Go to any of the real estate websites and look up the cost of a single family home in the Los Angeles basin. $1 million will get you into a basic 2 or 3 bedroom home built 100 years ago on a 1500 sq ft lot. $1 million means at least $5000 a month mortgage. Assuming there are 2 breadwinners in the home each will need to make in the area of $50 per hour. $50 may not even cover it when you consider that Uncle Sam is going to take at least 20% of that net, the State of CA will take ~9% via income tax plus another 10% in sales taxes (and more in other taxes), and the County of L.A. will take $15,000 a year in property taxes on that home. So no way, $15 is not enough. $50 will barely do it if you have a spouse.
Maybe you could work in LA and live far away, which is what this law will encourage of course, people will begin to trade cost/benefits and there will be great competition for jobs inside the LA basin. Why would employers hire an unskilled worker when they could get someone with skills at this higher wage? And why wouldn’t an unskilled worker trade $3 an hour in additional expenses (gas, living, car, food etc) to swap her $10 job for a $15 job? So many unintended consequences will arise. And what of the employers who were paying $15 now? Won’t they be sort of expected to bump everyone to $20 or $23? What kind of internal disruptions (or, strife) will this foment? Indeed a lot of equal and opposite reactions will ensue.
As I read, in 2014 even the increased volume of illegal immigration to Mexifornia didn't make up for the businesses and individual taxpayers fleeing. This exodus has been increasing every year. Sooner or later this experiment in organized theft by the state to cement the illegal alien/public employee union vote as the lynchpin of the Donkey Party ruling class will reach a tipping point. The Donkeys will run out of money to steal and their house of cards will crash down. I wonder if this will cause a reverse mass migration to Mexico for the illegal aliens? Who knows where the broke public employee union/political hack crooks will go?
...What kind of internal disruptions (or, strife) will this foment? Indeed a lot of equal and opposite reactions will ensue.
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Very good overall posting. Since you’re in CA, it provides a good view of what’s going on.