Los Angeles City Council votes to increase minimum wage to $15/hr

all that'll do is kill jobs because they will be giving 1 person the job of 2. But hey, I'd rather do 2 jobs at once and get $15 for the same hour.
 
How much you want to bet it increases it for only 600,000 and leaves 200k unemployed?

with the gradual increase, it might not make unemployment so obvious, but it will allow cost of living to creep up, making the raise useless if not harmful for the rest.
 
with the gradual increase, it might not make unemployment so obvious, but it will allow cost of living to creep up, making the raise useless if not harmful for the rest.

It will especially be harmful to the middle class.
 
It will especially be harmful to the middle class.

ironically, it was advertised that it intended to create a new middle class. I guess you'll always have a middle class, just not what many want it to be. i don't think it'll hurt the middle class (unless they're business owners) as much as the underclass, barely employed, newly graduated and unemployed.
 
You guys, I have a great idea! Why don't we raise the minimum wage to $100 an hour? More money for everybody! I can't believe nobody's ever thought of this before!
 
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You guys, I have a great idea! Why don't we raise the minimum wage to $100 an hour? More money for everybody! I can't believe nobody's ever thought of this before!

We'd need at least 500 an hour to make the average worker a millionaire. Who couldn't be happy being a millionaire?
Zimbabwe_$100_trillion_2009_Obverse.jpg
 
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