One Year Later, Here's What San Jose Looks Like After Raising the Minimum Wage
- Thread starter thernbroom
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Camile.Bidan
Banned
They didn't really mentioned prices. Went into lee's sandwiches a week after the law went into effect, and the they raise prices from 50 cents to 1 dollar on most menu items. Then they put a put a sign that read "due to cost blah blah we are raising prices". That was pretty much the case at all the Yogurt and Donut Shops too. Any business that was owned by Asians raised prices immediately.
Me personally, I haven't stopped eating Vietnamese Sandwiches or Asian Yogurt because prices went up, and since so many people make over 100K in the Silicon Valley, I don't think many people paid much attention to it.
10 dollars an hour is very low for San Jose. I'd say that, at minimum, someone needs a per capita income of 80K to survive out here.
Camile.Bidan
Banned
i mean if this graph is wrong, then basically Economics as a discipline needs to be trashed.
Dirty Mcdrawz
Your girl loves em....
the graph is meaningless
i mean if this graph is wrong, then basically Economics as a discipline needs to be trashed.
society sets the standard
hence why slavery is generally illegal
Camile.Bidan
Banned
raise the minimum wage to 40 dollars an hour then. sounds fair to me
ok you got it! or you could bring back slavery, sounds fair to me
anyone can play the ad absurdum game
i mean if this graph is wrong, then basically Economics as a discipline needs to be trashed.
From what I have gathered basic supply and demand must be circumvented in the name of "fairness/ doing whats right".
actual economics have little to do with it.Camile.Bidan
Banned
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What absurd game? You said society sets the standard. why not set the standard at 40 dollars an hour? Those greedy corporations and rich white people can foot the bill.
While were at it. In the name of fairness, I think we need to do something about all those bytch-ass STEM workers that make 150K+ after 2-4 years experience. Is what they do so much more valuable than what a janitor does? We need minimum and maximum wages. Then we will be a fair and just society.
NZA
LOL
you are making nonsense arguments. if somebody told a fat -person to watch their calories, saying "well why not just starve myself to death?" is not a sensible response.
Camile.Bidan
Banned
What? Raising the minimum wage to 40 dollars an hour would help so many families out there. It would help a lot more than 13 dollars an hour. The argument is that raising the minimum wage will be painless. Then just raise it all the way up to 40 dollars a hour.
I've already been told that supply and demand is meaningless and society sets the standard. Then let's come together and set a standard that will make a real impact. We need to shoot for at least 25 dollars an hour but 40 dollars an hour is the sweet spot for the Bay Area at least where the median income it 90k. 40 an our is still short of the median income, so I don't see how this is akin to starving someone to death.
NZA
LOL
ive already explained why what you are doing is ridiculous. doubling down on it doesnt make it any more right this time. people who want the minimum wage raised acknowledge that you cant just turn a burger flipper into a first round draft pick. the raise increases are modest. they give people a better floor to work their way up from that minimizes their burden on the tax payer. the minimum wage, by definition is not meant to become the maximum wage. people who make half of what you are talking about can survive without being impoverished, so raising the minimum to twice that is retarded. start dealing with reality, the city already did it and is not imploding.
Slavery would totally reduce the cost of doing business
my model is proven
as far I know you are just speculating
there has never been a $40 minimum wage so you can't know what its outcomes would be
slavery is a well proven method of reducing cost
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