California hikes minimum wage to $20/hr. Workers now make $0/hr

Discussion in 'Politics' started by Tsing Tao, Apr 4, 2024.

  1. newwurldmn

    newwurldmn

    separate issue. The wage market is what the wage market is.

    Government supplimental incomes is a social issue. I take stock with the idea that a business isn't viable if it can't pay a "living wage."
     
    #51     Apr 4, 2024
  2. newwurldmn

    newwurldmn

    Btw - you might not be aware, but Trump floated the idea of allowing work camps where labor laws including wages could be skirted in economically depressed towns. My friend who ran an workforce training business was invited to the proposal hearing. Obviously the idea was scrapped.
     
    #52     Apr 4, 2024
  3. newwurldmn

    newwurldmn

    These laws don't hurt big businesses. They hurt small businesses.
    FMLA can put a small business out because they can't afford to have 2 people in 1 role, where as a big business can have 35 people for 30 people's jobs.
     
    #53     Apr 4, 2024
    misterkel likes this.
  4. Tsing Tao

    Tsing Tao

    Heh...there's literally nothing you can say that will make me lose my shit. And I'm being drop dead serious here, my friend. Say whatever you feel like.

    As for your comment, I actually agree. But those people shouldn't expect a government handout. That's my point.
     
    #54     Apr 4, 2024
  5. Tsing Tao

    Tsing Tao

    It's been constantly a mirage. One of us has certainly been tricked here, that's for sure.

    Tell me, what's the U6 unemployment rate, and - once you figure that out - tell me how you can call that "maximum employment". Hell, let's start at the U5!

    hint:
    https://www.bls.gov/news.release/empsit.t15.htm
     
    #55     Apr 4, 2024
  6. Tony Stark

    Tony Stark


    GDP per capita low to high
    upload_2024-4-4_14-42-40.png

    upload_2024-4-4_14-46-51.png
    upload_2024-4-4_14-47-35.png




    upload_2024-4-4_14-50-26.png
     
    #56     Apr 4, 2024
  7. Tony Stark

    Tony Stark


    If all they add to the economy is a bunch low wage government dependent employees they should go out of business.
     
    #57     Apr 4, 2024
  8. Tony Stark

    Tony Stark



    The wage market is not a free wage market when one company pays it employees healthcare and high enough wages their employees don't qualify for benefits like food stamps and another company does not so the government has to pay that company's employees 500 a month Obamacare credit and 300.00 dollars in food stamps.
     
    #58     Apr 4, 2024
  9. Tony Stark

    Tony Stark


    Im only voting for Trump to punish Biden and Democrats for not fighting for things like a higher min wage,medicaid option for all etc.
     
    #59     Apr 4, 2024
  10. newwurldmn

    newwurldmn

    That's a good idea. Vote for the guy who hates government regulation to punish the guy who is trying.
     
    #60     Apr 4, 2024