- cross-posted to:
- politics
- california
- cross-posted to:
- politics
- california
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The problem with minimum wages is that they also drive up prices over time. This is a bandaid to a much bigger problem.
That’s why they also need to introduce a maximum wage. To stop prices going up from paying the ceo too much.
Dunno why you’d think that solves the problem
Dunno why you think it couldn’t help in any way
Because minimum wages cause significant cost for companies, which they are forced to pay by law.
High salaries are not mandatory and if a company can’t afford it, they don’t pay that much.
So we should decrease your salary to drive down prices?
While lower salaries would decrease the amount of financial pressure on companies and could lead to more competitivepricesz, I don’t think that that would be the correct avenue to walk down no.
I think the only real solution to that is to break up mega corporations and try to fund and subsidize local businesses.
Capitalism has been a blessing for everyone, even those clowns on lemmy.ml or other clown instances, but when globalization hit, it went downhill. Trying to promote local businesses again would - at least in my opinion - better the entire system, from wages to prices to work conditions.
I mean, better than not going up but $18 would have been reasonable years ago and now it should be far higher.
Last time I checked 25 bucks is cost of living but it’s been a couple years. I wouldn’t be surprised if it should be higher now.
50k a year in cali… could work if you are renting a bedroom…
In San Jose that’s not even bedroom rental territory, but in Fresno that’s a decent apartment and in Redding that’s a small house you’d be able to get. It’s not great, but Cali also has a super diverse background of where minimum wage goes farther. What’s ironic is the people in the areas that benefit more from this (Redding and other more rural areas) will likely vote against it.
Heck even in the greater LA area you could live with 50k. Plenty of poorer cities where rent is cheaper. People just take the average found online to shit talk rent everywhere. I work in Orange County and rent is crazy here. Between my fiancee and I we couldn’t afford to even rent where we work. Maybe some more northern orange county cities.
People need to live where they work. How is your commute and what are costs of car ownership?
I live 15 miles out which isn’t a lot but with traffic it’s 30-40 minutes on good days and upwards of an hour on bad.
I really don’t have it all that bad compared to other people in LA/orange county but I wish I could live in the apartments down the street and just walk/bike here instead of driving.
Under 1 hour aint too bad… for US car commute.
But is cost being out worth the cost of no car and closer?
Can’t wait to see the campaigns against this lmao
The best part is there’s a lot of data now about how the raise in minimum wage has helped in California.
Would you peasants think about the poor business owner 🤡
https://rentalrealestate.com/data/rent/california/
Avg Studio Apartment Rent: $1575
Required Hourly Wage for rent to be 1/3 of income, working 40 hrs a week (taxes ignored): $29.54
Avg One Bed Rent: $1724
Required Hourly Full Time Wage (Ignoring Taxes): $32.33
Avg Two Bed Rent: $2,161
Required Hourly Full Time Wage (Ignoring Taxes): $40.52
…
So basically, you can afford a studio apartment on a full time min wage job if you share it with someone who works about 20 hrs a week at min wage…
… all ignoring taxes on your income.
That’s if you can find a studio. All I could find by me was 1 & 2 bedrooms.
If minimum wage is always 10+ years behind what a living wage should be, what’s the point? People can’t survive on $18 an hour, so the focus should only be on living wage.
An important note I feel was fucking unnecessary in this, though I did vote yes because I’m not a moron:
Inflation Adjustments Paused Until 2027. The minimum wage would be adjusted for inflation every year starting in 2027. These adjustments would follow the current rules described earlier.
