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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (9302)9/14/2006 1:40:58 PM
From: Maurice Winn  Respond to of 219951
 
Immigrant pay is going up too ElM. That's financial relativity theory in action.

Mqurice



To: elmatador who wrote (9302)9/14/2006 9:06:24 PM
From: energyplay  Respond to of 219951
 
Hi El Mat - Most jobs in COASTAL California are at least 1.50 to 2.50 above minmimum wage already, so there won't be much effect here. Coastal California, the parts within about 50 miles of the ocean, has about 60% of the population, >85% of the wealth and makes 90% of the political contibutions in California - it includes the SF Bay area, Silicon valley, Los Angeles, San Diego, and Orange County.

Inland California and north of Sacramento is another matter, the higher minimum wage may be a minor problem in some areas.

There was almost no complaint from business or economists about this bill - the market was already setting wages higher.