Comments about ‘Will California minimum wage boost benefit lower income workers?’

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Published: Friday, Oct. 4 2013 11:00 a.m. MDT

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DN Subscriber 2
SLC, UT

Insanity!

Legislating economic matters like minimum wage is silly to start with. But, when done by a state legislature that has conclusively proven they haven't a clue about even the most basic idea of spending within your budget it is positively absurd.

The entire California economy and the government which controls much of it will collapse soon enough. Trying to "fix" the private sector is the last thing they should do.

But, if $10.50 an hour would help, why not make the minimum wage $50.00 per hour, or to keep up with lawyers, make it $500 per hour?

BYU Track Star
Los Angeles, CA

Insanity indeed !!

The Federal Minimum Wage has not kept pace with the CPI for a long time. The true miniimum wage from, lets say the 1960s adjusted for inflation should be about 16 dollars per hour. This information is readily available on US Dept of Labor websites.

Being that this is Conference Weekend. Please remember the scripture. "Inasmuch as you do it unto the least of them. you do it onto ME" . Here the "them" are flipping Hamburgers and making Hotel beds. Not that these is anything wrong about flipping burgers or making beds.

The Hammer
lehi, utah

The minimum wage will never keep up with cost push inflation initiated by the federal reserve. Everytime they drop rates down to boost inflation to their 2% target the people in the lower and middle class get killed. The problem is not the minimum wage its the Federal reserve.

Brave Sir Robin
San Diego, CA

Every time minimum wage rises, the purchasing power of that minimum wage actually goes down due to inflation.

Think about that for a second. If you're making minimum wage and your wage goes up, your purchasing power decreases.

Politicians have forgotten what really matters here: It's not how much money you make, it's what you can buy with that money. And every time minimum wage rises, what you can buy with it becomes less and less.

Mainly Me
Werribee, 00

Australia did this and guess what? You still can't live on the minimum wage. I should know, I live here as an American. Increasing the minimum wage brings with it a corresponding increase in housing, transportation and food. It simply doesn't work.

Hamath
Omaha, NE

Here is a good example that shows more $ doesn't always solve a problem. 1960s the student funding programs kicked in. We Increased the amount of money a college student has with the Federal Pell grant program and guess what... the colleges adjust slowly but surely and tuition sky rockets.

When the students should have been saying..." Hold on.. I can't afford this." and the colleges would have adjusted as they saw their populations dropped. The colleges would have tightened their belts and cut bad programs etc, the students were instead saying "oh... no big deal, I've got this grant or I've got this loan. What's another $25 a credit hour? "

Give people more money they will spent it and get suckered out of most of it. It's bad decisions that lead to losing money.
The landlords, the food producers, etc everyone will bump it up a little. Milk is 25 cents more. No big deal. I've got $200 more this month than last. Rent is $50 more. Ouch, but I've got it covered. Before they would have moved and the landlords would have gone back to the original price.
Mainly Me is right on.

killpack
Sandy, UT

Implementing and then raising the minimum wage definitely hurts the poorest citizens in the economy by making goods and services more expensive for them to purchase, as has been pointed out. However, that isn't the worst thing about the horrible policy. Minimum wage reduces employment among the poorest, least skilled workers. This proves that Californian legislators are either ignorant of basic economics or have absolutely no regard for the least skilled individuals in their economy. Then again, we as a country do it, so I can't really make fun of Californians too much. In fact, why not raise the federal minimum wage to $9 or $10/hour, since we already have a minimum wage to begin with. Better yet, let's one up them. The sky's the limit right? Why not do $20/hour? Why stop at $20? I'm sure the argument could be made that even $20/hour isn't a 'fair' wage either. Better do $30/hour. Better yet, do $40/hour.

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