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Jerry Brown signs $15 minimum wage in California
Sacramento Bee ^ | 4/4/2016 | David Siders

Posted on 04/04/2016 11:37:19 AM PDT by EagleUSA

Gov. Jerry Brown, casting a living wage as a moral imperative while questioning its economic rationale, signed legislation Monday raising California’s mandatory minimum to $15 an hour by 2022, acting within hours of a similar bill signing in New York.

The bill’s enactment comes one week after Brown, Democratic lawmakers and labor leaders announced an agreement on the wage increase, averting a brawl on the November ballot.

[snip]

California political leaders and labor have struck a deal to raise the minimum wage to $15 per hour over the next seven years. One excited fast food worker hugged Gov. Jerry Brown at the announcement Monday, March 28, 2016. Video courtesy of The California Channel

In adopting the measure, California joined New York as the first states in the nation to enact a plan to raise their statewide minimums to $15. New York Gov. Andrew Cuomo signed his state’s legislation and was cheered by labor unions at a rally moments before Brown spoke in California.

(Excerpt) Read more at sacbee.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: California; US: New York
KEYWORDS: alsharpton; andrewcuomo; billdeblasio; business; california; chirlanemccray; dopeydems; failure; governormoonbeam; jerrybrown; liberals; minimumwage; moonbeam; progtards; spending; statesrights
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To: EagleUSA

Creating more and more unemployment — when it’s already at record levels


101 posted on 04/04/2016 1:53:31 PM PDT by faithhopecharity ("Politicians are not born, they're excreted." Marcus Tullius Cicero (106 -- 43 BCE))
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To: Toughluck_freeper

This is truly the War on Blacks.
This is also the War on Youth.


This is also a war on the ever shrinking middle class. Wage compression (lower end wages moving up with no compensatory movement in the middle of the scale) and price distortions (inflation pressures due to high employee costs) all conspire to reduce the spending power of the middle class.

This is not a consequence of this policy, it’s a feature. Marx was all about destroying the middle class to drive the people to beg for communism.


102 posted on 04/04/2016 1:58:29 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...
This will make it much easier to get rid of the federal minimum wage one-size-fits-all monstrosity.

103 posted on 04/04/2016 3:15:30 PM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: Stand Watch Listen

In CA you have to be asleep to experience the American dream.


104 posted on 04/04/2016 4:07:35 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: William Tell
At $15 per hour, some of the customers will disappear.

Wait, you are not making sense. 4 emp. @ $7/hr is $28/hr. 1 emp. @ $15 is $15/hr a $13/hr savings.

105 posted on 04/05/2016 5:28:14 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: unixfox

If it’s just that easy, why not make it $50? If they say there is no downside to $15, how could there be one at $50?


106 posted on 06/28/2016 7:49:48 AM PDT by nickcarraway
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