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 ...
The minimum wage is zero when your job disappears. Democrats can’t grasp the concept.
In six years they will want $25.00 an hour. And on and on and on.
This has SEIU fingerprints all over it.
And applaud, for this is a neighboring hostile communist foreign nation.
So, one employee gets a raise and three get fired. Forward thinking, for sure.
Bad, bad times.
I know for a fact that a national corporation with production facilities in 30 of the 50 states will be moving any job out of California where the employee is currently making under $15.00/hour, and ASAP.
“This has SEIU fingerprints all over it”
No shite Sherlock. This new minimum wage is indexed to inflation and many union contracts are indexed to the minimum wage. Minimum wage pushes up inflation which pushes up minimum wage. Rinse and repeat.
College students might consider a degree in robotics.
There’s NO WAY what happens in Los Angeles influences the way things go all over the country....
Being self employed I was always hoping that someday California might come to her senses and I could move back. It really is a beautiful state. Especially where I grew up (South Lake Tahoe).
I don’t see California changing her ways in my lifetime.
Thank goodness we have a Federal Reserve and unbacked, fiat currency, that can create all kinds of debt for both the government to support all these unemployed people and social-engineering schemes, and massive consumer debt for people to live off of.
Aren’t we lucky?
/s
2022? What’s the matter with 2016?
This will get good. If any of you have ever been to Needles CA it is funny.
Virtually nothing left there as far as private business. As soon as you cross the bridge over the CO River into AZ-businesses EVERYWHERE. And many are new.
“Brown, traveling to the state’s largest media market to sign the landmark bill, remained hesitant about the economic effect of raising the minimum wage, saying, “Economically, minimum wages may not make sense.”
But he said work is “not just an economic equation,” calling labor “part of living in a moral community.”
“Morally and socially and politically, they (minimum wages) make every sense because it binds the community together and makes sure that parents can take care of their kids in a much more satisfactory way,” Brown said.”
Holy cow.
“... I was always hoping that someday California might come to her senses and I could move back.”
I gave up that hope when I moved out in 2001.
Next we need a minimum-profit law for employers.
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