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poorgradstudent.
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May 27, 2014 at 5:34 PM #774436May 28, 2014 at 11:50 AM #774484
livinincali
ParticipantMinimum wage does not and should not equal what the head of household for a family of 4 needs to make to support that family. Minimum wage is for the lowest skilled and least experienced members of the work force. It’s a wage for those that are learning the basics of work ethic and teamwork.
I bet most people here worked some entry level, low to minimum wage job in their teens. It probably taught you some basic skills and you quickly left and moved on. It’s suppose to be a stepping stone, not a career. I know there’s a small segment of the population near the bottom of the ability to learn a skill bell curve that needs some assistance, but a huge raise in minimum wage is not the best solution to help those people.
May 28, 2014 at 11:06 PM #774504Anonymous
GuestSeems to me that this will serve as a salary bump for illegal immigrants more than anything else. Here in San Diego, I don’t see many teenagers working fast food or other minimum wage jobs typically filled by young people and students in the past. Here those jobs are filled by older Mexicans, a large propotion of which are working illegally.
May 31, 2014 at 8:48 PM #774639urbanrealtor
Participant[quote=CDMA ENG][quote=livinincali]
Thanks for bringing up France it’s a great example of how minimum wage doesn’t necessarily help employment prospects. For example minimum wage in France is 1430 euros per month ($1959 in US dollar terms). France also has a work week of 35 hours per week so if you assume 4 weeks per month and divide by 35 hours per week you end up with a minimum wage of $14/hr in US dollar terms. In France youth unemployment is about 23.5% compared to the US’s 18.5%.
In Germany youth unemployment is less than 10%. Guess was minimum wage Germany has. That’s right, none. It has a law stating you can’t pay an immoral wage but that’s decided on a case by case basis by the courts. For example a entry level grocery store worker in Germany can be paid the equivalent of $7 US dollars per hour and it’s not immoral.
Also if you’ve every been to France and Germany you’ll know that’s it’s a lot cheaper to live in Germany than in France. Compare Berlin to Paris. Honestly you’d probably be better off in Germany as a cashier in Berlin than a cashier in Paris even though you might get double the monthly salary. It’s all relative.
Can Walmart afford to pay it’s workers $13/hr in San Diego. Sure. With automation, price increases, laying off the weakest performing staff, etc, they’ll make it work. Of course it’s only better for those that happen to work at Walmart and keep they’re job. Also those designing/building those automated systems. Anybody who was already making $15/hr and doesn’t get a corresponding raise loses because they are now forced to pay higher prices for things. In addition those that lose their job to automation are now on the welfare roles somewhere.
People posting here who are making $100K don’t really care. The price increases at the grocery store or restaurant are fairly negligible in their budget. Food/Entertainment is probably less than 10% of their budget so a 10% increase in prices for low skilled labor in restaurants and general goods/foods stores only adds 1% to their overall budget.
While people have linked studies that show minimum wage increases haven’t greatly negatively impacted the economy. Nobody has linked a study that shows major increases in minimum wage greatly improve the overall economy. I thing the realty is at best minimum wage increases changes the winners and loses and prefers experience over youth.[/quote]
+1[/quote]
The problem here is that you are comparing apples and bowling balls.
Other things to note about Germany:
-Very little military
-50% of GDP is government outlay.
-Hiring is very rare because termination carries severe civil penalties.
-essentially zero “at-will” employmentIn sum, its not really comparable in any way (other than the fact that it is an economy where labor is a component).
They are not at all an example of the free market in labor practices.
Some good explainers:
http://www.wilmerhale.com/pages/publicationsandnewsdetail.aspx?NewsPubId=90463
http://en.wikipedia.org/wiki/German_economyJune 3, 2014 at 11:19 PM #774724an
ParticipantLooks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.
June 4, 2014 at 6:44 AM #774730Participant[quote=AN]Looks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.[/quote]
Good news. San Diego and the rest of the municipalities considering raising minimum wage should all chip in to do a comprehensive study of the impacts on Seattle. Then they can make an informed rational decision rather than one based on theories and emotions.
June 4, 2014 at 9:16 AM #774731Participant[quote=livinincali][quote=AN]Looks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.[/quote]
Good news. San Diego and the rest of the municipalities considering raising minimum wage should all chip in to do a comprehensive study of the impacts on Seattle. Then they can make an informed rational decision rather than one based on theories and emotions.[/quote]Exactly, since Seattle essentially volunteered itself as a guinea pig. We should totally take advantage of it. If it have a positive effect on Seattle’s economy, then maybe we can consider raising it past $15 as well. This will be real world proof of the theories that both sides are providing.
June 4, 2014 at 12:42 PM #774735CDMA ENG
Participant[quote=AN][quote=livinincali][quote=AN]Looks like Seattle beat San Diego to the punch.
http://money.cnn.com/2014/06/03/smallbusiness/seattle-business-minimum-wage/index.html?iid=HP_LNWe’ll see soon enough what raising minimum wage will do to the local economy, bad or good.[/quote]
Good news. San Diego and the rest of the municipalities considering raising minimum wage should all chip in to do a comprehensive study of the impacts on Seattle. Then they can make an informed rational decision rather than one based on theories and emotions.[/quote]Exactly, since Seattle essentially volunteered itself as a guinea pig. We should totally take advantage of it. If it have a positive effect on Seattle’s economy, then maybe we can consider raising it past $15 as well. This will be real world proof of the theories that both sides are providing.[/quote]
Really AN… Cali???
You think because there will be actual empirical data that the leadership of SD will study the effects and make a rational decision?
Stop thinking like engineers…
The decision will be based on special interest, and heart strings…
Facts and Politics is analogous to Oil and Water…
Sorry brother… you know this to be true… Sadly…
CE
June 5, 2014 at 9:21 AM #774760Participant[quote=CDMA ENG]Really AN… Cali???
You think because there will be actual empirical data that the leadership of SD will study the effects and make a rational decision?
Stop thinking like engineers…
The decision will be based on special interest, and heart strings…
Facts and Politics is analogous to Oil and Water…
Sorry brother… you know this to be true… Sadly…
CE[/quote]I’m not saying that would happen. I’m saying that should happen. I agree with you that it’s more likely that the politicians will disregard the data coming out of Seattle one way or the other and would still push their own agenda.
March 4, 2016 at 1:51 PM #795315utcsox
Participantbump…
Out of control job creation in San Diego continue. I will say Donald Trump deserves most of the credit for this. Business owners in the city are hiring as much as they can so they will be ready when President Trump take office and make America great again!!! The confidence genie that President Trump brings has more than cancel out the devastating effect of January minimum wage hike, which are supposed to kills thousands of jobs.
http://www.kpbs.org/news/2016/mar/04/january-unemployment-down-in-san-diego-county/
“Over the entire year, however, San Diego County gained 38,200 nonfarm jobs, with growth in nearly all sectors.
The best performers were professional and business services, particularly in administrative support, as well as ambulatory healthcare services and construction.”
March 4, 2016 at 2:14 PM #795316spdrun
ParticipantHonestly:
(1) America deserves Trump
(2) The ecnhnamy tends to do worse under a GOP presidency
(3) “HP Meg” says that Trump’s policies are likely to cause a recessionSo, if you want to profit from lower home prices and moreclosures of the unemployed, vote TRUMP 2016. Foreclose on the world, then sell it short!
March 4, 2016 at 3:43 PM #795317XBoxBoy
Participant[quote=utcsox]
Out of control job creation in San Diego continue. I will say Donald Trump deserves most of the credit for this. [/quote]You’re trolling right? ’cause that’s got to be the most illogical thing I’ve seen written on this site in long time. (And you’ve got some pretty serious competition in that category.)
March 4, 2016 at 3:52 PM #795318bearishgurl
Participantdel
March 7, 2016 at 9:03 AM #795392Participant[quote=spdrun]Honestly:
(1) America deserves Trump
(2) The ecnhnamy tends to do worse under a GOP presidency
(3) “HP Meg” says that Trump’s policies are likely to cause a recessionSo, if you want to profit from lower home prices and moreclosures of the unemployed, vote TRUMP 2016. Foreclose on the world, then sell it short![/quote]
It probably really doesn’t matter who is elected the next president. It’s highly likely the next president will inherit an economy in recession or be president when the economy eventually enters recession again.
March 8, 2016 at 2:22 PM #795429meadandale
Participant1) The increase will be over $5/hr when fully implemented (from $8 to $13.09)
2) This amounts to ~$7800/yr/employee. At $5/hr that’s about 1560 hours if the money was coming directly from wages. However this math ignores the additional payroll taxes that will accompany this increase. That could be where some of the discrepancy lies.
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