LA City Council Votes 12-3 to Give Hotel, Airport Workers $30/Hour Minimum Wage

cool. They deal with a lot of shit. And you left out the part where it starts at $22.50 and goes up each year.
 
Yeah, real cool. Like everywhere else rats have done this, people will lose their jobs.
Brilliant thinking dfc. Way to learn absolutely nothing from your own party's history.
 
Bendintheriver said:
Yeah, real cool. Like everywhere else rats have done this, people will lose their jobs.
Brilliant thinking dfc. Way to learn absolutely nothing from your own party's history.
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DucksFC said:
cool. They deal with a lot of shit. And you left out the part where it starts at $22.50 and goes up each year.
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So it's ok because it doesn't immediately go to $30 an hour but it's passed in over a few years? Sounds like that Oakland $50 an hour wage is right up your alley.
Might want to do some critical thinking as to the cost drivers of why it's so expensive to live in CA and what some real solutions would look like.
 
Bendintheriver said:
Yeah, real cool. Like everywhere else rats have done this, people will lose their jobs.
Brilliant thinking dfc. Way to learn absolutely nothing from your own party's history.
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Now wait a second…your guys argument is that companies can withstand tariffs they just don’t want to give up their profit margins. Then why can’t they pay their employees more so they can make a living wage? Which way is it??
 
HuskyBuck said:
Bendintheriver said:
Yeah, real cool. Like everywhere else rats have done this, people will lose their jobs.
Brilliant thinking dfc. Way to learn absolutely nothing from your own party's history.
Click to expand...
Now wait a second…your guys argument is that companies can withstand tariffs they just don’t want to give up their profit margins. Then why can’t they pay their employees more so they can make a living wage? Which way is it??
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They don't want to give up their profit margins to pay employees either.
 
Reading Spaz’s post should remind everyone that we are dealing with here.
Basic economics eludes him, yet he thought he was making a brilliant point.
 
Oh boy here we go. EverettChris is here! Everybody fart and clear their brains!
 
I mean the differences are pretty obvious. If you import you have options and ability to negotiate down the supply chain. Minimum wage increases just mean less hours for workers.
 
Bob_C said:
I mean the differences are pretty obvious. If you import you have options and ability to negotiate down the supply chain. Minimum wage increases just mean less hours for workers.
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Why not negotiate down the supply chain anyway? In either scenario? Wouldnt companies have done that already? You’re very vague why that’s applicable in the tariff scenario.
 
Inflection points create leverage. Suppliers know you aren’t leaving them for 1% cost savings on a random Tuesday in October. They do fear that you will leave them over a 10% change.
 
Tariffs and minimum wage are two different things. Minimum wage laws cut employment and end businesses but as long as soccerduck and buckyduck can insult some Maga its all good
What would Jesus say
 
Taxes, regulations and wage laws are unavoidable things for business. Tariffs are a choice.
 
GTFOH Bob. If you think giants like Amazon and Walmart haven’t flexed their muscle and negotiated the best deal on Supply Chain yet.

I’m beginning to think there is no company you own and you read this on an Apple News article again.
 
Ive been down the tariff road before from both perspectives. We import WIP’s from Korea and finish them in the US and then send them all over the world. Margins are better for US customers than in Europe where we pay for the tariffs in order to participate in their market. It’s just how it works. I agree the textbooks don’t think it happens that way.
 
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