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.
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.
College students might consider a degree in robotics.
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.
Next we need a minimum-profit law for employers.
I just bet a friend of mine a steak dinner that by the end of the year there will be 2 things working their way through the California legislature.
A bill the would outlaw corporate downsizing due to mandatory wage increases. if you had X number of workers before the wage increase you you had to keep head count for 2 or 3 years.
A bill that outlaws moving a business out of state and taking assets with you. Businesses moving out must sell all assets and pay painful taxes before moving out of California.
Anybody think I might win that bet?
Stated more correctly, Jerry Brown signed a bill to eliminate all jobs in California that pay less than $15 per hour.
Dear CA employers.
We have cheaper wages in Virginia. Just sayin’.
I have a gnome in CA, that is conservative and we have talked about how hard they have made it for small businesses, of which he is an owner of. He has always been optimistic. However, the other day one small company who’s technologies we follow, published that one part of the business is moving to a neighboring State with the hint it was to support a client that uses their product ( ya right, and I am the tooth fairy ). My gnome and I saw through it and noted, something to the effect, “CA sucks man, nobody is going to want to be here w/ the $15 / hr minimum.” Sort of hinting that is one reason why he thought the firm we follow are moving.
There, I added the full context.
The Democrats are just getting rid of the rif-raf.