Liberals subscribe to magical thinking, believing that free college tuition and free health care to illegals will somehow end up a net win for the public. But reality often intrudes on this magical thinking like a big pimple on the end of your nose, and it is painful and unsightly. In this case, the laws of economics are intruding into the magical thinking of liberal politicians in San Francisco (as if there were any other kind there), and it is a growing problem.
San Francisco has declared that the minimum wage in the city, now being replicated in several other fact-challenged cities, will rise to $15 by 2018, and polls there predict happy, better-paid workers who will finally have a “living wage.” They have also insisted that this will not increase inflation and that it will be a boon to the minimum wage worker. That is a lie. And the impact is just now showing up as the first mandated rise from $10.74 to $12.25 is being implemented by certain retailers.
See who is raising prices in San Francisco, page 2:
I doubt you make in a month what I make in a year.
Our wages are 2-4 dollars an hour higher than minimum wage and the cost of living here is no where that of places like california or new york where I believe a higher minimum wage is needed.
Honestly if you go by inflations wages in the 70s were in today money $11.50 an hour national average. Minimum wage has lagged behind inflation badly.
That was directed to Glenn Cox
I predicted the consumers would bear the brunt of these idiotic pay raises.
Michael Tunningley what I’m saying is, if you don’t have skills or a degree go get one or the other or make due. If you want to argue the microscopic percentage of mentally challenged people who are raising a family then we can talk about doing something to help those individuals. If you want to donate more to people or start a business and give most of your profits to your employees who have done nothing extra to better themselves, by all means go ahead. But for the majority who hold these jobs(that are able bodied) no they don’t deserve to make $15 an hour for flipping burgers.
Michael Tunningley little impact…..that’s why some businesses are going automated and people are losing jobs left and right because of cuts. Sure.
Nice try…swing again
Michael Tunningley what try? Sorry that you’re wrong.
Just don’t eat there!!!
I confused Chris Long with someone else who said $22 per hour is what minimum wage would be now if it had kept up with inflation. However, that is the number that is thrown around.