Quote:
Originally Posted by Dreamer1980
a $15 minimum wage increase, has a lot of powerful lobbying against it coming into the Republican party. That minimum wage increase will not move the needle in inflection, and it will be a a positive stimulus for the lower wage earners. Tax payers paying welfare to Walmart employees as a result of below livable standard wages is not good economics.
CA - apart from gas taxes at the pump and real state, California has similar prices as the rest of the nation. The major expense in Ca is housing, due to the amount of people that want to live in the state and the restrictive policies to build new housing. I'm very certain that lobbying to restrict new building permits has artificially inflated housing prices and made the cost of living so expensive in Ca not a $15 minimum wage.
That is the truth, political BS aside.
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Not according to this:
https://www.daveramsey.com/elp/cost-...-in-california
Only way other living costs becomes lower is if businesses are able to realize economies of scale. City population is high and volume of business generated allows businesses to sell at lower prices because of economies of scale. This concept doesn't work outside of the city where the population or increase of business stays relatively the same. Another example we can use is Mcdonalds: in the city an employee might be working nonstop throughout the shift for $15 an hr and there is enough business to justify paying $15 an hr. However, in the suburbs meal times are at predefined times and then you have dead periods.
Then we have the question of, if a burger flipper makes $15 an hr what would you pay the shift supervisor? What would you pay the manager? What would you pay the regional manager? Why would any take on more responsibility when the pay is not worth it. Everything would need to be scaled proportionally.