So minimum wage in California is increasing to 12$. What's your guys predictions to businesses in California?
Minimum wage increase
Thomas Allen
Jackson Cook
Minimum wage laws usually have little effect on overall business. They weed out inefficient business models and encourage people to work less hours for the same amount of money.
David King
As long as it is slow it shouldn't have much of an effect on any business that isn't some shitty franchise.
James Diaz
$12/hr is not near a living wage. i predict people making min will still be fucked
Julian Cox
if your business can't afford to pay livable wage, market rate, you should go out of business because you have a broken business model
enough of this welfare for big businesses. survival of the fittest. we need to incentive competition. isn't that what the corporations have been saying for years?
Thomas Young
$12 an hour in commiefornia might not be enough for a cardboard box on the sidewalk.
Jason Young
Ok, what about businesses on the brink of bankruptcy, like JCPenney?
Will they be forced to close businesses in States of higher minimum wage?
Mason Hughes
Even the (smarter) advocates know it won't do anything beneficial, it's just one of the first steps in expanding the gibs machine. Politics is a game of inches/frog boiling.
Ian Phillips
the concept of a single job being enough to sustain a family on needs to die. labor isnt getting any more valuable, its getting less valuable.
we can't keep subsidizing those that make poor decisions forever, keeping minimum wage alongside inflation is fine, but trying to push it any higher just results in more automation or outsourcing, and fewer independent businesses with megacorps continuing to eat everything up, meaning less tax income overall.
Jacob Powell
People will continue moving from Cali to Texas to escape the consequences of their voting, and then vote for the same shit there.