California set to raise minimum wage to $10

[publicunofficial]

http://cbsnews.com/storysynopsis.rbml?pageType=national&url=http://www.cbsnews.com/8301-201_162-57602764/california-poised-to-raise-minimum-wage-to-576027640-an-hour/&feed_id=1&videoid=37&catid=57602764

The California Legislature voted to raise the minimum wage to $10/an hour which, if Gov. Jerry Brown signs it, would have California surpass Washington (MW: $9.19) as the state with the highest minimum wage in the nation.

Cue ALL CALIFORNIAN BUSINESSOWNERS MOVING TO TEXAS.

[King]

This is only going to affect inland areas.

Jobs in the major CA cities are already $10/hr at least out of necessity.

[○∙◄☻¥tπ[╪AV┼cVê└]

This is only going to affect inland areas.

Jobs in the major CA cities are already $10/hr at least out of necessity.

There are always going to be a few low paying jobs even in the cities.

And anyways, I think exempt employees have a minimum salary of twice the minimum wage, so this would raise that from $32,000 to $40,000. Full time employees can be paid less, but then would be required to get paid for overtime.

[ElectionsGuy]

ALL CALIFORNIAN BUSINESSOWNERS MOVING TO TEXAS.

You got that right. Little by little, good jobs are being lost. Obviously California has one of the highest job creation numbers for being the biggest state, but jobs/person or the Job Creation Index is generally lower than the nation. Also, the jobs being added to California are generally low-wage and part-time. In fact, I think California is the state with the highest "underemployed" %.

[badgate]

Texas welcomes new business from the liberal bastion California!

[○∙◄☻¥tπ[╪AV┼cVê└]

We're sick of hearing about this supposed Texas miracle.

[publicunofficial]

We're sick of hearing about this supposed Texas miracle.

True. When Californians get fed up with living in California, they move to Colorado. Or Montana. Never Texas.

[Grumpier Than Thou]

well here's one reason to live in CA

[Sbane]

ALL CALIFORNIAN BUSINESSOWNERS MOVING TO TEXAS.

You got that right. Little by little, good jobs are being lost. Obviously California has one of the highest job creation numbers for being the biggest state, but jobs/person or the Job Creation Index is generally lower than the nation. Also, the jobs being added to California are generally low-wage and part-time. In fact, I think California is the state with the highest "underemployed" %.

You don't know what you are talking about. It is low skilled, low value added jobs that are being lost (or rather I should say no gains are being made). The tech industry isn't going anywhere. If anything it is expanding, and will never move to places like Texas, with the sole exception of Austin. The culture in Texas is not conducive to innovation. Also the biotech industry is strong in California and isn't going anywhere either. If you were involved in low skill manufacturing on the other hand, yeah maybe your job is at risk (if you didn't already lose it during the recession).

[Starbucks Union Thug HokeyPuck]

Obviously not enough, but at least a step in the right direction. 

Good on you, California. 

[Grumpier Than Uncle Joe]

In before opebo drops by to say it should be double that.

(I'm against minimum wage laws anyway, btw)

[Torie]

This public policy fail is always kept in check (as to the amount), so that the screwees who would otherwise be employed at a lower rate are limited to the young and unskilled who don't vote. One would think the minimum wage would be jettisoned due to food stamps and the earned income tax credit (earning something is better than earning nothing), but no. Anyway, it won't have much macro-economic impact, given the nature of the screwees.

[pbrower2a]

ALL CALIFORNIAN BUSINESSOWNERS MOVING TO TEXAS.

You got that right. Little by little, good jobs are being lost. Obviously California has one of the highest job creation numbers for being the biggest state, but jobs/person or the Job Creation Index is generally lower than the nation. Also, the jobs being added to California are generally low-wage and part-time. In fact, I think California is the state with the highest "underemployed" %.

California has more of a problem with below-average K-12 education. It badly underfunds schools thanks to Prop 13.

Texas is a low-wage state, and even degreed professionals do worse than elsewhere.  

[barfbag]

$10 isn't very much money in CA, but it's a great way to scare away companies into moving to Texas. The same thing is going on at the federal level. I can't blame companies for going overseas. What we need to do is eliminate the corporate tax and place tariffs on goods from companies who move overseas. No corporate taxes will bring jobs back from overseas. All we're doing in places like CA is scaring them away. All they'll do is raise prices in order to get back to where they were and then we're right back to where we started.

[TNF]

Not high enough, but a good start

[Small Business Owner of Any Repute]

ALL CALIFORNIAN BUSINESSOWNERS MOVING TO TEXAS.

You got that right. Little by little, good jobs are being lost. Obviously California has one of the highest job creation numbers for being the biggest state, but jobs/person or the Job Creation Index is generally lower than the nation. Also, the jobs being added to California are generally low-wage and part-time. In fact, I think California is the state with the highest "underemployed" %.

That's ridiculous. What kind of businesses do you think are relocating to Texas because California has a higher minimum wage?

By the way, of the jobs added in California from 2010 to 2013, over half paid more than $50,000 a year.

[Indy Texas]

This public policy fail is always kept in check (as to the amount), so that the screwees who would otherwise be employed at a lower rate are limited to the young and unskilled who don't vote. One would think the minimum wage would be jettisoned due to food stamps and the earned income tax credit (earning something is better than earning nothing), but no. Anyway, it won't have much macro-economic impact, given the nature of the screwees.

This is the kind of strange logic that made Charles Murray marvel that low-skilled men are working fewer hours and more likely to be unemployed today than they were 40 years ago. Sure their real wages have fallen, he said, but surely they'd rather go to work for minimum wage than stay home and not work at all. Of course, by this logic, raising income taxes ought to have no effect on productivity either. After all, even if a heart surgeon has to pay a marginal rate of 70% on his $300,000/year salary rather than 35%, it doesn't make a difference; working for something is  better than working for nothing!

[Gass3268]

Californian continues to be a Freedom State as they will now allow undocumented immigrants driver's licenses ! Wouldn't that make them documented now?

http://www.huffingtonpost.com/2013/09/13/california-drivers-licenses-for-undocumented-immigrants_n_3920891.html?ncid=edlinkusaolp00000009

[Nhoj]

We're sick of hearing about this supposed Texas miracle.

True. When Californians get fed up with living in California, they move to Colorado. Or Montana. Never Texas.

Austin has a pretty big California population, but they seem to vote like they are in California anyways.

[Eraserhead]

$15 would make a lot more sense but this is a good start!

[Lief 🗽]

Poor Californians. Now they're going to have to go to Texas to order their McDonalds burgers and buy their Old Navy T-shirts because the minimum wage is too high for those companies to open stores in California.

^literally conservative logic

[opebo]

good jobs are being lost.

What's wrong with you?

This is the kind of strange logic that made Charles Murray marvel that low-skilled men are working fewer hours and more likely to be unemployed today than they were 40 years ago. Sure their real wages have fallen, he said, but surely they'd rather go to work for minimum wage than stay home and not work at all.

The marvel is that they don't rise up and guillotine the likes of Charles Murray.

In before opebo drops by to say it should be double that.

I'm gratified to note I'm no longer unique in that respect, GG, though I will admit to being on the cutting edge.  In fact nowadays most reasonable people believe a $20 minimum wage is needed.

[bgwah]

Aw, I liked Washington being #1. We'll probably only be around $9.75 by the time this takes effect.

[Starbucks Union Thug HokeyPuck]

good jobs are being lost.

What's wrong with you?

This is the kind of strange logic that made Charles Murray marvel that low-skilled men are working fewer hours and more likely to be unemployed today than they were 40 years ago. Sure their real wages have fallen, he said, but surely they'd rather go to work for minimum wage than stay home and not work at all.

The marvel is that they don't rise up and guillotine the likes of Charles Murray.

In before opebo drops by to say it should be double that.

I'm gratified to note I'm no longer unique in that respect, GG, though I will admit to being on the cutting edge.  In fact nowadays most reasonable people believe a $20 minimum wage is needed.

Well unfortunately, most Americans are not reasonable and don't give diddly-poo about what is needed. 

[○∙◄☻¥tπ[╪AV┼cVê└]

$10 isn't very much money in CA, but it's a great way to scare away companies into moving to Texas. The same thing is going on at the federal level. I can't blame companies for going overseas. What we need to do is eliminate the corporate tax and place tariffs on goods from companies who move overseas. No corporate taxes will bring jobs back from overseas. All we're doing in places like CA is scaring them away. All they'll do is raise prices in order to get back to where they were and then we're right back to where we started.

Yeah, McDonald's is packing their bags as we speak.