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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: 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: 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: 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: 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: Oldeconomybuyer

Seattle is $15.00/hr although it is being phased in over a period of 3 to 7 years dependent on how many people a company employs.


22 posted on 04/30/2015 4:59:52 PM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: Oldeconomybuyer

We love it up there the bay the costal range and such but can’t stand the pricing and 75 to 80 percent of the natives !!! This will make me think about visiting again it is too expensive


23 posted on 04/30/2015 5:01:01 PM PDT by al baby (Hi Mom)
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To: Oldeconomybuyer

San Franfrico will be sucessfull in implementing the higher wage. It will just be passed along to the citizens whom can afford it with their Silicon Valley incomes. The middle class has been knowingly and deliberately priced out of the city by the Leftiste elite. There has been plenty of protests in the past that don’t get much airtime in regards to the middle class getting priced out of housing to make room for the Silicon Valley crowd.


29 posted on 04/30/2015 5:19:26 PM PDT by DAC21
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To: Oldeconomybuyer

I heard a business woman on the radio this morning, I think she was from Portland, crying the blues because she’s going to have to go out of business and her employees won’t be able to find jobs. And one of her employees was crying the blues because he got laid off with no notice. And it’s all because of the high minimum wage. I’d bet they both supported it.


33 posted on 04/30/2015 5:29:54 PM PDT by VerySadAmerican (Obama voters are my enemy. And so are RINO voters.)
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To: Oldeconomybuyer
Minimum wage laws were originally invented to price labor higher than the perceived value of black labor. The crappy public schools have enlarged that group to include a broader racial spectrum of illiterates not worthy of the minimum wage demanded by government regulation.

The wage space between zero and minimum can be filled legally by outsourcing work to a foreign country. There is value to be purchased there, but it is not allowed on U.S. soil. The priced out illiterates find ways to scam the taxpayer and the leftist political persuasion is happy to service that demand in exchange for votes using the taxpayer's money against them.

36 posted on 04/30/2015 5:51:24 PM PDT by Myrddin
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To: Oldeconomybuyer

Why not $100?


43 posted on 04/30/2015 11:26:53 PM PDT by GeronL (Clearly Cruz 2016)
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