California Senate endorses minimum wage hike

June 2, 2015

moneybagsThe California Senate voted Monday in favor of a bill that would raise the state’s minimum wage each of the next two years. [Sacramento Bee]

Senate Bill 3 would bump the minimum wage to $11 in 2016 and $13 in 2017. The bill also calls for the state’s minimum wage to start increasing annually in 2019 based on inflation.

Minimum wage is currently $9 per hour in California. Sen. Mark Leno, D-San Francisco, says that is too low.

“The president of the United States has defined income inequality as the defining challenge of our time,” said Leno, the author of the bill. “Wages are growing at the slowest rate relative to corporate profits in the history of the United States of America.”

Leno proposed a similar minimum wage increase last year. The bill passed the Senate but failed in an Assembly committee.

On Monday, the Senate voted 23-15 in support of Leno’s bill. No Republicans voted for the bill, and one Democrat opposed it.

“It’s a capitalistic society,” said Sen. John Moorlach, R-Costa Mesa. “We need to honor the work of those that are creating jobs, that are paying the taxes.”

The proposed minimum wage hike also faces opposition from the California Chamber of Commerce, which placed SB 3 on its annual list of bills that are “jobs killers.”

Recently, several California cities have adopted their own minimum wage increases. In the next few years, minimum wage will reach $15 an hour in both Los Angeles and San Francisco.

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Sociopathic misanthropes at the top of Capitalism’s food chain:

How empires end …and they always have.

Note that arrogant, capricious, and greedy ‘leaders’ of authoritarian bent often repeat the same pattern: foolhardy wars or other expansions, unpaid for. They raise taxes on the workers, but the rich are exempted, either officially or unofficially. This stifles business, industry, and productivity. The workers that can, move, or they just stop working. Government can’t pay its bills, so they keep issuing bonds, printing ‘money’ and continue to slide deeper into debt.

This is Stage 8, of which there is no reversal, and where the USA is today.

Economic and societal collapse ensues at some point, the empire dies, and quite often the ‘leaders’ are dispatched rather summarily.

The fools on the ‘Right’ still think they can evade and ignore history and fate, or that they are somehow immune.

If $12 an hour is good. Then it stands to reason $20 an hour would be better, or even $30 or $40. Why Not? Raise the minimum to $40 an hour and everyone would be doing just great, right? Nah! Why not? A thing called inflation, that’s why. Ever time you increase wages rent goes up. Cost of food goes up. Everything goes up. It’s called “Inflation”!

My proposal: No minimum wage: “This is the job. This is what it pays. If you will work for this wage, please submit your application, if not – don’t.” Seems simple enough to me. If I don’t get applications, obviously I will need to increase the wages until I do.

Supply and Demand. If you are a good worker, you will get a raise for fear you will quit and go to work somewhere else. If you are a bad worker, your wages will be cut to match your performance, Next, outlaw unions!