The Trump Presidency Message Board

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Politics : The Trump Presidency

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To: Wharf Rat who wrote (9747)	2/11/2017 8:05:14 PM
From: TimF	Read Replies (1) of 358705

Much of coastal CA can probably handle $15/hour. Not so sure about many parts of the interior. Maybe if the economy is really strong until and during 2022. At least its phased in rather then all at once but still a 50 percent increase in 5 years is tough. The fact that it only applies to companies with more than 25 employees will help lessen its direct impact, OTOH it also provides yet another reason for a company to restrain its growth. I've heard a proposal which I think is a good one. Any law that only applies to companies with X number of employees or more has the X doubled. Now all those other companies can grow even if its just a a moderate rate. They don't have to have the feeling that they are set up for very strong growth in order to hire that 26th or 51st or whatever employee. Of course a company at 49 or 50 might hesitate to hire even if it got relieved of the extra costs it would face now because it would lose out on all the benefits it would gain from being able to avoid the costs that it now pays that apply to 25+ but still its a start.

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