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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (930047)	4/11/2016 7:08:41 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1577593

Wharfie, when 2022 comes around, I look forward to see poverty, homelessness, and hunger end here in the People's Republic of California. All because everyone is earning a "living wage." And if that doesn't happen, no problem. We'll just raise it to $20/hour. Then $25. Maybe even $40. Because socialism. Tenchusatsu

To: Wharf Rat who wrote (930047)	4/24/2016 10:04:20 AM
From: TimF	Read Replies (1) \| Respond to of 1577593

Employees get hired because doing so is profitable for the boss. Make it less profitable and the marginal employees job is likely to be lost. Make it unprofitable (which $15/hour minimum wage would do in many cases outside of wealth high cost cities, and in some cases in those cities) and more than just the marginal employee's job can be lost. Most of the job losses, would really be someone not getting hired in the first place, but some would be direct job losses. Discouraging employment of low skilled marginal workers isn't only bad for the workers, its also bad for the tax payer.