Read the full story here Web Link posted Tuesday, January 16, 2024, 9:34 AM
Town Square
Newsom OK'd a minimum wage increase for health care workers. Now he wants to delay it
Original post made on Jan 16, 2024
Read the full story here Web Link posted Tuesday, January 16, 2024, 9:34 AM
Comments (2)
Posted by Dan Waylonis
a resident of Jackson Park
on Jan 16, 2024 at 2:25 pm
Dan Waylonis is a registered user.
a resident of Jackson Park
on Jan 16, 2024 at 2:25 pm
Dan Waylonis is a registered user.
Weird. It's as though he realizes that artificial pressures on the minimum wage have costly repercussions throughout all of society. Perhaps he'll also learn that the best approach is to let the market accurately price the value of goods and labor. As history as shown over and over again.
Posted by Steven Nelson
a resident of Cuesta Park
on Jan 16, 2024 at 3:59 pm
Steven Nelson is a registered user.
a resident of Cuesta Park
on Jan 16, 2024 at 3:59 pm
Steven Nelson is a registered user.
Yep Dan. History has shown over and over / those with monopoly power, in a market system / evolve to exploit the market for their own private benefit - without regard for promoting "the general Welfare."* Hence - some worker unions, one Fed. Affordable Care Act etc.
A pause may make sense / at least in balancing the CA state budget this year.
* part of preamble to the USA Constitution [that's One Long Sentence!]
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