John Kurtus 
Member since Apr 20, 2016


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Re: “Raised: Local Economists Talk California's Minimum Wage Increase

Chairman Hackett says some interesting and contradictory things. He supports the statewide increase but realizes that some workers will either lose their jobs or not get a job in the first place. The displacement and barrier to entry for workers is exactly what most economists have seen happen every time the minimum wage is increased.

It's sad really that so many of the mom and pops will have to play the role of hard-hearted businessmen all because politicians want to get reelected.

Why hasn't anyone asked the question of why the minimum wage is being increased incrementally? The answer should be obvious to even state university professors: the shock of a 50% increase in wages would immediately turn out employees and prevent others from getting employment. So why do you think small increases won't do the same thing, but over a longer period of time?

1 like, 0 dislikes
Posted by John Kurtus on 04/20/2016 at 1:21 PM

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