore. I used to go there when I was a kid. Not anymore.

It would require the whole governmental system in the state to get an enema before I would ever consider it again. Sadly to say I'm not even sure an enema would help.

[Triple G]

Holografix の投稿を引用：

no. this is false.

No, it´s not.

(You have to say now: "Yes, it is." And i would say: "No, it´s not." And then You would say that i´m ridiculous to make my point like this. And i would say: "No U". Then You would say: "Liar." and i would say: "You´re dumb." to which You would reply: "You´re dumber." and i would say: "You´re the dumbest." and then You would say: "You´re so dumb, that i can´t even tell how dumb You are." and i would ask if insults would solve problems, and You would say that i have started, and i would say that this isn´t true...)

[Under there]

you will forever be subject to the whims of reptilian bankers who soyface for GDP

[Phénomènes Mystiques]

Blame the country for exporting its own oil for profit then buy at high prices from oil producing countries in order to be "friendly" with terrorist states.

[Holografix]

miakisfan の投稿を引用：

Good thing I don't live in California so I don't have to tell you I wouldn't be voting for her anyways.

You couldn't pay me to go to California anymore. I used to go there when I was a kid. Not anymore.

It would require the whole governmental system in the state to get an enema before I would ever consider it again. Sadly to say I'm not even sure an enema would help.

yah, it's a wasteland for sure. a total blight in certain people's imagination. lol

[Holografix]

Wynters の投稿を引用：

Blame the country for exporting its own oil for profit then buy at high prices from oil producing countries in order to be "friendly" with terrorist states.

not how geo-politics works.

[Ulfrinn]

So what happens to the hundreds of millions of Americans earning under $50/hr presently? If someone earns a good $25/hr, suddenly they're on the bottom again.

[Ganger]

Ulfrinn の投稿を引用：

So what happens to the hundreds of millions of Americans earning under $50/hr presently? If someone earns a good $25/hr, suddenly they're on the bottom again.

Wages would have to rise to $50 to meet minimum wage rates. But people with skills will want at least $60, $70, $80 or more for their labour.

[Ulfrinn]

Ganger の投稿を引用：

Ulfrinn の投稿を引用：

So what happens to the hundreds of millions of Americans earning under $50/hr presently? If someone earns a good $25/hr, suddenly they're on the bottom again.

Wages would have to rise to $50 to meet minimum wage rates. But people with skills will want at least $60, $70, $80 or more for their labour.

And people who write checks won't be able to afford that. If you're making double minimum wage now, and minimum wage goes up higher to what you're currently earning, you're back to minimum wage again, and with the costs of living that are going to go with that. That's one way to keep a population poor and under control I guess.

[WhiteKnight77]

Heatblizzard の投稿を引用：

WhiteKnight77 の投稿を引用：

You seriously cannot make this stuff up. Rep. Barbara Lee in California Senate race says minimum wage should be raised to $50[www.usatoday.com]. One of two things would happen. All small businesses would close, or inflation would rise exponentially as prices for goods rise. Forget about restaurants. This would put a lot of people out of work.

$50 minimum wage will put every restaurant ‘out of business’: Chef Gruel

SMH

It will lead massively to robots. I mean it will happen eventually but this kind of crap is sure a good way to cement it in,lock it up and throw away the key.

A Taco Bell not far from where I live does not have people working at the counter now. You have no choice but to use a kiosk if you walk in. You get a person if you go through the drive through.

miakisfan の投稿を引用：

Good thing I don't live in California so I don't have to tell you I wouldn't be voting for her anyways.

You couldn't pay me to go to California anymore. I used to go there when I was a kid. Not anymore.

It would require the whole governmental system in the state to get an enema before I would ever consider it again. Sadly to say I'm not even sure an enema would help.

I had been stationed in SoCal many years ago and after a return trip to SoCal for a shutdown at a refinery, I didn't see a change. Air pollution was just as bad as it was when I was stationed there, yet with CARB leading the way, one would think the air would be cleaner. I have no intention of going back there for anything.

[Holografix]

WhiteKnight77 の投稿を引用：

Heatblizzard の投稿を引用：

It will lead massively to robots. I mean it will happen eventually but this kind of crap is sure a good way to cement it in,lock it up and throw away the key.

A Taco Bell not far from where I live does not have people working at the counter now. You have no choice but to use a kiosk if you walk in. You get a person if you go through the drive through.

because pandemic rules, buddy.

[Holografix]

WhiteKnight77 の投稿を引用：

I had been stationed in SoCal many years ago and after a return trip to SoCal for a shutdown at a refinery, I didn't see a change. Air pollution was just as bad as it was when I was stationed there, yet with CARB leading the way, one would think the air would be cleaner. I have no intention of going back there for anything.

the funny thing is about you, is that you post highly specific experiences of California, USA but no experience of any other place you supposedly visit? just seems sus. And what abut Virginia, USA? i mean, you don't expect people to ask a person living in California about what goes on in Virginia, right?

[WhiteKnight77]

Holografix の投稿を引用：

WhiteKnight77 の投稿を引用：

I had been stationed in SoCal many years ago and after a return trip to SoCal for a shutdown at a refinery, I didn't see a change. Air pollution was just as bad as it was when I was stationed there, yet with CARB leading the way, one would think the air would be cleaner. I have no intention of going back there for anything.

the funny thing is about you, is that you post highly specific experiences of California, USA but no experience of any other place you supposedly visit? just seems sus. And what abut Virginia, USA? i mean, you don't expect people to ask a person living in California about what goes on in Virginia, right?

I have posted about VA, but you don't pay attention.

[ナルゴ]

Minimum wage should be abolished. The free market; supply and demand will determine the true value of a given job.

If it turns out that salaries are driven into the ground, then step back and evaluate why you're trying to compete in that area. It is in the individual's interest to adapt. But if someone truly wants to work a particular job for 2 peanuts an hour, let them.

This will only become more relevant as more services become automated, restricting the availability of certain jobs.