Los Angeles Lifts Its Minimum Wage to $15 Per Hour

[spurraider21]

let's see how this plays out...

http://www.nytimes.com/2015/05/20/us...hour.html?_r=0

[Wild Cobra]

let's see how this plays out...

http://www.nytimes.com/2015/05/20/us...hour.html?_r=0

You forgot the "2020" part. This is a significant factor...

[spurraider21]

i just copy-pasted the article le

[Wild Cobra]

i just copy-pasted the article le

Which isn't very relevant.

Granted, if an annual increase, 15.65% annual isn't something to scoff at... at least if we have low inflation.

Thing is, without quantifying a time frame, it means different thing to different people.

Now what would have been significant, is to say it would increase to today's value of $15, indexed with inflation.

[RandomGuy]

let's see how this plays out...

http://www.nytimes.com/2015/05/20/us...hour.html?_r=0

Neither as good as proponents say, nor as bad as opponents say.

It will have some distortive effects on the geographical borders, especially.

It will however, allow people in marginal jobs to finally be able to support themselves without government assistance.

[RandomGuy]

One thing I do get from what is available:

It does eliminate jobs.

But then, so what?

Talk to people on the margins of the work force in low paying jobs and you commonly get that they have 2 or even 3 jobs. If the one they keep ends up paying more... that really doesn't mean much does it?

What is does mean, is that person now has extra time to do other things, such as study, or get training. Maybe this happens maybe it doesn't. Maybe, they get to spend more time with their kids and be better parents.

All in all, mulling this over, it seems like the costs/benefits are quite hard to quantify.

[boutons_deux]

"It does eliminate jobs."

link? proof?

some jobs are so ty they aren't worth paying more for, so they get eliminated

and the key jobs question is NET jobs affected by increasing the minimum wage, jobs eliminated AND created by raising minium wage.

This has been studied over DECADES and the NET effect has been almost nil.

so the VRWC/REPUG/BigCorp LIES about minimum wage messing up the "natural" "free market" wage level and that increasing minimum wage is a job destroyer is pure FUD.

[CosmicCowboy]

This certainly makes fast food automation more cost compe ive.

[baseline bum]

This certainly makes fast food automation more cost compe ive.

It's going to happen anyway. Wal-Mart pays their cashiers and still replaced most of them with self checkout.

[CosmicCowboy]

It's going to happen anyway. Wal-Mart pays their cashiers and still replaced most of them with self checkout.

yeah, keypad/mobile app ordering is next.

[Wild Cobra]

This certainly makes fast food automation more cost compe ive.

LOL...

No kidding.

With all the engineering experience I have in automation, maybe I should patent a burger flipper/maker and other such automated processes.

[Wild Cobra]

It's going to happen anyway. Wal-Mart pays their cashiers and still replaced most of them with self checkout.

First off, almost all large stores are doing it. To single out WalMart shows your indoctrinated bias. I pity people like you who parrot what their liberal masters tell you to believe.

You boycott those, right?

I do. So many times, at any of the stores with them, an employee will say "those are open." I proudly say "I boycott those, I want people to be paid."

[spurraider21]

First off, almost all large stores are doing it. To single out WalMart shows your indoctrinated bias. I pity people like you who parrot what their liberal masters tell you to believe.

You boycott those, right?

I do. So many times, at any of the stores with them, an employee will say "those are open." I proudly say "I boycott those, I want people to be paid."

[Wild Cobra]

You're sick.

Ever think of seeing a shrink about your penis envy?

[baseline bum]

First off, almost all large stores are doing it. To single out WalMart shows your indoctrinated bias. I pity people like you who parrot what their liberal masters tell you to believe.

You boycott those, right?

I do. So many times, at any of the stores with them, an employee will say "those are open." I proudly say "I boycott those, I want people to be paid."

you dumbass, H-E-B doesn't have self checkout at all at the store I go to while the nearby Walmart has replaced probably half the checkout area with self checkout.

[boutons_deux]

you dumbass, H-E-B doesn't have self checkout at all at the store I go to while the nearby Walmart has replaced probably half the checkout area with self checkout.

Coscto on I10/UTSA blvd has closed their 3 or 4 self-checkout lanes. Didn't work well, needed to have one employee full-time to keep them moving.