California’s $15 Minimum Wage Makes A Lot Less Sense Outside Of Silicon Valley

Apparently not your state passed the law
What I'm saying is it'll be a rounding error in gdp and you pussies are funny worrying about the lower class getting a crumb

I see. So it's not worth discussing the economic effects of this first of its kind law? Ok.
 
The Bureau of Economic Analysis estimates that overall prices are more than 20 percent higher in the Bay Area than in Fresno; rents are almost double.

But of course! Wage Inflation drives up prices of goods and services.

What does all this mean for workers and businesses? Nobody knows.

Well, yes, we do know. There is no way to win. There is only a way to reach equilibrium, and with equilibrium, there will always be the same winners and the same losers.
 
Raising the minimum wage never addresses the underlying problem.

People always say that the reason we need a rise in the minimum wage is because people can't live on wha they are earning. Yet they are so simplistic they don't realize that they are merely addressing the symptoms and not the underlying problem.

The problem is that citizens across the world have lost purchasing power. They have been robbed blind by governments in cahoots with central bankers.

People like Yellen, Bernanke and Greenspan have done more to harm the citizens of this country than any in history. The federal reserve chairman have more power over this country than the president.

Wait until they discover that earning $15 an hour makes a lot of them now ineligible for food stamps, Government housing, Government Insurance, food boxes, Government paid day care, higher taxes on 4/15, etc.
 
Wait until they discover that earning $15 an hour makes a lot of them now ineligible for food stamps, Government housing, Government Insurance, food boxes, Government paid day care, higher taxes on 4/15, etc.

You crackers will lose your minds when it doesn't
 
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