The True Cost of California's Minimum Wage Hikes

[4est_4est_Gump]

Andrew Solomon

California has been on a minimum wage hike tear. The Golden State’s minimum wage has risen by 29% since 2007. By 2022, just 4.5 years from now, the minimum wage will skyrocket to $15/hr., an additional 30% increase from its current rate, or exactly double its 2007 rate! Since my company is levered to low-end pay scales, that means my gross labor expenditures will have doubled in that short amount of time. Meanwhile, sales certainly have not, nor do I expect they will.

So where exactly will the difference be made up?

Why on the most productive, of course! Since minimum wage hikes are essentially a tax on the productive, that means they come out of everyone else’s pocket who is not at minimum wage level.

At every payroll, just before I submit, I briefly audit the checks to make sure there are no mistakes. While glancing across the screen again this week, I was reminded of this sad truth. As wages have eroded profitability, our company has been forced to stagnate wages for everyone else. Everyone slightly above minimum wage has been on hold for any wage advancements. The only time they now receive a wage increase isn’t because they’re doing a good job, but rather it’s when the state annually raises rates again. We don’t reward productivity any longer. We can’t afford to.

Even more perversely, the owners, myself included, have been forced to take massive wage reductions. We have given ourselves all very expensive haircuts. Not a small trim either. I hear bald is in these days.

Even more perverse than this, we have had to pull credit cards. And worse than that, we have had to go into our retirement accounts and borrow on our 401Ks. Our homes are already leveraged out to the maximum. We are subsidizing with our life’s savings the state’s crazy ideas of how the economy is supposed to work. For them, it’s easy. They just pass a law and then go home and congratulate themselves on what a fine job they did. For the rest of us, as consumers and business owners, we are looking for a way to escape.

This is no hyperbole. We are, in fact, looking – right now – for just that. A way to escape, for good, at least from California, permanently.

I would suggest, if you live here in California, and choose to remain here, you write your senators and send this article to them. I already have many times. It doesn’t appear to do much good, but at least you can, in the end tell them, you told them so.

http://www.americanthinker.com/blog...ornias_minimum_wage_hikes_.html#ixzz4fRajKQw4

 

[4est_4est_Gump]

I did c&p the whole thing, but the author wants this word to spread, so I feel that I have not violated any of the guidelines here at Lit or any other standard.

 

[Wat_Tyler]

Yeah, they used to say a guy goes into business and works 80 hours per week so he doesn't have to work 40 hours a week for someone else.


It seems like it's now up to about 135 hours per week between gummint enforced inshornce and telling him that he has to pay skilled labor wages to the un-or-semi-skilled.


So much for being "one's own boss" . . . .

 

[4est_4est_Gump]

Indeed.



They pay the boss a dollar
They pay me just a dime
And that's why I like to poop
On company time...

 

[water505]

Andrew Solomon



http://www.americanthinker.com/blog...ornias_minimum_wage_hikes_.html#ixzz4fRajKQw4

Business owners get filthy rich on the backs of their employees and deserve to be punished. This country is in desperate need of income equality. It's only fair. We're better than that.

 

[Tristyn]

I just love how fair and balanced Mr. Solomon is...

Articles & Blog Posts by Andrew Solomon

•California: The sick man of the United States

•The True Cost of California’s Minimum Wage Hikes

•Calls for rent control increasing across California

•Trump's new strategy: Hulk smash

•The Great California Earthquake of 2018: First State To Default

•What Government 'Help' Looks Like on the Front Lines

•Why the world needs more Scrooges

•California Democrats misinterpreting supermajority status

•What Does The Trump Rally Mean?

•The Left’s Dead End

•Bannon Is The New Halliburton For Our Precious Left

•Obamacare the Destroyer: How It Has Hurt Small Business

•The real choice at the top of the ballot

•Will America Wake Up and Smell the Coffee with Trump’s Blunt Truths?

•Explaining the one-sided anti-Trump criticism of your friends

•The Democrats and demographics

•What peak government looks like

•Why California paid sick leave destroys immune systems

•California's SB3, the Minimum Wage Hike From Hell

•Why Voting Should Be Made Harder, Not Easier

•You Want A Higher Minimum Wage? Why Do You Hate The Elderly So Much?

http://www.americanthinker.com/author/andrew_solomon/

 

[4est_4est_Gump]

Why didn't you reply to the last post I replied to you in?

Oh, wait, that might have been the other Pookie-lite alt...





My bad

 

[4est_4est_Gump]

Business owners get filthy rich on the backs of their employees and deserve to be punished. This country is in desperate need of income equality. It's only fair. We're better than that.

*chuckle*


I love the smell of sarcasm in the morning...

 

[4est_4est_Gump]

Solomon could as well be a Byron-In-Exile alt...

 

[water505]

I just love how fair and balanced Mr. Solomon is...



http://www.americanthinker.com/author/andrew_solomon/

The first article listed was fair balanced, and accurate, as were the others I read. But that doesn't matter. Even if you had read them you would have claimed otherwise. Leftists hate facts and are offended by the truth. They destroy their meaningless platitudes and phony narratives.

 

[water505]

*chuckle*


I love the smell of sarcasm in the morning...

I forgot to add they don't pay their fair share.

 

[Tristyn]

Why didn't you reply to the last post I replied to you in?

Oh, wait, that might have been the other Pookie-lite alt...





My bad

Which alt are you referring to?

 

[Tristyn]

The first article listed was fair balanced, and accurate, as were the others I read. But that doesn't matter. Even if you had read them you would have claimed otherwise. Leftists hate facts and are offended by the truth. They destroy their meaningless platitudes and phony narratives.

I'm not totally opposed to what Mr. Solomon has to say. I am open to the opinions of other people & have learned much from my friends on the right.

I just don't see any articles by Mr. Solomon that lean left. Is it Mr. Solomon's belief that the right is always right & the left is always wrong?

 

[4est_4est_Gump]

I forgot to add they don't pay their fair share.

tee hee

Which alt are you referring to?

You.

I asked a lot of questions and then gave you a reply in depth. I never heard back.

~bye~


Now that Byron's gone, call me Lt. Col. Kilgore....

 

[4est_4est_Gump]

I'm not totally opposed to what Mr. Solomon has to say. I am open to the opinions of other people & have learned much from my friends on the right.

I just don't see any articles by Mr. Solomon that lean left. Is it Mr. Solomon's belief that the right is always right & the left is always wrong?

No, what you are engaging in now is blaming the victim for not seeing the other side.

His writings are a reaction to what is being done to him in the name of benevolence by the State.

 

[water505]

I'm not totally opposed to what Mr. Solomon has to say. I am open to the opinions of other people & have learned much from my friends on the right.

I just don't see any articles by Mr. Solomon that lean left. Is it Mr. Solomon's belief that the right is always right & the left is always wrong?

You aren't open to shit if it challenges your opinions. Why would you expect left leaning articles from a conservative?

Someone has come down with KO's Mensa Syndrome.

 

[Tristyn]

No, what you are engaging in now is blaming the victim for not seeing the other side.

His writings are a reaction to what is being done to him in the name of benevolence by the State.

Question for you, AJ.

In his articles, does Mr. Solomon offer solutions to the problems he experiences?

 

[Tristyn]

You aren't open to shit if it challenges your opinions. Why would you expect left leaning articles from a conservative?

Someone has come down with KO's Mensa Syndrome.

As long as something is of benefit to ALL Americans, I'm always willing to listen.

 

[4est_4est_Gump]

Question for you, AJ.

In his articles, does Mr. Solomon offer solutions to the problems he experiences?

Don't know.

Don't care.

:shrug:

We all know the solutions, but they are anathema to the Left, which controls California. At this point, the only question for the American taxpayer is, "Is California too big to fail?"

 

[Tristyn]

Don't know.

Don't care.

:shrug:

We all know the solutions, but they are anathema to the Left, which controls California. At this point, the only question for the American taxpayer is, "Is California too big to fail?"

Don't know? Don't care?

Perhaps that's the problem, AJ.

 

[Ishmael]

Don't know.

Don't care.

:shrug:

We all know the solutions, but they are anathema to the Left, which controls California. At this point, the only question for the American taxpayer is, "Is California too big to fail?"

California isn't the only state/city that's on a minimum wage rampage. A few years ago the city of Albuquerque got a minimum wage hike in by ballot initiative. Imagine being able to vote yourself a raise!!!!!!!!!! And that wage hike includes annual COLA's as well.

This legislation has essentially raised the prices almost across the board in a business unfriendly state that is still in the economic shitter.

How does that effect me? I'm in the process of building a new business and eventually I'm going to have to hire a couple of minimum wagers. And quite frankly if projected volume warranted it I'd just buy some automated machinery. But initially the volume isn't going to be there so I'll be stuck paying a couple of Yoyo's far more than their work is worth.

Unlike a biz. that is slaved to the local economy, an eatery for example, this state/city represents less than 1% of my total expected volume. So right now I'm looking at moving my business to another state before I even get into production. I don't want to do this but it appears that unless something dramatic happens I'll have no choice.

Ishmael

 

[Lancecastor]

Will you be giving Yoyo Lit access during work hours?

 

[4est_4est_Gump]

Don't know? Don't care?

Perhaps that's the problem, AJ.

Thank you Lavy...

 

[Adre]

Sounds like a sophisticated operation, two yoyos working for a putz.

 

[4est_4est_Gump]

California isn't the only state/city that's on a minimum wage rampage. A few years ago the city of Albuquerque got a minimum wage hike in by ballot initiative. Imagine being able to vote yourself a raise!!!!!!!!!! And that wage hike includes annual COLA's as well.

This legislation has essentially raised the prices almost across the board in a business unfriendly state that is still in the economic shitter.

How does that effect me? I'm in the process of building a new business and eventually I'm going to have to hire a couple of minimum wagers. And quite frankly if projected volume warranted it I'd just buy some automated machinery. But initially the volume isn't going to be there so I'll be stuck paying a couple of Yoyo's far more than their work is worth.

Unlike a biz. that is slaved to the local economy, an eatery for example, this state/city represents less than 1% of my total expected volume. So right now I'm looking at moving my business to another state before I even get into production. I don't want to do this but it appears that unless something dramatic happens I'll have no choice.

Ishmael

The same people are going to cry havoc and let slip the dogs of war because the "mom and pop" retailers are going out of business....