San Francisco Becomes First US City With $10 Minimum Wage

[One Brow]

That is something you cannot really say, on either side of that question.

I agree.

I was arguing that this change would likely have a larger impact on smaller businesses and thereby affect peoples' lives, particularly in the middle class, ...

I agree the larger impact will there, for the better or the worse. I disagree the impact is inevitably, or even largely, worse.

 

[One Brow]

My car will still drive even if I fill every open space with sand bags.

Proof that hauling sand bags has no ill effects on my cars performance.

As LogGrad98 pointed out, we don't have data comparing a counter-factual with our current economy. For all we know, minimum-wage laws have a long-term effect similar to removing sandbags.

 

[TroutBum]

https://www.slcap.org/phppages/foodstampcalc.php

Kind of veering off topic, but I was curious what results people get here...

If I cut my hours in half, and my wife stopped working, we could get this:

Estimated Food Stamp Eligiblity Amount = $ 550
Gross Income = $1917.8
Net Income = $658.24
Excess Shelter Amount = $367
Food Stamp Income = $198
Maximun food stamp amount = $668

Holy crap. Maybe I should start accepting more cash payments...

 

[bordelais7]

Considerably more than I got around here, or in Ohio. Thank you for the correction. I'm truly suprised by the amount.

The numbers seemed really high for me, and it seems odd that it would vary so much from state to state. Wonder if these are accurate or if I'm missing some stipulation.

Anecdotally, I know a family of 5 (3 kids under 10) in my neighborhood that qualifies for $450/month in food stamps (in addition to free breakfast and lunch at the school).

 

[bigb]

5. I've owned several small businesses over the last twelve years and I'm failing to see what the commotion is all about. You guys do realize that they raised the minimum wage by $0.32, right? I'm no math major, but I believe that equals out to $665.00 per year. If you can't afford to pay your employees an additional 665 bucks a year, you probably shouldn't be in business, and you were destined to fail anyway. $665.00 to keep my employee happy and in a better frame of mind? Sounds like money well spent to me. If you're a worthy business owner, then you know that happy employees = happy boss, more money, etc.

The company I work for doesn't have an extra $665 laying around. No way could we afford a MANDATORY raise of 32 cents per hour. Does that mean my boss sucks or that my company is destined to fail?

6. I have no idea what I'm talking about. Carry on.

I think most people would agree with this statement.

 

[TroutBum]

The company I work for doesn't have an extra $665 laying around. No way could we afford a MANDATORY raise of 32 cents per hour. Does that mean my boss sucks or that my company is destined to fail?

Of course not, and I didn't imply that your boss sucks. My implication, which is likely worthless, was when a company can't afford to drop $665.00 for an employee expense, that probably means that the next time a central piece of equipment needs to be replaced, or something is stolen and a $500.00 deductible has to be paid, or your insurance goes up that your company is probably in deep peepee water, and likely on the way out of business. Is that always the case? Nope. See bullet point 6 above.

I think most people would agree with this statement.

That's because I'm so agreeable.

 

[Jazz Spazz]

If I cut my hours in half, and my wife stopped working, we could get this:

Estimated Food Stamp Eligiblity Amount = $ 550
Gross Income = $1917.8
Net Income = $658.24
Excess Shelter Amount = $367
Food Stamp Income = $198
Maximun food stamp amount = $668

Holy crap. Maybe I should start accepting more cash payments...

That's just not honest. Why would I get insurance through a dishonest insurance salesman?

 

[LogGrad98]

That's just not honest. Why would I get insurance through a dishonest insurance salesman?

Mind = blown.

 

[TroutBum]

That's just not honest. Why would I get insurance through a dishonest insurance salesman?

Let's be real, you wouldn't give me your business even if I was the most honest ***** on the Reservation. (which, coincidentally, I am) It's cool though, I don't like crazy Mormons for clients.


</bitter>