Economic Genius! Let's Have a $50 Minimum Wage!

excalibur

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Looking at her, and knowing she's from Oakland, no surprise. Dumb always finds its level.



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Barbara Lee, who retired from Congress as a very powerful Congresswoman, ran and lost in the race to replace Dianne Feinstein in the Senate, so she has settled herself in as the Mayor-elect of Oakland, California.

It's appropriate enough. Oakland is what Donald Trump would call a "s**thole," and deserves yet another Mayor who is full of it.

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Poor people have to live somewhere, and Oakland is where poor people live in the Bay Area. But their poverty will not be relieved by magic bullets like an increase in the minimum wage. If the wage goes to $50/hour, those people will become unemployed tomorrow, and businesses will bail immediately.

Now they will be even poorer with no place to shop. I suppose they could take the BART--an aging, decrepit, and ever-less-reliable subway that is failing--to somewhere else less insane, but they will have little money in a region where a LOT of money is necessary to get by. I'm not sure that Whole Foods or some Co-Op will be thrilled to see them either.

What Oakland needs is much better governance, schools, and a lot more fathers in the families. Increasing wages without vastly increasing the value that minimum wage workers bring to the table is a recipe for disaster.

Unfortunately, the fact that Barbara Lee succeeds another truly awful mayor shows that Oakland is toast.

Which is, I suppose, as it ever was.





 
And a can of cat food for the elderly will be $8.

Just think: I've heard stories of the elderly being made so poor that they had to eat cat food to get by on and no one minded, but these same people think they can justify banning them from being able to buy a tasty sweetened drink or to have a simple tasty desert like a mere candy bar, then scratch their heads wondering who could possibly object!

Nothing but kale and watercress for the sick, poor and old! :rock:
 
While $50 is excessive $7.25 does mean giving no effort or productivity. One MUST admit the fact.
 
It’s a damn shame people expect to be compensated for their work.
Oh right…..how dare a business owner not want to pay the high school graduate scooping chicken out of the bowl at Panda Express $50 an hour!

Let me guess…..you’re a Democrat with no economic sense whatsoever.
 
Oh right…..how dare a business owner not want to pay the high school graduate scooping chicken out of the bowl at Panda Express $50 an hour!

Let me guess…..you’re a Democrat with no economic sense whatsoever.

Let me guess ….. you’re a humorless asshole.
 
Oh right…..how dare a business owner not want to pay the high school graduate scooping chicken out of the bowl at Panda Express $50 an hour!

Let me guess…..you’re a Democrat with no economic sense whatsoever.
$15 per hour is in no way too much. If it is i would applaud watching them close their doors.
 
Oh right…..how dare a business owner not want to pay the high school graduate scooping chicken out of the bowl at Panda Express $50 an hour!

Let me guess…..you’re a Democrat with no economic sense whatsoever.
High school graduate? Those were the jobs high schoolers had back in the day.
 
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