Los Angeles City Council passes $15/hr minimum wage – with no exceptions and lots of arrogant, giddy bluster.
LA City Councilman Gil Cedillo: the proposed minimum wage increase as "the greatest transfer of wealth" @KFIAM640 pic.twitter.com/bPbfvYWRiq
— Eric Leonard (@LeonardFiles) May 19, 2015
I’ve no doubt Mr. Cadillo is correct. Just not in the way he and the rest of the council intended.
The livable wage movement certainly means one thing. All those college students with non-technical degrees have finally accepted that they are not going to get high income employers knocking down their doors.
I hope the guys who build burger-flipping robots send the City Council a nice fruit basket. I also hope that some of LA’s vaunted educational facilities will add “Robot Maintenance” to their list of offerings…
$15? You can’t feed, cloth, and house a family of four in LA on $15/hour. I want $20! No, wait, $50 an hour! Greedy, miserly city council fuckers! Gimme mine!!
Are they not paying attention to what is happening in Seattle, and the sudden shuttering of dozens of small businesses and restaurants?
Squid pretty much said what I wanted to say. The robot manufacturers will thank the city council for the wealth transfer to them.
It’s as if they have zero understanding of how markets work.
Oh, wait.
Old and busted: Minimum Wage. New hotness: Guaranteed basic income.
And certain to be featured in the Sanders, de Blasio and Warren 2016 campaigns.
That’s an “Easter egg” as it will get rid of those bourgeois kulaks and give a boost to the Democrat sponsored use of the “Curley Effect” not just in LA, where it would be the second time that has been done to a multimillion population US city – yes I’m looking at you Detroit – but a first attempt to implement it on a state-wide basis. Visionaries they are.
Even robots need for there to be humans, who are in the area, want the product, and, most importantly, have money to buy the product. What the Democrats are building will be a population, in LA and later all the State, that fails to have at least one of those three things.
labor will become a bigger black market see: cigarettes
see being an individual “fast food worker” being a contractor to 5 fast food franchises working 8 hrs at each/week
See gringos learn to speak Mex so they can pretend to be illegals and work for cash.
patronage news
Poof! CNN’s Jake Tapper disappears from Clinton Foundation website
Even robots need for there to be humans, who are in the area, want the product, and, most importantly, have money to buy the product.
Soylent Green
No really.. there will be the uber highend, members-only restaurants with select staff, celebrity chefs …
and basic robot delivered kibble for the rest of us.
>and basic robot delivered kibble for the rest of us. <
there is no "basic robot". basic programming perhaps .
A nearby town is suffering a brain drain because its college graduates come home and there aren’t enough Starbucks-es to employ them all.
Used to be that I would hear about something like this and say to myself “Well, they’re pig ignorant when it comes to basic economics, but they have good intentions.”
I don’t think that anymore.
I am thinking of investing in nuisance robot extermination services.