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San Francisco set to introduce nation's highest minimum wage
San Diego Union-Tribune ^ | April 30, 2015

Posted on 04/30/2015 4:09:26 PM PDT by Oldeconomybuyer

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"The minimum wage law requires employers to discriminate against persons with low skills. The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws."

- Milton Friedman

1 posted on 04/30/2015 4:09:26 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

“The National Employment Law Project estimates that 142,000 workers will receive the higher wages.”

Wanna bet?

Maybe they can work for the companies who make the order kiosks.


2 posted on 04/30/2015 4:12:32 PM PDT by joshua c (Please dont feed the liberals)
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To: Oldeconomybuyer

if 15 is the new low, then wont people who are making 20-30 feel like they are underpaid? the answer is yes. People I know who makes around that want to know when they will get equivalent raises.
I don’t want “The Jungle” days back, but that wasn’t going to happen anyway. 10-11 seemed reasonable. But I don’t own a business or have the economics degree to make the call.


3 posted on 04/30/2015 4:13:57 PM PDT by dp0622 (Franky Five Angels: "Look, let's get 'em all -- let's get 'em all now, while we got the muscle.")
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To: Oldeconomybuyer
Good! I have no problems with liberal hell-holes raising the minimum-wage.

Abolish it at the federal level.

4 posted on 04/30/2015 4:13:59 PM PDT by Extremely Extreme Extremist (ANYBODY BUT FRICKING JEB AND HILLARY)
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To: Oldeconomybuyer

If you force employers to pay more, they’ll just dig more out of their backyards where they have it greedily hoarded away so that they don’t have to hire more people.


5 posted on 04/30/2015 4:16:31 PM PDT by Telepathic Intruder (The only thing the Left has learned from the failures of socialism is not to call it that)
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To: Oldeconomybuyer

In 2018.

This is for the election. They know the U.S. could well be into serious financial collapse by then.

3 years into the future? LOL


6 posted on 04/30/2015 4:18:34 PM PDT by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: Extremely Extreme Extremist

The only problem is once the policy is instituted, the unemployed fleeing the disaster just infect everywhere else they go. Is there no way to make a fence around Frisco to prevent anyone leaving once all the businesses close down?


7 posted on 04/30/2015 4:20:30 PM PDT by Fungi (Job 26:7 : He stretcheth out the north over empty space, And hangeth the earth upon nothing.)
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To: Oldeconomybuyer
Why pussyfoot around? Just give everyone an annual allowance and assign work to them. Let the techies pay for it.

Go for it! Let's see how long it takes you to become Detroit-by-the-Sea.

8 posted on 04/30/2015 4:20:32 PM PDT by 9thLife ("Life is a military endeavor..." -- Francis)
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To: joshua c

Oh I hope companies start going with automation. I am retooling my shop and attending classes to learn automation control systems in preparation. I will hire people that make much more than minimum wage to assemble and manufacture new machinery.


9 posted on 04/30/2015 4:24:41 PM PDT by Organic Panic
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To: Oldeconomybuyer

142,000 workers will lose their jobs.


10 posted on 04/30/2015 4:26:14 PM PDT by Bubba_Leroy (The Obamanation Continues)
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To: Telepathic Intruder

Mr. T I is correct.


11 posted on 04/30/2015 4:27:03 PM PDT by Scrambler Bob (an icon of resistance within the oppressed patriots, who represent resilience in the face of SSV)
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To: Oldeconomybuyer
The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws."

6 % of city of San Francisco is black...13 % are under 18....Black teenagers are maybe 2 % of the population

So they can sleep well at night with their "white privilege"...

12 posted on 04/30/2015 4:27:30 PM PDT by Popman (Christ Alone: My Cornerstone...)
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To: Oldeconomybuyer

Once again unintended consequences will spoil misguided good intentions.


13 posted on 04/30/2015 4:30:48 PM PDT by windsorknot
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To: Oldeconomybuyer

They should set it to $1000 per hour and make everyone in the City rich!


14 posted on 04/30/2015 4:33:57 PM PDT by Thud
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...
Local minimum wage setting at least makes sense -- a one size fits all set by the feds does not, and never has. Of course, it amounts to an additional local tax, and undermines employment -- but those setting it don't care about that, because they're trying to foster dependence.

15 posted on 04/30/2015 4:35:27 PM PDT by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW!)
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To: Fungi
The only problem is once the policy is instituted, the unemployed fleeing the disaster just infect everywhere else they go.

No, they won't.

What will happen, is that these liberal hell-holes will see their conservative neighbors reduce or eliminate their minimum-wages, and see the prosperity for themselves.

Then residents of the liberal hell-holes will suddenly get the hint and work within their liberal hell-holes to reduce or eliminate the minimum-wage.

16 posted on 04/30/2015 4:43:21 PM PDT by Extremely Extreme Extremist (ANYBODY BUT FRICKING JEB AND HILLARY)
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To: dp0622

There should not be any gov’t mandated minimum wage. Price fixing doesn’t work. A free market will find the correct price for goods and labor.


17 posted on 04/30/2015 4:48:50 PM PDT by Rusty0604
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To: Oldeconomybuyer
When I hear about stories like this, I gotta feel sorry for all those stupid shmucks who worked hard and were dedicated to their company so that their wages were raised to $12.50 an hour, but now any idiot can walk in and earn just as much.

But hey, it is all about helping the lowest rung...at the expense of everyone else.

18 posted on 04/30/2015 4:51:26 PM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: Popman

The blacks got priced out of SF and moved to Oakland.


19 posted on 04/30/2015 4:51:30 PM PDT by Rusty0604
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To: Rusty0604
you're right. Funny thing is, I just looked up average salary of McD’s manager and it's 45k. Geez if you haven't made at least assistant management by 30 something’s really wrong.
20 posted on 04/30/2015 4:52:24 PM PDT by dp0622 (Franky Five Angels: "Look, let's get 'em all -- let's get 'em all now, while we got the muscle.")
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