re: California $20 minimum wage = 18,000 jobs lost

SO I do not know what the number is but the number exists and is pretty easy to establish but every human being in California or any other state has some cost associated with being alive. That number is not the same for everyone, a high school kid living at home who is working for gas money to run the roads, if such an animal still exists, does not have the same expenses as a single parent with 2 kids. There are 5 ways that a person can meet those costs. They can inherit enough to support themselves. They can work. They can be on the dole, they can commit crime or they can do some combination of these 4. There is no other way that I am aware of. There ain't no free lunches either, somebody has to pay. Societally and practically, outside of inheriting wealth, the best way for a person to meet their basic financial needs is through their labor...working for a living. Crime and the dole cost society AND the individual far more than increased prices at McDonalds. The question is do we want to pay $15 for a happy meal or do we want to pay $7 and another $10-$12 in taxes that go to subsidize low wages and pay for the administration, corruption and prisons to house those who commit crimes? It would seem we prefer the $7 option because we can largely ignore the addition $10-$12 because it ain't on the menu board...it is there, it exists, we pay it, we just do not admit it. Why we continue to think of human labor in terms of a commodity when humans can and will produce themselves and will categorically not be laid up until such time as their production is economically feasible is a mystery to me. Hog belllies and iron ore can't produce themselves....they are commodities. When they are not in demand they can be laid up or tossed in the dumpster. Humans can't....they won't stand for it and the vast majority of Americans wouldn't stand for it either. There ain't no free lunch, people are either going to cost one another at the cash register or at tax time.

The only individuals benefitting from low wages are low wage employers....and even they pay more in personal taxes than they would otherwise if they simply paid their employees whatever the number was for that employee to produce.

We should, right now, this very minute, eliminate ALL corporate taxes. businesses do not pay taxes any more than they pay the light bill....they collect every penny of the cost of production from their customers or they fail financially...revenue must exceed costs. In exchange for the elimination of taxes we should establish the cost of living within a reasonable commuting distance to the place of work and establish the amount needed for a person, from a kid living at home to a single parent of 12, to live in that area. If they are employed and the employer does not pay that amount the employee should be fined the exact amount of the difference plus some punitive amount on top of administrative costs and the amount that the employee did not receive should be handed to them and the rest go into the general coffers. This is basically what we are doing anyway with the added benefit of removing politicians from the mix who can use taxes and wages as a tool to pick and choose winners and losers and its far less efficient the way we currently do it.

No matter what fantasy world one likes to believe could exist the fact is some folks are going to have a pile of kids they can't afford and some folks are just going to be sorry as shite. Those folks cost all of us....it is far better for their financial needs to met at the point of sell than through a direct deposit. It won't eliminate it but almost all welfare now has a work requirement thanks to Bill Clinton....if you are on the dole you have to have a job of some sort for the most part. That job should pay enough that you no longer need to be on the dole and the employer should be exempt from corporate taxes to help offset the costs. A dollar earned is worth a lot more than a dollar found and there ain't no free lunch.

Oh lawd, AwgustaDog with another meandering TED Talk no one asked for or will read.

I’ll help summarize: he doesn’t know the number, but trust him—it’s definitely out there. Everyone either works, inherits money, commits crimes, or lives off the government, and apparently we should fine poor people’s employers like parking violators and eliminate corporate taxes while we’re at it. Somewhere in the middle of that ramble he compared humans to hog bellies and iron ore, then circled back to Bill Clinton like it was 1996 again.

TL;DR: There ain’t no free lunch—unless you’re AwgustaDog helping himself to a heaping plate of circular logic and economic confusion.

We will continue to march off this cliff. Fast food meals are over $20 in some cases.

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that rare kid who does want a job and has the time to work who is also living at home should not be making the same amount of money doing the same job as a single parent with 2 kids

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This is nonsense.

I am dumber for having read it, if for no other reason than wasting the time on that blather.

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Oh lawd, AwgustaDog with another meandering TED Talk no one asked for or will read.

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Dude thinks TigerDroppings is an essay contest site. He makes Oweo look like he writes in shorthand.

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$20/hour makes the payback on robots/ automation investment that much shorter and easier to justify.

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They're doing it a lot here in Georgia and we don't have $20 minimum wage. Businesses gonna business. If they can eliminate opex, they're going to eliminate it anywhere they can.

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AwgustaDog

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Dude is a rambling assclown.

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Geniuses

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There are plenty of decisions having negative consequences happening in the country right now. Geniuses indeed…

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A recent warning by the CEO of Aloca, one of the largest U.S. aluminum producers, suggests that President Donald Trump's proposed 25% tariff on imported aluminum could lead to the loss of approximately 100,000 jobs in the U.S. according to CNN. This potential job loss estimate includes: 20,000 direct jobs in the aluminum industry. 80,000 indirect jobs in industries that support or are related to the aluminum sector. According to the CEO, William Oplinger, the tariffs are "bad for the US" and would likely lead to higher costs for American companies that utilize aluminum in their products, potentially damaging those businesses and their workforces. Past experiences with tariffs, like those on steel and aluminum in 2018, show that while some jobs were potentially gained in the directly targeted industries, many more were lost in industries that rely on those materials for production. In 2018, steel manufacturers reportedly added about 1,000 jobs, but companies that use steel and aluminum in their products (such as automotive parts, appliances, machinery, and more) hired an estimated 75,000 fewer workers than they would have without the tariffs says Investopedia.

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I'm sorry, but this post was about shite that has actually happened. Jobs that have actually disappeared like California's did due to a genius $20 minimum wage.

Speculation is just speculation. That is all.