they know not to bite the hand that feeds them. you understand? no retiree is going to go up in arms ; regardless of what the younger generations want to do. once that buffer of retirees is gone. its all gonna come crashing down. why? because there will be a gap of about 5 or 6 years where there are no new retirees . in that gap is where all hell will break loose.
I have'nt been able to afford eating out for a long time. I can feed myself for two days on what one takeout meal costs these days. And as others have said, the takeout food quality is low these days.
I also stopped eating out. It makes no economic sense. Back a few years ago, I would take the family out for a nice dinner on weekends, as a ¨reward¨ for all the hard work we all did. Nowadays it cost more than $100 for a nice family meal, food quality went down, service quality went down... now my wife and I just take turns and learn new recipies for the weekend. A nice homemade lasagna with sides, salad, and a bottle of wine cost us around $50 to make (and better quality ingredients), and we still have leftover for the next day.
Yes, it's alarming. Many people are struggling to find work. I hope there's a solution soon to provide financial planning services to help individuals manage their finances during unemployment and plan for the future.
Diversification, guidance from a financial advisor, and a calm approach during market turbulence have propelled me to achieve my most significant financial milestone of $500k through strategic investments. Smart planning and expert advice have made a substantial difference in my investment journey.
Diversification, guidance from a financial expert, and a calm approach during market turbulence have propelled me to achieve my most significant financial milestone of $500k through strategic investments. Smart planning and expert advice have made a substantial difference in my investment journey.
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I'm convinced if you see a bunch of women coming together to pass something it's usually a bad idea. Women are like children and don't think about the consequences of their actions.
With AI slowly taking over jobs in fast-food restaurants, these morons celebrating can kiss goodbye their "dream" of becoming millionaires by working at McDonalds.
As someone else commented on another video: minimum wage laws are working exactly as intended. It creates a class of voters completely dependent on their political leaders.
@@djm5687 and the price of everything goes up too, like they really think this magic trick will lift the entire lower class out of poverty into a new type of middle class? Nah, they need millions of people on the bottom for a reason, and they can just determine both the floor and the ceiling since they print the infinite money
@@djm5687 If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@@riakriak7270 You need to look harder *like I did!* Take on a 2nd job, if possible, and *save and invest* as much money as possible. Look for jobs where advancement is possible. Even if you have a full-time job (40+ hours), you *still have plenty of time to look for higher paying jobs.* In answer to your question "How do we help these people?": You *_allow them to help themselves._* If necessary, government could introduce training programs, rather than spending money on abortions, foreign aid, aid for illegals, etc.
Fooled me. Not about the people who elect certain politicians. That's no surprise. The part about politicians understanding how economics (or even business) works; especially since many, if not most of them are lawyers. Hell, one of them is a former bartender who actually (purportedly) minored in economics. You'd think that of all of them, she at least one have at minimum a general sense of how business works.
@44 You make a great argument, I could go into detail but I’ll start with the basics. Ppl by nature want what others have and more, is it unfair, absolutely, does it also fuel innovation, absolutely. I’ll make a great example of why we need social classes with regards to income. I grew up poor, violent household etc. lived in a car basically at 15. I worked 2 FT jobs, paid MY OWN COLLEGE and I currently own 3 businesses. During my teen up until last year, I worked a minimum of 80 a week. Through my hard work and dedication I make over $300k a year. I have employees I pay well etc. Next year I’ll semi retire and still make over $200k a year. The reason I worked my ass off was because as a MAN, it’s my responsibility to protect and provide for my family. Did I give up a lot, absolutely, do I wish I didn’t do it, not once. The moral is, ppl will be ppl, expecting to limit one’s work ethic and think those who risked it all should not be rewarded is not logical or rational thinking. Someone has to but those Rolls and Bentleys or they go out of business and more unemployed in the workforce. Someone has to buy the Gucci, LV etc. I’m not saying it’s right, I’m saying it’s impossible to have the whole pie, you gotta share and the person who tends to risk it all gets the biggest slice. No different than if you and someone else is working and at review time you never missed a day but your coworkers did every week, I’d assume you would be pissed if they got a big raise and you didn’t. It’s unfair but remember, never bite the hand that feeds you.
You're exactly right. The people DO need higher wages. It's a cost of living issue. But it's also ILLEGAL for public companies to give their shareholders less money. The problem goes deeper than the average person can easily see at a glance. The simplest solution isn't always the correct one, in this case, simply raising wages. We need deeply intelligent people working behind the scenes to lower the cost of living for the poor. If the government didn't intervene in basic grocery stores to control prices, shareholders could sue them out of business because the poor can't sustain constant growth. Just like they can't sustain constant growth in the housing market. The poor also need to learn their place and stop living above their means.
Even the so-called economists in the democrat party don't have a clue about how the economy works. Think Robert Reich. Listen to one of his presentations on the economy. It doesn't take a vast knowledge of economics to know that he doesn't know what he's talking about, and he's the former Secretary of Labor.
A century ago the workers at factories near here were unionized, went on strike, succeeded in making the business close down. Everyone lost their jobs and the business owner's son grew up to be a union busting lawyer.
@@iamscoutstfu Perhaps, you'd prefer these workers who are trying to make ends meet, paid their employers for the privilege of working for them? Yes, you just keep supporting these poor, poor companies and their propaganda every chance you get.
@@dnzswithwombatsI think people like you should do all these poor, poor companies a BIG favour, put your money where your mouth is and work 40 hours a week for, say, $10/hr. That way you can directly save all these poor, poor companies.
California is ALWAYS a perfect example of what not to do. (The only exception is drink deposits, which cut littering and encourage the homeless to earn money at almost no cost to the state.)
In all recorded history there is one truth which has zero exceptions. The larger and more powerful any government, the more destructive and in the case of the federal government the more deadly they always become. That is why the Founders did their best to create LIMITED government and even gave us the tool, the 2nd Amendment, to use if their efforts failed.
@@mikewurlitzer5217 ..that’s all NPC.. You guys whine bout big gubmint, but what you really want is your own to force onto everyone else.. It’s your pet capitalism that needs so much laws and regulations due to its corrupt nature to begin with.
I worked 15 dollars an hour acouple of years ago. It wasn't enough for me, so I saved 5k , went to cdl school, got my cdl and paid myself back the 5k in 2 months, and now I'm making 30 an hour, and I just got my hazmat and tankers to make even more money lol
@@bruceblackwell2205 These disillusioned people display the level of ignorance in America today, and this so-called "administration" is taking full advantage of it too.
A wise economist had this to say on this topic: “Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount-and, if it is not, that worker is unlikely to be employed.” - Thomas Sowell The real reason these politicians and activists do this is to show how much the care. But, in reality they care about themselves and not the people impacted.
@@ralphrugan5985 Just what makes you think those jobs were fake? Granted, they weren't high paying, but where else are young people going to gain experiance and develop?
i mean it makes sense when you're not taught about unintended consequences. when all you're told about minimum wage hikes is "Oh, it's a law that boosts my pay at my job? sign me up!" and not "Oh wait, if they boost the minimum wage, then companies are gonna opt for more cost effective labour to offset the hike", you don't really care about what naysayers are saying
😒I thought that inflation was due to the war in Ukraine, Stimulus checks, covid, greedy land lords, banks, profits 1st... So... inflation will go away and create more jobs if we have no pay rise? I Don't think so.
And the ones that do still have jobs, still can't get orders right. Fast food workers may as well be politicians. They're the only other group that I've seen fail upwards and get rewarded for it.
If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@@riakriak7270 First of all, *do not go to college.* It's a waste of time and money. You want to get a good job? Go to a trade school, learn aircraft mechanics. Graduate to a job pulling 6 figures.
@@riakriak7270 _"If raising the minimum wage doesn't work, what should we do instead?"_ It is interesting how many young socialists point to Nordic countries as examples of "Successful Socialism," even though they are not. Then they ignore how those same Nordic countries do not have any minimum wage and are doing just fine. The Real Minimum Wage is Zero.
When I was in High School, everybody's first job was McDonalds, Dairy Queen, or some other fast food place. Other than the manager all the employees were teenagers.
Those days are long gone. Teenagers can't work certain shifts, which tend to be the busiest. If you also look at the demographic numbers, there are literally not enough born either to cover all the necessary locations. Not to mention that they are having trouble competing with other industries that pay better.
Californian, born and raised. I can tell you that in the last 35 years the prices have gone up, quality and quantity of food has decreased, service has decreased, entitlement is everywhere and no willingness to be better. No one wants to work nowadays. We give California half of our paycheck for taxes and yet everyone is still struggling. There’s so many angry, unhappy, and disgusting people here now. Everyone’s true colors have been coming out since Covid. Depression, anxiety, and suicide has increased tremendously.
because only 1.8% of California fast food workers lost their jobs while 2.7% of the Californian civilian labour force just got a rise or in other words over half a million people got a rise while 10k lost their jobs primarily the young. also you are watching the mainstream media hes an ex fox news reporter known for things like claiming there being no proof second hand smoke is harmful and distorting facts to suit is views, suing fact checkers for fact checking his claims and getting the case dismissed.
@@sirlinkthefourth6755 Where are you getting these statistics from? The article I read says that about 500,000 fast food workers are keeping their jobs, so 10,000 jobs lost would be closer to 17%.
@@sirlinkthefourth6755So 1.8% of fast food workers lost their jobs but 2.7% of all the civilian labor force got a pay raise? How about sticking to one specific demographic. You can’t compare apples to oranges no matter how much you try to extrapolate the data. As for Stossel working for Fox means nothing. A good reporter or journalist should be unbiased and able to work effectively for ABC, CBS, Fox, CNN, etc. the second hand smoke trope was back in the 80’s. Maybe we have learned a little bit more medically since that time and forty years from now we will have a clearer picture of mandatory wages in our present time. There is no consolation prize for losing a job due to political policy.
What is point of working if you wages constantly devalued cuz money supply keeps increasing with every loan, all credit card, QE, Zirp or whatever financial gimmick they come up with?
@@peanutsarecheap1997 She needs to learn the skills to get good jobs and not have to worry about minimum wage anymore. Entry level jobs were never meant to be a career, and certainly not meant to get a high minimum wage.
Good on you, jai jai! And how about you put your money where your mouth is and work for, say, $7.50/hr for the rest of your life so you can TRULY show your support for these poor, poor companies, h'mmm?
What people aren't talking about are the people who made double the minimum wage who didn't see a raise in income and now their jobs have become the "new" minimum wage job. Like in my state, $24/hrs was a decent wage 4 years ago, but now people in fast food restaurants get that and the people who earned that years ago are still making that amount.
Same here in pa...theirs talk of 15- 20 / hrs fir minimum wage increase...but what about the people that have been working there for 5-10 or more years that are only making a couple dollars more or better yet thst are full time and making less than the minimum wage...its ridiculous...
My dad's cousin, who visited from San Francisco, once told me California was truly the land of fruits and nuts. This was the early 1980s and it wasn't as evident. As the years have passed, though...
@@theworldendingzxz Yeah, it's not like robots don't have bills to pay too!!! How dare a company not have the right to replace a person w a cheaper robot!!! Thank you Gavin Newsom and his Aunt, Nancy Pelosi!!!🌹
Dear lost, Pay raises for the average American are always available. American simply needs to be trained in a lucrative field and find a job that’s an actual career. Fast food jobs are temporary although management has historically paid well Fast food jobs in most cases are meant to be a steppingstone for an individual to begin their lives And then move on If every job was high, paying the economy will be flipped upside down Your statement makes it seem as though low paid workers are being held down, which is a lie low paid workers need to get trained and move to higher paying jobs The worker must change themselves for higher pay. The jobs should not pay out of political nonsense.
Glad somebody finally sees the facts. Higher minimum wage guarantees the skilled tradesmen make less and minimum wage jobs get deleted. How many cashiers work at 5 Below, Target, Walmart, Kroger, etc? About 1 got to stay of 15 canned for self checkout.
Why should they, they are in a popularity contest. The people who should know ecomonics are the voters as they are the ones that have to live with the results of the politicians actions.
when retired worker is gone and young people refuse to work. what happens next? look at whats happening in china with the unemployment and the youth refusal to work entirely. yeah; good economy. pfft. yeah right. china is beyond help now.
Retired people will go to work, not call in sick, and do a good job!!! Young people will play on their phones and say "Not my job" when told to do something...
@@johnjay6370 not true.... LMAO!! retired people cannot move as fast... back in their days..while working they only had to work a single job. They never had to work 5 to 8 jobs in a single job and get only one small pay that they cannot afford to pay rent on.
@@bebdaumon3948hahaha, you really believe that retired people never had to multi-task at their jobs? Really? Can your understanding of the past really be that limited?
Feels like that's more in the realm of corporate class consolidation of revenue at the expense of the lower level employees and customer base then anything else... also known as inshitification.... remember when poor people had money in the pandemic the economy boomed and fast food rose the fastest because it was allowed to stay open....
Yep, that's the type of "blackmail" these companies will stoop to to achieve even higher profits at the expense of the workers. If companies like Walmart had their way they'd charge you and me for the privilege of working for them.
@@747faThey're *employees,* not "workers". How much of a profit should companies be "allowed" to make, in your opinion? Finally, competition (other businesses) helps employees. Employees *are always free to seek other higher paying jobs.* A free market makes minimum wage laws unnecessary. Look at Sweden, Norway, etc.
And yet, the big cities in commiefornia keep voting him in... EVEN WHEN he was recalled, TWICE, they voted to keep him in... then again, I personally think he got his votes the same way biden did.
Companies laying off people - We Did This!!! Companies raising prices on items - We Did This!!! Kids not able to get entry jobs - We Did This!!! Entry level job growth, stalled - We Did This!!! 😑
@@classreductionist Using government and/or abusing law to affect wage rates is NOT Capitalism but SOCIALISM. In capitalism all transactions are negotiated by the two affected parties at arms length NOT via unions or law ie so that the price of any good or service in that free market will reach its on natural equilibrium. Government or Union intervention on the price of labour ie wages is bound to affect the demand just as raising the price of anything (except for griffin/luxury goods) will decrease the demand - its basic human nature which socialists don't understand.
Back in the 1970's, Proctor and Gamble built an automation factory for making Pringle chips. The people in Jackson TN were mad. They wanted the factory jobs. The Pringle plant made more jobs, not less. It made higher paying jobs, engineering, electricians, welders, computer programmers, forklift drivers, etc. In the long run it was better for the community.
You said exactly what I was going to say. Politicians making these policies know what the outcome will be. It's done on purpose. I get angry at how willingly ignorant people are becoming to the point they're easily swayed and manipulated to the point they cheer on their own demise. Lemmings.
I’ve been saying this for at least 5 years. The minimum wage hike was to accelerate robotics. Not to pay people more. It is hard for people to comprehend this. But once you realize the government’s job is to make you poor then it is easy to understand
Have you seen "robots" cleaning dirty, filthy toilets properly? Have you seen robots making beds? These tasks will prove MOST interesting seeing as how your robots are going to move in and take jobs so soon.
I remember when the minimum wage increased at my job. There was another effect that happened too: When the minimum wage increase happened, it did raise everyones wage up to that new standard. However, that also meant that a person who was just hired is now earning the same amount as someone who was there for 5 years. They did not keep their raises they earned over time, their senority raises, etc. There was basically no point in working there for a length of time because your earning the same amount as someone who just started
Remember her words, "We did this." Those words will cost thousands, maybe millions of people, their jobs, and they will continue raising those prices not caring about the repurcussions.
That's the problem she has never thought about other people she's only thinking about herself. Selfishness and self-centeredness is part of the reason this country is getting destroyed.
@@shortsign The bosses control all the factors of production except for union labor. They control the government, the banks, the money printing and the prices of housing, electricity, food and water. Naturally its stacked against us.
Politicians screw up everything they touch. Most are lawyers and they can't even do that, thus, they go into government. They know nothing about business, insurance, guns, you name it.
That is why we need less Government in our lives. The constitution was created to protect us from the Government, its why they are trying to whittle away at it.
I love how they think their position gives them immeasurable knowledge about EVERYTHING! I'm tired of them playing doctor and telling actual doctors what medications can be prescribed, in what amounts and to whom. (Basically only they truly get what they need while the rest of us just have to hope we can)
California also spent $750 million to build 1200 tiny homes for the homeless a year ago. No houses have been built yet. In Texas, tiny homes only cost $60 million to build the same 1200 homes.
I wouldn't be shocked to hear that California one day has no idea where that $750 mil. went. Meanwhile, Newsom the snake keeps dragging California further down the toilet.
That's what happens when you're a brainwashed fool who relies on their utterly *worthless* feelings. It's also what happens when they're allowed to have a say in anything.
You want to talk welfare? Billionaires are the biggest recipients of government welfare. Tax cuts, tax breaks, and maybe even a new stadium or two built by taxpayers.
These 'entry-level' jobs were never meant to support a family. They were supposed to be part time jobs for high school & college students. If you do the 'entry level' job for 20 years.. that's your fault. You're supposed to take on more responsibility and get promotions...more money.
@bixbysnyder-00 Not billionaires, corporations. Just like bloated labor unions that use their weight to force politicians to give them what they want so to can bloated corporations. What's your solution?
It's not that the politicians don't know the negative effects of raising the minimum wage, they raise it because it is popular with voters. It makes it look like they are helping the little guy, when they are actually hurting them.
Yes. Better we keep those pleb workers down and working for say, $10/, er no, that's STILL too generous. Let's make sure they only get $5/hr. That way, economically, no companies or businesses will go bust and their CEO's etc., will get even BIGGER payouts! Brilliant, sonny, just brilliant!
@@747faYour comment makes the assumption that there is "only one giant company that controls all the jobs". Employees are always free to look for higher paying jobs elsewhere. Small businesses are a great way to support employees who want to aquire skills and higher wages.
@@747fa You truly proved how economically illiterate you are. If it actually worked in the manner that you are implying, then how does anyone make more than minimum wage? If all companies just pay the "pleb workers" the minimum, nobody could possibly make more than minimum wage. People get paid based upon the value that they add. Who would it benefit for government to cause companies to go out of business? Would the employees who lost their jobs be better off? Would other businesses and their workers be better off from the lost sales that are caused by the first company going out of business? When the minimum wage goes up, it causes price increases, so those big companies can just raise their prices and they can make the same amount that they did before after adjusting for the minimum wage induced inflation. Beyond that, companies start taking away perks, only give the minimum pay increase required, cut hours and cut job. Minimum wage increases also squeeze the people making more than minimum wage because they never get the full minimum wage increase, which would still be a pay cut because they make less than the percentage of minimum wage than they did before. For example, if minimum wage is $10 and it goes up to $11, that is a 10% increase. Someone making $15 an hour would be luck to get the $1 raise, but they would actually need a raise of $1.50 to keep their wages 50% above minimum wage.
.3% of companies create 1/3 of the jobs. There is an illusion of choice that you can just "get a job elsewhere," when these companies have monopolized the market and government influence.
"We did this!" Meanwhile she's somehow completely clueless to the fact, that 20.00 an hour hasn't been a livable wage in California for 10 years now. 😂
@@AJ-ib4oy ....no, when you raise miminum wage, you put everyone deeper into a hole. And you, if anything, hurt people more. If you want more money, go earn it. Be a productive member to yourself, and learn, pay if you have to, to get yourself the proper training that you need.
DC increased their minimum wage for wait staff jobs. Now they can't find people to do the jobs because food service is the most price sensitive and the restaurants knew that and they were encouraged to not change their menu prices ... so they didn't, but when the hourly went to 15 the restaurants added a 10 to 20 percent surcharge for "labor" to every bill which predictably destroyed tips. Waitstaff went from making effectively 22 an hour to getting the "new and better" 15 an hour. So they left, and went to Virginia where the minimum wage was lower and they could make more.
That's actually probably the smartest thing to do as a business owner in this environment. Stop hiding the labor costs and break it out as a separate item. Let people immediately see the increased labor costs instead of abstracting it away.
@@noname-gp6hk Sure, but it also directly results in your staff losing all of their tips and probably makes the restaurant still lose customers. It would probably be better if they put on their menu that because of the minimum wage change they had to post new prices on their menu rather than hitting customers with it on the check.
Same reason why people who have never been workers make laws for people who are workers. Do you really think any of the big tech company leaders, ie.. the most successful and predatory businesses in the world... should be a politician?
Can someone go back and interview homegirl who said 'we did this!' How does she feel now when she lost her job when the restaurant went out of business??!!! The stupidity is out of this world!!!
*Looking for ways to earn money daily is sometimes frustrating and is a pain in the ass, I couldn’t really keep it up, it’s exhausting 😔 job hunting is something that drains your physical and mental wellbeing, hoping to get response from people who got themselves employees already but still keeping your hopes high*
Thinking of how difficult it is to get a job, I think it’s time people start investing and earning their own money, the heartache from job hunt is quite unbearable, I for one would prefer investment than getting myself worked up on seeking a job
World capitalism became Imperialism capitalism's its highest stage with world war one. Now America the last Imperialist Empire is following all the European and Japanese Empires into decline.
Every time they give out subsidies, it just increases the total cost. Politicians very often ignore any logic when passing laws. Same as when they print money. They don't care or understand the consequences.
....fast food isn't a luxury. It's literally food drugs. Do you know how much msg McDonald's outs into their food, it's an addictive chemical like drugs, that's why people keep coming back
"Living wage". They like that term they seem to believe that everything stays the same and there are no responses to artificial meddling by politicians. There are plenty. Good report.
The middle class is the biggest loser in all of this which I think is the point. The lower class get bumps to make up for the price increases, the rich get the spoils from the price increases, the middle class in the middle fork over the cost of price increases but then are told sorry we had to pay our minimum workers more so no cost of living raise this year.
That's not how economics works. You obviously didn't pay attention to the video. When you increase minimum wage, you devalue those employees and middle class spending power. Because prices will be increased. However, fast food employees hours will be cut because guess what? The middle class will just eat out LESS. Which will hurt demand for fast food and the franchise owners bottom line. Making that minimum wage bump, not helpful at all. If everyone stops eating out, which is happening. Fast food will have to lower prices and continue to CUT people hours.
@@Slick1020It wouldnt result in cut hours at all, because the business still needs to operate at those hours. What it will do is result in cutting staff and a crappier end product.
Businesses aren't going tell their stockholders that they are going to lose money, they will pass that on to the consumer. And it will come out in other ways, reducing benefits, vacation time, etc. They aren't in business to lose money
Here in Massachusetts it's super high as well. The costs of this has hurt all business here...cost of living here is absurd. Me and my family sold our home and are heading to a red state..eff this
So if someone is making 30 an hour and minimum is 7.25 but minimum is raised to 15 then it will totally undermine the 30 an hour worker which is another major aspect of this life destroying minimum wage
It's called wage compression and it's awful. I remember when my state went to a $15/hr minimum wage from $10.65/hr and it trashed employee morale in lower paid industries. Why go through all the stress of manufacturing or administrative work if some burger flipper is getting about as much as you? I remember clawing my way out of $10.65/hr to my first job that paid $20/hr prior to the change and it pissed me off. I didn't get a commensurate raise yet their work is suddenly worth more. In the end the usual song and dance happened, marginal businesses shut down, prices went up, and suddenly the kids were unemployed. I know a minimum wage job isn't exactly livable, it isn't supposed to be.
They know exactly what they’re doing they’re trying to creep massive unemployment which results in dependency that’s what the Democrats are all about the marxists Democrats are marks it’s only one in control independency feet they look like they’re trying to help you but you’re not
Mr newsome we thank you for $20 raise, now we're unemployed now we can get unemployment benefits and don't have to work because nobody's going to hire us.
Your question makes no sense. Fast food jobs are starter jobs for teens/young ppl to gain experience and a bit of money, part-time jobs for ppl who are in uni or need to pick up extra shifts to make ends meet, they are not intended for ppl to spend their entire lives unless the end goal is to make it to some top managerial position or own a franchise. So the college kids work til they're done with their degree, move on to their actual career, then someone else takes the spot and the cycle repeats.
I was in California a few days ago...My fast food costs were $31.00 for two people. These politician willfully disregard basic business operations. I'm glad I don't live there anymore.
@@moa3008 dude just a regular burger and fries can cost over 12$. even at the cheapass diner in the smaller town where i live the western burger is still 11.99 and its still the cheapest option in the area. seriously you under estimate how bad california prices are.
Unintended consequences, in Romania they have raised the minimum wage even if they have been warned that we don't have the capacity to absorb the displaced workers. As a result the textile industry was killed and all the seemstresses have been unemployed, as they didn't found other job in the country they have been forced to accept caretaker jobs in Italy, Spain, France and UK,the kids have been taken with them but they have had huge adjustments issues or they have been left with the grandparents and raised unruly. Unintended consequences: huge number of divorces and the new generation with big behavioural issues.
Flipping burgers should NOT be getting $20 bucks an hour!! There’s people that work in the FIELDS and are Considered SPECIALIST in the job they do and only get $15 !! That’s just ridiculous!!
@@juliemorgan4937naw u got grown ass ppl flipping burgers...and if that's the case why pay young ppl 20 bucks if they just there to get experience in the work force
Here in San Antonio I make $15 an hr as a patient care assistant at a hospital after 3 yrs and our cap is $17. Bill Miller's employees start at $12 just to cook bbq..In N Out start employees at $15 something up to $18😑 Took me 3 yrs in healthcare field to make what a fry cook and burger maker to start out with. There's no incentive to work hard anymore when you cam doa basic job and make more than a skilled one and that's the real problem. $20 an hr for a McDonald's working making the same as a Surgical technician or LVN here is fcuking crazy. Nurses fresh out of school start out around 21 to 23 an hr🥴 so its like what's easier, going to school for 4 yrs and getting into debt for your job or being a high school student or having a diploma and making the same. We see where this generations entitlement and low drive to do better comes from
@@kimobrien. It's the central bankers who control the government and the two parties ... and the big businesses, the educational system, the news media, the entertainment industry ... pretty much everything. When you can print money out of nothing, what do you? You buy everything ... and so they have.
@@747fayes they lay-off everyone except the toilet cleaner, manager and assistant manager. So you go from 5-7 employees to 3. And now the owner makes more money per store while reducing total overhead by cutting jobs.
@@747faWhy do you assume that cleaning toilets, making beds, and repairing cars are the *_only_* jobs out there? Remember that this video pointed out that California's $20/hr law applies only to "fast food" (Panera Bread was exempt). By the way, self-cleaning toilets exist. There *are* robotic bed makers out there. Also, cars are more computerized than ever, making mechanics less necessary.
Sadly, the fact that they are working minimum wage jobs also means they are highly likely to not understand basic economic principles. Funny and sad to see them cheering their own job loss. Same thing happened here in Florida when they voted for a big minimum wage increase to $15. Almost overnight, TONS of people were fired and almost all checkout lanes were converted to self-checkout at all the big stores, many have 100% self-checkout. Most stores are ghost towns devoid of employees. It's impossible to find someone to help you if you need it.
We are about a decade from fast food restaurants being turned into giant vending machines. Small businesses can't afford to automate away jobs and that is the real point, destroying small businesses that compete with international corporations. What we really need, other than a movement of common sense is a free enterprise movement in this country. The industrial age is over. It's automated away and the trope of getting an diploma or four and finding a job needs to die with the millennials. Selling yourself into wage slavery is not for Gen Z. Stop looking for a job and start looking for work.
>> Small businesses can't afford to automate That is nonsense. Just like every small business can use other machines, those aren't different. The fairy tale of "robots will replace us" is just that - a fairy tale. Meanwhile, even cheese in supermarket is sliced by human.
50 years ago my 1st. job wage was $1 an hour, pumping gas, before that I worked on farms, REAL hard work. Today, does anyone on the left really understand how BAD runaway inflation really is ? FJB.
that dollar would be worth 13 today and you worked a job a monkey could do and in 50 years until today the wage only went up 2 dollars an hour while the price of a home has gone up over 70%
yup my first job out of highschool in 2000 was $7 and some change, I was able to rent an apartment pay a car note all my food/utilities and attend trade school. No it was not easy but it was doable, and when I got a raise of .90 cent it really helped out. There are pizza places where im at playing $20 an hour, apparently that is no enough to do what I did 23 years ago on $7, runaway inflation makes sure poor and middle class stay that way or get worst.
@@sirlinkthefourth6755 in 2000 out of highschool I was making $7 and was able to rent an apartment pay a car note and attend trade school. Now people struggle in the same area with $20 an hour, anyway you cant really say what that $7 from 24 years ago is worth today based on official inflation as the math was changed many decades ago for inflation. Based on standard of living one can only guess I would guess it worth $25 with real buying power into account.
Sorry, pal, but blame for the rampant inflation rests squarely on DJT. Who insisted on huge tax cuts for corporations which resulted in stock buybacks that juiced the market? DJT. Who bullied the Fed into lowering interest rates at a time when they should have been raising them to cool the economy off? DJT. Who signed off on the COVID stimulus checks? DJT. Who botched the COVID response? DJT. So, I'm pretty sure you meant FDT.
100 years ago i bought three houses with my part-time summer job pressing elevator button as an elevator boy with no training. i was also the sole provider for my family of 5 with that part-time entry job. kids these days just don't understand hard work.
California redemption value has been around since 1987 to promote recycling. Yes Newsome is terrible but this redemption plan has been around long before him
Many states have this, it is deposit on each bottle and can, and it is up to you to keep all your empties, and drive 30 miles to the redemption center, just to get your own money back.
Seems like a reasonable idea, but the problem with this policy is people don't want to just put their cans out for the recycling truck because they are worth too much to "give away". People go around at night and steal cans from the curb because its actually worth it. So everyone is forced to drive (as in waste gasoline and time) to bring them to recycling themselves. Do the math on 20 million cars in CA using 1 gallon of gas every month, 12 times a year, just to recycle their cans themselves. Now add in the fact that most of these facilities are really busy, and they have pretty limited hours, so you likely will have to wait in a small line or sometimes they are not open when they say they are (which seemed to happen alot) or they are just FULL and don't accept any more. So you have to come back again......
Michigan has had a 10 cent deposit on can ever since I was born 44 years ago. We can take ours can back to any supermarket and get the deposit back. If I had to drive 30 miles to a recycling center then that would be unreasonable. It doesn’t really help climate change either does it?
@@ifmbm332btrue. And in the end, it is the state that makes out like fat rats. NY did analysis of their 5 cent bottle deposit several years ago. The state was make several million dollars a year in the tax because people were not claiming their deposits back. Here in TN, we don't have that tax, and our recycling of aluminum is brisk. Why? Because the scrap yards pay you to bring it them. Many here recycle their aluminum because it pays well. We also have folks that will come collect any metal scrap that you have for free. You don't make any money on it, but they do, and it keeps stuff out of the landfill.
So they raise the minimum, and then you have people in thier jobs for 10 years, and people get hired off the street at the same wage as the 10 year person . Companies will not compensate 😮
Exactly, back in the 80s the minimum wage jumped 50 cents. I was a production lead at the fast food in a little town. All of a sudden the new kids got the same wage I was - after I had been there 4 years and had the door keys and safe combo. 😐
@@davianoinglesias5030 I'm not sure what the solution is. To start, the shareholders of the. MegaCorporations need to take a hard look at the compensation package the C-suite gets. I have no problem with a CEO getting a million dollars worth of stock options, I do object to that CEO getting a million dollar salary while all the people that do the work get paid just above minimum wage. But that is not something the government should ever poke their noses into. Or maybe they should, instead of raising minimum wage - pass a law the no one who works in a company can make x amount over the minimum 🤔 Food for thought.
Decades ago, when the entity I work for formed a union, it became quite clear to me that as a rule of thumb, find the laziest most incompetent workers within a workplace, and those are the people that are the backbone of the Union.
I just wanted my wages to keep up with productivity... I didn't want my extra hard work and efficiency to go to shareholders... In Australia, wages have remained pretty much stagnant for 15 years. Productivity has gone up for 15 years. Now they are saying inflation will only go down if productivity goes up... Why should workers lift productivity if their hard work doesn't come back to them?
My brother worked at a Taco Bell in his youth, and the same day the state minimum wage went up, he had to raise the prices on the menu. The customers complained, asking why they had to pay for it and not Taco Bell. It's amazing how many people do not understand that the only money a business has is what it gets from customers.
Let me correct you about your last point... a business won't let a wage increase for workers effect it's profit, they'll force the effect on to it's customers before the wage increase takes effect, that way it doesn't hurt their profit... Then again, how much profit do you think a mcdonalds in new zealand makes since they pay their employees NZ$22.13/hr. (I only ask because you know a business won't be in business long if they don't make a profit), yet their big mac combo (or meal if you want say it like in the U.S.) costs different depending on where you are there (just like the U.S.), but it's roughly NZ$15, then again, I'm pretty sure they have some government regulation(s) we don't have here in the U.S. (about corporations graping the people for profit)
@@MrEli768 It's even more simple than that . . . businesses only receive revenue from customers. The customers always pay for any increase in costs, regardless of the profit margin the business seeks to maintain. My point is to illustrate the misconception many have about the money that a business holds. Yes, businesses can get investments or loans, but if the business is operating on either, it's either failing or a Ponzi scheme.
It's cheaper and better to go to a casual restaurant compared to McDonalds. I know I'll be paying about $50 for two adults but the service is fine and the food isn't terrible. Still a once in a while treat, but it's a lot more enjoyable.
Prices will increase with or without minimum wage raises, how do you think corporations are making record high profits. They are colluding while you think it's a perfect competition market
I managed restaurants for YEARS and, even back when it was only a $15 minimum, I was saying there's ZERO PERCENT CHANCE this DOESN'T cause businesses to close, jobs to go away, etc. It's seriously not rocket science. So, when all this data came out recently, all I could say is "no shit".
Capitalism. The free market makes shitty businesses close. If paying someone below half a livable wage is the money transfer that keeps the business open, maybe it's time for the hand of the free market to act and get some businesses in there that know how to be profitable while not putting their workers on social welfare programs. Wealth transfers should not be going from the poor to the rich, like they continually have by fleecing workers to provide "shareholder value".
@@jokerES2 ahh yes, it is "free market" when the government decides how much you need to pay your employees. piss off, there shouldnt be a min wage in the first place, as it doesnt help anybody and further increases the cost for everybody.
@@vanguard6937 If there wasn’t a minimum wage! Then these greedy corporations would pay the employees $.35 an hour!! Then they would rely 100% on Tips and the consumer would get screwed on paying nearly 100% of there salary instead of 75%! Then the companies would be Jealous of their employees and demand that they are not tipped anyway!? Then if you’re paid so little you might as well not work for a company at least!! It’s either collecting a check from the government or working for yourself!! If you’re doing either you’re not going to be spending any of your money at a company that didn’t pay you enough or fired you!! These companies are going to go out of business for not paying the employees enough! People are not going to go to fast food places to eat that they didn’t get paid or get paid very much at all at! Then they’re going to waste money on robotics and they’re still going out of business. But this time even faster!! 😂
@@jokerES2 What a joke. Equating small businesses with "shitty" ones is incredibly ignorant. Larger businesses can actually afford to deal with these government interventions, but that doesn't make them better. Free markets should be free.
Newsom is the slimiest politician ever and that's saying a lot.
You got that 100% right? Actually, he make slime look good!
Yet he's a presidential candidate
@@acupuncturekid Well, you see with the scum bags in this country voted for last time!
Incorrect. The slimiest of slime award goes to none other than Trumpty Dumbty, the most detestable thing on two legs and that's being nice.
He's related to Nancy Piglosi, what would you expect?
Yet, these people will still vote for the same party.
Dumping gas on a fire will put it out. They just didn't dump enough gas on it.
That's their logic
I don't think their vote really matters, the political system is corrupted to the core.
they know not to bite the hand that feeds them. you understand? no retiree is going to go up in arms ; regardless of what the younger generations want to do. once that buffer of retirees is gone. its all gonna come crashing down. why? because there will be a gap of about 5 or 6 years where there are no new retirees . in that gap is where all hell will break loose.
Purple hair, not knowing if they are m or f , do you really think these people are competent enough to vote?
You can’t educate the uneducated…
I just stop eating out. It's pointless to spend this much.
And it's always a disappointment.
Agreed, most women now days aren’t worth the time and cost.
I have'nt been able to afford eating out for a long time. I can feed myself for two days on what one takeout meal costs these days. And as others have said, the takeout food quality is low these days.
The minimum wage should be $22hr now.
I also stopped eating out. It makes no economic sense. Back a few years ago, I would take the family out for a nice dinner on weekends, as a ¨reward¨ for all the hard work we all did. Nowadays it cost more than $100 for a nice family meal, food quality went down, service quality went down... now my wife and I just take turns and learn new recipies for the weekend. A nice homemade lasagna with sides, salad, and a bottle of wine cost us around $50 to make (and better quality ingredients), and we still have leftover for the next day.
Have you heard about the unemployment applications surging recently? It's becoming a real concern.
Yes, it's alarming. Many people are struggling to find work. I hope there's a solution soon to provide financial planning services to help individuals manage their finances during unemployment and plan for the future.
Diversification, guidance from a financial advisor, and a calm approach during market turbulence have propelled me to achieve my most significant financial milestone of $500k through strategic investments. Smart planning and expert advice have made a substantial difference in my investment journey.
Diversification, guidance from a financial expert, and a calm approach during market turbulence have propelled me to achieve my most significant financial milestone of $500k through strategic investments. Smart planning and expert advice have made a substantial difference in my investment journey.
A diversified portfolio, support from a financial consultant, and a steady approach during market ups and downs helped me reach my $500k milestone through focused investments. Thoughtful planning and skilled guidance have been key. These elements have truly elevated my financial journey.
@@ThomasChai05Could you possibly recommend a CFA you've consulted with?
“Never underestimate the government’s ability to make matters worse.”
INFINITY minimum wage per hour, NOW!! 😁
Democrats government. This is all by design. They want California to be the rich man state. Not a state for everyone.
The scariest words “we’re from the government and we’re here to help.” - Ronald Regan
@@foxyladyoakit’s almost like the government wants to be God.
Fast food prices will go up. Idc I haven’t had fast food in 20 years.
"We did this, we did this!!!!" Good that that woman is taking responsibility. That way we know who to blame when jobs go away.
These people are too stupid to tie the cause and effect. They ill just blame "evil corporations."
Exactly!!! And when they do she’ll scream 🗣️RACISM
I'm convinced if you see a bunch of women coming together to pass something it's usually a bad idea. Women are like children and don't think about the consequences of their actions.
We can blame her all we want but in case you have yet to notice...every-time the left totally f&*ks things up they are NEVER held responsible....
With AI slowly taking over jobs in fast-food restaurants, these morons celebrating can kiss goodbye their "dream" of becoming millionaires by working at McDonalds.
As someone else commented on another video: minimum wage laws are working exactly as intended. It creates a class of voters completely dependent on their political leaders.
If you're making minimum wage, and the minimum wage goes up... *_you're still only making minimum wage!_*
@@djm5687 and the price of everything goes up too, like they really think this magic trick will lift the entire lower class out of poverty into a new type of middle class? Nah, they need millions of people on the bottom for a reason, and they can just determine both the floor and the ceiling since they print the infinite money
@@djm5687 If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@@riakriak7270 How about copy what Switzerland is doing?
@@riakriak7270 You need to look harder *like I did!* Take on a 2nd job, if possible, and *save and invest* as much money as possible. Look for jobs where advancement is possible. Even if you have a full-time job (40+ hours), you *still have plenty of time to look for higher paying jobs.* In answer to your question "How do we help these people?": You *_allow them to help themselves._* If necessary, government could introduce training programs, rather than spending money on abortions, foreign aid, aid for illegals, etc.
It's not the politicians who are idiots. They know perfectly well how economics works. It's the people electing them.
Fooled me. Not about the people who elect certain politicians. That's no surprise.
The part about politicians understanding how economics (or even business) works; especially since many, if not most of them are lawyers. Hell, one of them is a former bartender who actually (purportedly) minored in economics. You'd think that of all of them, she at least one have at minimum a general sense of how business works.
@44
You make a great argument, I could go into detail but I’ll start with the basics. Ppl by nature want what others have and more, is it unfair, absolutely, does it also fuel innovation, absolutely. I’ll make a great example of why we need social classes with regards to income. I grew up poor, violent household etc. lived in a car basically at 15. I worked 2 FT jobs, paid MY OWN COLLEGE and I currently own 3 businesses. During my teen up until last year, I worked a minimum of 80 a week. Through my hard work and dedication I make over $300k a year. I have employees I pay well etc. Next year I’ll semi retire and still make over $200k a year. The reason I worked my ass off was because as a MAN, it’s my responsibility to protect and provide for my family. Did I give up a lot, absolutely, do I wish I didn’t do it, not once. The moral is, ppl will be ppl, expecting to limit one’s work ethic and think those who risked it all should not be rewarded is not logical or rational thinking. Someone has to but those Rolls and Bentleys or they go out of business and more unemployed in the workforce. Someone has to buy the Gucci, LV etc. I’m not saying it’s right, I’m saying it’s impossible to have the whole pie, you gotta share and the person who tends to risk it all gets the biggest slice. No different than if you and someone else is working and at review time you never missed a day but your coworkers did every week, I’d assume you would be pissed if they got a big raise and you didn’t.
It’s unfair but remember, never bite the hand that feeds you.
You're exactly right. The people DO need higher wages. It's a cost of living issue. But it's also ILLEGAL for public companies to give their shareholders less money. The problem goes deeper than the average person can easily see at a glance. The simplest solution isn't always the correct one, in this case, simply raising wages. We need deeply intelligent people working behind the scenes to lower the cost of living for the poor. If the government didn't intervene in basic grocery stores to control prices, shareholders could sue them out of business because the poor can't sustain constant growth. Just like they can't sustain constant growth in the housing market. The poor also need to learn their place and stop living above their means.
Its called Ochlocracy
Even the so-called economists in the democrat party don't have a clue about how the economy works. Think Robert Reich. Listen to one of his presentations on the economy. It doesn't take a vast knowledge of economics to know that he doesn't know what he's talking about, and he's the former Secretary of Labor.
As the great Thomas Sowell says "the minimum wage is zero, which is what you will get when you lose your job"
A century ago the workers at factories near here were unionized, went on strike, succeeded in making the business close down. Everyone lost their jobs and the business owner's son grew up to be a union busting lawyer.
And? The minimum wage should be $22.00 an hour right now if it kept up with inflation and production. Stop quoting people that don't make any sense.
@@RealMTBAddict It doesn't make sense to you because you don't understand economics.
@@iamscoutstfu Perhaps, you'd prefer these workers who are trying to make ends meet, paid their employers for the privilege of working for them? Yes, you just keep supporting these poor, poor companies and their propaganda every chance you get.
@@dnzswithwombatsI think people like you should do all these poor, poor companies a BIG favour, put your money where your mouth is and work 40 hours a week for, say, $10/hr. That way you can directly save all these poor, poor companies.
The politicians aren't stupid, it's the people who vote for them that are.
I disagree they both are the people for voting and the politicians for their arrogance
"We lost 10,000 jobs! We did that!" Also all full time jobs are now part time jobs... Good job people...
Progressive policies are Best
But at least they got $20 an hour….
lol
Yeah, you Did that! Take a bow knowing you are an incompetent along with your simple uneducated mind
Minimum wage remains the same and we still end up losing 10,000 jobs.
@@skyranger1366 lol no…not exactly how it works.
California is a perfect example of what NOT TO DO!
California is ALWAYS a perfect example of what not to do. (The only exception is drink deposits, which cut littering and encourage the homeless to earn money at almost no cost to the state.)
Is CA worse than NYC ?
@@mikelarry2602 Probably, only because it’s larger.
Hello there how are you doing. Do you mind if I have a word with you?
He is the most evil Governor. He’s ruined so many lives.
The unfortunate truth is that Gavin Newsom will probably be elected President in 2028.
In all recorded history there is one truth which has zero exceptions. The larger and more powerful any government, the more destructive and in the case of the federal government the more deadly they always become. That is why the Founders did their best to create LIMITED government and even gave us the tool, the 2nd Amendment, to use if their efforts failed.
@@mikewurlitzer5217 ..that’s all NPC..
You guys whine bout big gubmint, but what you really want is your own to force onto everyone else..
It’s your pet capitalism that needs so much laws and regulations due to its corrupt nature to begin with.
Tiffany, I want to understand that, but I need to see examples, not just your claims..
@almaelizondo187 because businesses are moving out of California over it and the few staying are doing massive layoffs and price hikes
I love how the black woman said “We Did This!” You sure did and the robot and automation industry thanks you from the bottom of there hearts!
That was no black woman ....that was Uncle Ruckus in Drag....
A”PROUD BLACK WOMAN”…..🥳
Implying companies wouldnt replace workers if they were paid 10 an hour?
@@Xenozillex That depends. Can the robots do the job for a lower cost? For every employer the answer is different.
She doesn't care, she got her bag
Most of those politicians aren't worth $15/hour, either!
Yeah, why isn’t that a bill? Cap their pay, financial oversight committee for all state officials. That will clean up Ca real fast.
I worked 15 dollars an hour acouple of years ago. It wasn't enough for me, so I saved 5k , went to cdl school, got my cdl and paid myself back the 5k in 2 months, and now I'm making 30 an hour, and I just got my hazmat and tankers to make even more money lol
Most of those politicians aren't worth a wooden nickel.
@@brusso456 They are paid shills of the capitalist bosses.
I believe their value is negative.
*Remember what SHE said. "WE did this!"*
❤. You should have known if you're going to raise minimum wage the price of the product is going to be double of what it is now
@@bruceblackwell2205most of the union's leadership only got a GED. They never took economics class in high school
@@bruceblackwell2205
These disillusioned people display the level of ignorance in America today, and this so-called "administration" is taking full advantage of it too.
Yea, they sure did..😢
The result of bad parenting. Totally destroying the State and any future opportunity. So now the restaurants will belly up 😮
@bruceblackwell2205 she failed basic math
A wise economist had this to say on this topic:
“Unfortunately, the real minimum wage is always zero, regardless of the laws, and that is the wage that many workers receive in the wake of the creation or escalation of a government-mandated minimum wage, because they lose their jobs or fail to find jobs when they enter the labor force. Making it illegal to pay less than a given amount does not make a worker’s productivity worth that amount-and, if it is not, that worker is unlikely to be employed.” - Thomas Sowell
The real reason these politicians and activists do this is to show how much the care. But, in reality they care about themselves and not the people impacted.
Goodbye fake jobs lol. Boomers will have to make their own food now.
100%. It's just another opportunity for the leftys to virtue signal. That's what they love to do.
I think he also mentioned how wage increases only benefit people already in the labour market.
@@ralphrugan5985 Just what makes you think those jobs were fake? Granted, they weren't high paying, but where else are young people going to gain experiance and develop?
@@ralphrugan5985 What do you call a fake job? How is the job fake? WTF do you mean? Then you throw in some hating for people you don't know.
What I find baffling is how so so many people fall for this...
I know ! Minimum wage more than doubled in the last 2 years, did everyone else's ?
i mean it makes sense when you're not taught about unintended consequences. when all you're told about minimum wage hikes is "Oh, it's a law that boosts my pay at my job? sign me up!" and not "Oh wait, if they boost the minimum wage, then companies are gonna opt for more cost effective labour to offset the hike", you don't really care about what naysayers are saying
😒I thought that inflation was due to the war in Ukraine, Stimulus checks, covid, greedy land lords, banks, profits 1st...
So... inflation will go away and create more jobs if we have no pay rise? I Don't think so.
It seems like its usually women (not al) who fall for this stuff.
Because most these days have a lack of critical thinking skills.
Imagine waking up thinking you were going to get $20 per hour, driving to work elated, just to find out you are unemployed.
And then...go look for another job..but employers can't afford to hire because of the $20.00/hr.
IM LOVIN IT!
A lesson in basic economics
And the ones that do still have jobs, still can't get orders right. Fast food workers may as well be politicians. They're the only other group that I've seen fail upwards and get rewarded for it.
Thats actually happening
Those "activists" do more harm than the government.
Go back to the 19th century
They are organized by the government
Those "activists" are funded.
Yeah it’s TOTALLY on the people trying to survive out here and not these greedy corporations.
@@Dr.BatmanPhD what you don’t understand is that those activists are doing the politicians bidding, whether they realize it or not.
Easiest thing in the world is spending someone else's money on another and then taking credit for it.
Marxist democrats depend upon this tactic to attract the ignorant vote.
You got that right. Rep. Barbara Lee (Oakland, CA - surprise) wants the Federal minimum wage to be $50. Talk about bankrupting a country overnight.
If raising the minimum wage doesn't work, what should we do instead? Telling people to "get a better job" isn't enough because a lot of people can't afford college, or they lack the 5 years experience that entry level jobs ask for these days. How do we help those people?
@@riakriak7270 First of all, *do not go to college.* It's a waste of time and money. You want to get a good job? Go to a trade school, learn aircraft mechanics. Graduate to a job pulling 6 figures.
@@riakriak7270 _"If raising the minimum wage doesn't work, what should we do instead?"_
It is interesting how many young socialists point to Nordic countries as examples of "Successful Socialism," even though they are not. Then they ignore how those same Nordic countries do not have any minimum wage and are doing just fine.
The Real Minimum Wage is Zero.
When I was in High School, everybody's first job was McDonalds, Dairy Queen, or some other fast food place. Other than the manager all the employees were teenagers.
Those days are long gone. Teenagers can't work certain shifts, which tend to be the busiest. If you also look at the demographic numbers, there are literally not enough born either to cover all the necessary locations. Not to mention that they are having trouble competing with other industries that pay better.
And we partied out ass off...lolll
It is a great training center for workers entering the workforce.
Mine was mowing lawns then construction. I never worked fast food or grocery stores. I been a contractor all my life
This isn't 1965 anymore.
"...we did this!"...put lots of people out of work. Great work Gavin.
Remember this when they run him for President. THAT party is Dead--no intelligence, no heart, no vision, no soul.
Californian, born and raised. I can tell you that in the last 35 years the prices have gone up, quality and quantity of food has decreased, service has decreased, entitlement is everywhere and no willingness to be better. No one wants to work nowadays. We give California half of our paycheck for taxes and yet everyone is still struggling. There’s so many angry, unhappy, and disgusting people here now. Everyone’s true colors have been coming out since Covid. Depression, anxiety, and suicide has increased tremendously.
I left CA in 2002. I will never go back.
I left Feb. '23 at 37 years old. Born and raised in Cali, and I'm so glad I left.
Just give Calofornia to the Mexicans.
No one wants to work anymore because these are unliveable wages
and for what cause?? for their sick beliefs.
“What’s the point of a raise if you don’t have a job anymore?” Why isn’t the mainstream media asking the governor and the unions this question?
They aren’t asking because legacy media support and push the Far Left’s agenda. Gruesome Newsom is their guy.
because only 1.8% of California fast food workers lost their jobs while 2.7% of the Californian civilian labour force just got a rise or in other words over half a million people got a rise while 10k lost their jobs primarily the young. also you are watching the mainstream media hes an ex fox news reporter known for things like claiming there being no proof second hand smoke is harmful and distorting facts to suit is views, suing fact checkers for fact checking his claims and getting the case dismissed.
@@sirlinkthefourth6755 Where are you getting these statistics from? The article I read says that about 500,000 fast food workers are keeping their jobs, so 10,000 jobs lost would be closer to 17%.
@@sirlinkthefourth6755So 1.8% of fast food workers lost their jobs but 2.7% of all the civilian labor force got a pay raise? How about sticking to one specific demographic. You can’t compare apples to oranges no matter how much you try to extrapolate the data. As for Stossel working for Fox means nothing. A good reporter or journalist should be unbiased and able to work effectively for ABC, CBS, Fox, CNN, etc. the second hand smoke trope was back in the 80’s. Maybe we have learned a little bit more medically since that time and forty years from now we will have a clearer picture of mandatory wages in our present time. There is no consolation prize for losing a job due to political policy.
What is point of working if you wages constantly devalued cuz money supply keeps increasing with every loan, all credit card, QE, Zirp or whatever financial gimmick they come up with?
The woman screaming "we did this!" Remember that face. Yes. You did.
She did.
Looking for change and livable wages the nerve of her. 😑 It's okay to want and need and ask for a raise to be able to live
@@peanutsarecheap1997 She needs to learn the skills to get good jobs and not have to worry about minimum wage anymore. Entry level jobs were never meant to be a career, and certainly not meant to get a high minimum wage.
And working fast food is the way ? Wow.. not how I figured it out. This does NOT work.
@@peanutsarecheap1997socialist smooth brain detected.
@@peanutsarecheap1997Failing to understand economics, thereby costing thousands of people their jobs.
Yes. She did that.
“It doesn’t matter how smart you are if you don’t stop to think” - Thomas Sowell
Good on you, jai jai! And how about you put your money where your mouth is and work for, say, $7.50/hr for the rest of your life so you can TRULY show your support for these poor, poor companies, h'mmm?
Thomas Sowell is full of clever quotes.
What people aren't talking about are the people who made double the minimum wage who didn't see a raise in income and now their jobs have become the "new" minimum wage job. Like in my state, $24/hrs was a decent wage 4 years ago, but now people in fast food restaurants get that and the people who earned that years ago are still making that amount.
Same here in pa...theirs talk of 15- 20 / hrs fir minimum wage increase...but what about the people that have been working there for 5-10 or more years that are only making a couple dollars more or better yet thst are full time and making less than the minimum wage...its ridiculous...
Hello there, how are you doing. May I have a word with you if you don't mind?
Politicians DO know that raising the minimum wage will hurt employees job's but, Politicians don't care about Americans.
They sometimes have too to not be voted out. If enough people demand something, it might just happen.
They only care about the union lobbyists.
I've come to the conclusion that they actually HATE us, especially after learning about "Gain of Function."😔
Politicians don’t learn anything.
Yep. Donald Trump couldn't give a rodent's nether region's for workers anywhere.
The delusion is strong in this state.
My dad's cousin, who visited from San Francisco, once told me California was truly the land of fruits and nuts. This was the early 1980s and it wasn't as evident. As the years have passed, though...
FJB and his Evil Administration 🤮
Funny how many in this administration have a second citizenship in a certain “Mediterranean” country 🧐
@@andrewgus8763 Welcome to the Biden Inc Fascist Regime.
@@theworldendingzxz
Yeah, it's not like robots don't have bills to pay too!!!
How dare a company not have the right to replace a person w a cheaper robot!!!
Thank you Gavin Newsom and his Aunt, Nancy Pelosi!!!🌹
Dear lost, Pay raises for the average American are always available. American simply needs to be trained in a lucrative field and find a job that’s an actual career. Fast food jobs are temporary although management has historically paid well Fast food jobs in most cases are meant to be a steppingstone for an individual to begin their lives And then move on If every job was high, paying the economy will be flipped upside down Your statement makes it seem as though low paid workers are being held down, which is a lie low paid workers need to get trained and move to higher paying jobs The worker must change themselves for higher pay. The jobs should not pay out of political nonsense.
@@Cahoo.U , you speak as if the person making $7.15 was safe from being replaced by a robot. All this does is speed up the process in California
Glad somebody finally sees the facts. Higher minimum wage guarantees the skilled tradesmen make less and minimum wage jobs get deleted. How many cashiers work at 5 Below, Target, Walmart, Kroger, etc? About 1 got to stay of 15 canned for self checkout.
Politicians have never worked an honest day in their lives. They also have no idea of basic economics. 😢
Why should they, they are in a popularity contest. The people who should know ecomonics are the voters as they are the ones that have to live with the results of the politicians actions.
Should be a requirement that candidates for a political position must work at least 2 years in private sector and preferrably in a leadership position
They never are held accountable for the unintended effects of their policies. They manage to fool the voters with their excuses.
They can't balance the budget or slow their spending but they come out of it all richer..
Never trust some rich a-hole whose never worked a day in their life to understand a market economy.
When retired people needed to go back to work that was the end of young people jobs.
when retired worker is gone and young people refuse to work. what happens next? look at whats happening in china with the unemployment and the youth refusal to work entirely. yeah; good economy. pfft. yeah right. china is beyond help now.
My local supermarket used to employ a lot of teenagers. Now, almost every employee is 40+. Similar situation at my local Walmart.
Retired people will go to work, not call in sick, and do a good job!!! Young people will play on their phones and say "Not my job" when told to do something...
@@johnjay6370 not true.... LMAO!! retired people cannot move as fast... back in their days..while working they only had to work a single job. They never had to work 5 to 8 jobs in a single job and get only one small pay that they cannot afford to pay rent on.
@@bebdaumon3948hahaha, you really believe that retired people never had to multi-task at their jobs? Really? Can your understanding of the past really be that limited?
that union woman is a mental case.
They always are 😅
She's probably making 100 grand a year or more, she don't care about the people that pay and created her job
same thing happened when I went from $10 an hour to $11 an hour at walmart, they cut my hours and I wound up making less money than I did at $10
Feels like that's more in the realm of corporate class consolidation of revenue at the expense of the lower level employees and customer base then anything else... also known as inshitification.... remember when poor people had money in the pandemic the economy boomed and fast food rose the fastest because it was allowed to stay open....
Yep, that's the type of "blackmail" these companies will stoop to to achieve even higher profits at the expense of the workers. If companies like Walmart had their way they'd charge you and me for the privilege of working for them.
Perhaps you should have gotten a second job.
@@willie1genesis714The economy didn't "boom" during the pandemic - there was a recession.
@@747faThey're *employees,* not "workers". How much of a profit should companies be "allowed" to make, in your opinion? Finally, competition (other businesses) helps employees. Employees *are always free to seek other higher paying jobs.* A free market makes minimum wage laws unnecessary. Look at Sweden, Norway, etc.
As a california resident he is the worst. He destroyed california.
And yet, the big cities in commiefornia keep voting him in... EVEN WHEN he was recalled, TWICE, they voted to keep him in... then again, I personally think he got his votes the same way biden did.
no, Californians destroyed California.
Ronald Reagan was the start of the destruction of California
@techtoyota9725 why would I vote for him, I recalled him twice and voted against him and any democrat every time.
He had help from Jerry Brown.
Companies laying off people - We Did This!!!
Companies raising prices on items - We Did This!!!
Kids not able to get entry jobs - We Did This!!!
Entry level job growth, stalled - We Did This!!!
😑
Why do you hate capitalism kid?
@@classreductionist I'm being sarcastic?
@@classreductionist Using government and/or abusing law to affect wage rates is NOT Capitalism but SOCIALISM. In capitalism all transactions are negotiated by the two affected parties at arms length NOT via unions or law ie so that the price of any good or service in that free market will reach its on natural equilibrium. Government or Union intervention on the price of labour ie wages is bound to affect the demand just as raising the price of anything (except for griffin/luxury goods) will decrease the demand - its basic human nature which socialists don't understand.
That SEIU sistah is probably making bank off this shenanigan.
Hello there, how are you doing. May I have a word with you if you don't mind?
Back in the 1970's, Proctor and Gamble built an automation factory for making Pringle chips. The people in Jackson TN were mad. They wanted the factory jobs. The Pringle plant made more jobs, not less. It made higher paying jobs, engineering, electricians, welders, computer programmers, forklift drivers, etc. In the long run it was better for the community.
Stossel gives these politicians too much credit. They know exactly what the consequences of these policies will be.
it amazes me how people project ignorance and stupidity onto millionaires who harm the country. newsom net worth $20 million.
You said exactly what I was going to say. Politicians making these policies know what the outcome will be. It's done on purpose. I get angry at how willingly ignorant people are becoming to the point they're easily swayed and manipulated to the point they cheer on their own demise. Lemmings.
Yep, all the chaos of today is all planned
Stossel still has residual brain damage from Dave Schultz.
Democrats have been dismantling the workforce for years
I’ve been saying this for at least 5 years. The minimum wage hike was to accelerate robotics. Not to pay people more. It is hard for people to comprehend this. But once you realize the government’s job is to make you poor then it is easy to understand
Have you seen "robots" cleaning dirty, filthy toilets properly? Have you seen robots making beds? These tasks will prove MOST interesting seeing as how your robots are going to move in and take jobs so soon.
@@747fa The absolute hubris of your "points" is astounding.
@@747farobots can be easily designed to do such jobs it always depends on cost
Poor people are easy to control.
@@747faHome Depot already sells self cleaning toilets. I suggest that you look it up.
It is people that have never held a job making the rules.
Kinda like ol' Karl Marx.
I remember when the minimum wage increased at my job. There was another effect that happened too:
When the minimum wage increase happened, it did raise everyones wage up to that new standard. However, that also meant that a person who was just hired is now earning the same amount as someone who was there for 5 years. They did not keep their raises they earned over time, their senority raises, etc. There was basically no point in working there for a length of time because your earning the same amount as someone who just started
The reason Newsom wanted this was because, unless they changed it last minute, there was a provision exempting the ones owned by his friends.
I thought he owned or backed a few himself? No one cares when you state this fact sadly.
Panerera of course. His good buddy...Jose Alberto Dueñas
@@matthewchown530 More! More examples please.
@@OmeedNOuhadi There were more and I forgot!! Panera absolutely!!
@@matthewchown530 Such corruption. Disgusting piece of excrement, Newsome.
Remember her words, "We did this." Those words will cost thousands, maybe millions of people, their jobs, and they will continue raising those prices not caring about the repurcussions.
I just would love to see the look on her face when she gets replaced buy AI
That's the problem she has never thought about other people she's only thinking about herself. Selfishness and self-centeredness is part of the reason this country is getting destroyed.
@@shortsign The bosses control all the factors of production except for union labor. They control the government, the banks, the money printing and the prices of housing, electricity, food and water. Naturally its stacked against us.
They do care about the repercussions. The "repercussions" are the intended effect.
@@Lord_Volkner Its just a ploy to get votes for Democrats as they pretend to be friends of labor.
Politicians screw up everything they touch. Most are lawyers and they can't even do that, thus, they go into government. They know nothing about business, insurance, guns, you name it.
That is why we need less Government in our lives. The constitution was created to protect us from the Government, its why they are trying to whittle away at it.
nowadays it's probably because they're DEI lawyers...
I love how they think their position gives them immeasurable knowledge about EVERYTHING! I'm tired of them playing doctor and telling actual doctors what medications can be prescribed, in what amounts and to whom. (Basically only they truly get what they need while the rest of us just have to hope we can)
They tell us to trust the science as they never took a science class in their lives.
Their jeewish, Gavin and everyone behind the scenes is jeewish
Could not happen to a better group of people ! So, So, Glad you got exactly what you ask for !!! CONGRATULATIONS !!!
California also spent $750 million to build 1200 tiny homes for the homeless a year ago. No houses have been built yet. In Texas, tiny homes only cost $60 million to build the same 1200 homes.
But have those tiny homes in texas been built?
California is Ukraine level corrupt
I wouldn't be shocked to hear that California one day has no idea where that $750 mil. went. Meanwhile, Newsom the snake keeps dragging California further down the toilet.
Still way too much
Where does that money come from and where going? Why do people get paid so much for social services but little old fast food workers cannot?
Foolish policy, every price goes up, and fewer jobs available.
They were so proud of the $20 an hour minimum. With no understanding of how it affects us. Senseless.
That's what happens when you're a brainwashed fool who relies on their utterly *worthless* feelings. It's also what happens when they're allowed to have a say in anything.
And now I hear they are calling for $30/hr.
@@andrewschliewe6392 Yeah, I think I've heard the end goal is $50 an hour. Its not sane.
@philhoward4744 They are money hungry. All they see is dollar bills.
You’re wrong. They know exactly how this affects us. Thats why they’re doing it.
The overarching lesson: let the economic system work - trying to change it almost always results in negative consequences.
Working at Long John Silvers wasn't meant to be a lifelong career. But now Yolanda gets 20/hour until a robot replaces her. Then it's on to welfare.
You want to talk welfare? Billionaires are the biggest recipients of government welfare. Tax cuts, tax breaks, and maybe even a new stadium or two built by taxpayers.
Mountain man you hit that right in the nose. Dam common sense
If your business can't pay people a living wage then that business is a failure.
These 'entry-level' jobs were never meant to support a family.
They were supposed to be part time jobs for high school & college students.
If you do the 'entry level' job for 20 years.. that's your fault.
You're supposed to take on more responsibility and get promotions...more money.
@bixbysnyder-00 Not billionaires, corporations. Just like bloated labor unions that use their weight to force politicians to give them what they want so to can bloated corporations. What's your solution?
It's not that the politicians don't know the negative effects of raising the minimum wage, they raise it because it is popular with voters. It makes it look like they are helping the little guy, when they are actually hurting them.
Yes. Better we keep those pleb workers down and working for say, $10/, er no, that's STILL too generous. Let's make sure they only get $5/hr. That way, economically, no companies or businesses will go bust and their CEO's etc., will get even BIGGER payouts! Brilliant, sonny, just brilliant!
@@747faYour comment makes the assumption that there is "only one giant company that controls all the jobs". Employees are always free to look for higher paying jobs elsewhere. Small businesses are a great way to support employees who want to aquire skills and higher wages.
@@747fa You truly proved how economically illiterate you are. If it actually worked in the manner that you are implying, then how does anyone make more than minimum wage? If all companies just pay the "pleb workers" the minimum, nobody could possibly make more than minimum wage. People get paid based upon the value that they add.
Who would it benefit for government to cause companies to go out of business? Would the employees who lost their jobs be better off? Would other businesses and their workers be better off from the lost sales that are caused by the first company going out of business?
When the minimum wage goes up, it causes price increases, so those big companies can just raise their prices and they can make the same amount that they did before after adjusting for the minimum wage induced inflation. Beyond that, companies start taking away perks, only give the minimum pay increase required, cut hours and cut job. Minimum wage increases also squeeze the people making more than minimum wage because they never get the full minimum wage increase, which would still be a pay cut because they make less than the percentage of minimum wage than they did before. For example, if minimum wage is $10 and it goes up to $11, that is a 10% increase. Someone making $15 an hour would be luck to get the $1 raise, but they would actually need a raise of $1.50 to keep their wages 50% above minimum wage.
.3% of companies create 1/3 of the jobs. There is an illusion of choice that you can just "get a job elsewhere," when these companies have monopolized the market and government influence.
@@747fa I'd rather be making $5/hr than $0/hr.
"We did this!" Meanwhile she's somehow completely clueless to the fact, that 20.00 an hour hasn't been a livable wage in California for 10 years now. 😂
So…that means raising the minimum wage was needed.
@@AJ-ib4oy ....no, when you raise miminum wage, you put everyone deeper into a hole. And you, if anything, hurt people more. If you want more money, go earn it. Be a productive member to yourself, and learn, pay if you have to, to get yourself the proper training that you need.
@AJ-ib4oy I'd ask if you even watched the video, but your name clearly shows you're a bot 😂
@@mr.joshua204what you are saying is fast food workers don’t deserve more because they are not productive enough? Lol
No he's saying fast food work or restaurant work is entry-level work. Those jobs are for high schoolers. @@kinosyk
Sadly, the politicians are NOT smarter than those kids.
To quote Ronald Regan "the scariest 9 words are "I'm from the government and I'm here to help"!
11 words
Regan ruined the asylums'.
@@guineapiglady2841 how? Did he start sending radical Democrats?
@@mikeklinger1712 Am I wrong? The asylums are closed.
@@mikeklinger1712 LOL!!! How are you gonna quote the AS*HOLE THAT RUINED OUR COUNTRY? Come on Mike, do better!
DC increased their minimum wage for wait staff jobs. Now they can't find people to do the jobs because food service is the most price sensitive and the restaurants knew that and they were encouraged to not change their menu prices ... so they didn't, but when the hourly went to 15 the restaurants added a 10 to 20 percent surcharge for "labor" to every bill which predictably destroyed tips. Waitstaff went from making effectively 22 an hour to getting the "new and better" 15 an hour. So they left, and went to Virginia where the minimum wage was lower and they could make more.
That's actually probably the smartest thing to do as a business owner in this environment. Stop hiding the labor costs and break it out as a separate item. Let people immediately see the increased labor costs instead of abstracting it away.
@@noname-gp6hk Sure, but it also directly results in your staff losing all of their tips and probably makes the restaurant still lose customers. It would probably be better if they put on their menu that because of the minimum wage change they had to post new prices on their menu rather than hitting customers with it on the check.
Why do people who have never run a business make laws for people that run businesses?
Because people don't vote for successful business people, they vote for whomever tells them what they want to hear.
Same reason why people who have never been workers make laws for people who are workers.
Do you really think any of the big tech company leaders, ie.. the most successful and predatory businesses in the world... should be a politician?
My nephew was working at chipotle and when the wage went up they started giving him a two days a week for two hours schedule.
It never affects politicians ,only the people who can least afford it.
If we never left the gold and silver standard minimum wage would be much higher
The people that can least afford the Democrat policies keep voting for Democrats 🤦
I am no longer a customer of these "restaurants", better for my health.
Can someone go back and interview homegirl who said 'we did this!' How does she feel now when she lost her job when the restaurant went out of business??!!!
The stupidity is out of this world!!!
Guarantee she won’t take responsibility for it now.
She only takes ownership if it makes her look good. Now that the situation turned out bad, she won't take ownership of it. Typical female behavior
I think so too.
... firing her, if it could even be done, would clearly be an act of racism because of her immense value to the employer...
they have no shame, she is evil and will just blame businesses for being greedy say it was a small business with only one store wont matter.
*Looking for ways to earn money daily is sometimes frustrating and is a pain in the ass, I couldn’t really keep it up, it’s exhausting 😔 job hunting is something that drains your physical and mental wellbeing, hoping to get response from people who got themselves employees already but still keeping your hopes high*
Thinking of how difficult it is to get a job, I think it’s time people start investing and earning their own money, the heartache from job hunt is quite unbearable, I for one would prefer investment than getting myself worked up on seeking a job
My primary issue right now is how to increase revenue during these tough times. I can't afford to see my savings disappear into thin air.
to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.
Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people
It still amazes me that the general public does not know anything about basic economics.
World capitalism became Imperialism capitalism's its highest stage with world war one. Now America the last Imperialist Empire is following all the European and Japanese Empires into decline.
They don't teach anything about it in schools because to do so would bring up the question of the origin of the profit.
Economics only applies to poor people.
Every time they give out subsidies, it just increases the total cost. Politicians very often ignore any logic when passing laws. Same as when they print money. They don't care or understand the consequences.
They hand out goodies to get re-elected.
I used to eat fast food a few times a week but now I consider it a luxury, very rarely will I buy fast food.
Garbage food is luxury, how ironic. Now your health might be thankful, though
....fast food isn't a luxury. It's literally food drugs. Do you know how much msg McDonald's outs into their food, it's an addictive chemical like drugs, that's why people keep coming back
@@mr.joshua204 he meant it's expensive for him now.
Fast food has always been a luxury.
@mr.joshua204 Lol. I love when people can write one sentence and you can tell their IQ is below room temperature. No offense to you personally
"Living wage". They like that term they seem to believe that everything stays the same and there are no responses to artificial meddling by politicians. There are plenty. Good report.
Why not just make the minimum wage $100,000 a year? It has no effect on employer behavior right?
It's a "win win"!
Why stop at 100K. Just make it an even 1,000,000 while we’re at it.
There is actually a Senate candidate in California proposing just that
Counterpoint to your obvious strawman: why not just make it $0/hr, and let taxpayer funded welfare make up the shortfall in peoples' income?
@@carultchwell. You are half right.
The middle class is the biggest loser in all of this which I think is the point. The lower class get bumps to make up for the price increases, the rich get the spoils from the price increases, the middle class in the middle fork over the cost of price increases but then are told sorry we had to pay our minimum workers more so no cost of living raise this year.
I assume you work at a private company? How would paying minimum wage workers more impact the profits of private business?
That's not how economics works. You obviously didn't pay attention to the video.
When you increase minimum wage, you devalue those employees and middle class spending power. Because prices will be increased. However, fast food employees hours will be cut because guess what?
The middle class will just eat out LESS. Which will hurt demand for fast food and the franchise owners bottom line. Making that minimum wage bump, not helpful at all. If everyone stops eating out, which is happening. Fast food will have to lower prices and continue to CUT people hours.
Work under the table and collect state benefits.
@@bixbysnyder-00You dont think private businesses employ minimum wage workers?
@@Slick1020It wouldnt result in cut hours at all, because the business still needs to operate at those hours.
What it will do is result in cutting staff and a crappier end product.
“It is usually futile to try to talk facts and analysis to people who are enjoying a sense of moral superiority in their ignorance.”~Thomas Sowell
Businesses aren't going tell their stockholders that they are going to lose money, they will pass that on to the consumer. And it will come out in other ways, reducing benefits, vacation time, etc. They aren't in business to lose money
Here in Massachusetts it's super high as well. The costs of this has hurt all business here...cost of living here is absurd. Me and my family sold our home and are heading to a red state..eff this
So if someone is making 30 an hour and minimum is 7.25 but minimum is raised to 15 then it will totally undermine the 30 an hour worker which is another major aspect of this life destroying minimum wage
Yeah, the people calling for $50 minimum wage don’t even realize that’s what some medical professionals and engineers make.
It's called wage compression and it's awful. I remember when my state went to a $15/hr minimum wage from $10.65/hr and it trashed employee morale in lower paid industries.
Why go through all the stress of manufacturing or administrative work if some burger flipper is getting about as much as you?
I remember clawing my way out of $10.65/hr to my first job that paid $20/hr prior to the change and it pissed me off. I didn't get a commensurate raise yet their work is suddenly worth more.
In the end the usual song and dance happened, marginal businesses shut down, prices went up, and suddenly the kids were unemployed. I know a minimum wage job isn't exactly livable, it isn't supposed to be.
All it does is turn more jobs into minimum wage jobs.
It’s not unintended consequences. Newsom knows exactly what he’s doing
Came here to say the same thing!! “The poor get poorer!”
They know exactly what they’re doing they’re trying to creep massive unemployment which results in dependency that’s what the Democrats are all about the marxists Democrats are marks it’s only one in control independency feet they look like they’re trying to help you but you’re not
Right? Hello federal dollars to support ask the poor people here. He’s loving it.
IMO, politicians know EXACTLY what they are doing. They just don't care. Pandering for votes to get elected or re-elected.
Pay more taxes too so no good
Mr newsome we thank you for $20 raise, now we're unemployed now we can get unemployment benefits and don't have to work because nobody's going to hire us.
the democrat's dream
The fast food jobs these people are working were not intended to a career.
Unfortunately many do. Too many were sold the idea that minimum wage was intended as a living wage. Sadly they are now out of a job.
If that is so why are these businesses are open during school hours and late at night?
Your question makes no sense. Fast food jobs are starter jobs for teens/young ppl to gain experience and a bit of money, part-time jobs for ppl who are in uni or need to pick up extra shifts to make ends meet, they are not intended for ppl to spend their entire lives unless the end goal is to make it to some top managerial position or own a franchise. So the college kids work til they're done with their degree, move on to their actual career, then someone else takes the spot and the cycle repeats.
@@ofali Please give source on fast food jobs as starter jobs or college students are working these jobs
They want more taxes. When people make more money they pay more taxes. They need to feed their criminals and homeless people.
Or increase politicians’ salaries
I was in California a few days ago...My fast food costs were $31.00 for two people. These politician willfully disregard basic business operations. I'm glad I don't live there anymore.
What did you have to eat for $31?
@@moa3008 dude just a regular burger and fries can cost over 12$. even at the cheapass diner in the smaller town where i live the western burger is still 11.99 and its still the cheapest option in the area. seriously you under estimate how bad california prices are.
@@sovietunion7643 It's $15 per meal where in Nevada it's less. Still painful in Nevada, but less. It's like $12.25.
Unintended consequences, in Romania they have raised the minimum wage even if they have been warned that we don't have the capacity to absorb the displaced workers. As a result the textile industry was killed and all the seemstresses have been unemployed, as they didn't found other job in the country they have been forced to accept caretaker jobs in Italy, Spain, France and UK,the kids have been taken with them but they have had huge adjustments issues or they have been left with the grandparents and raised unruly. Unintended consequences: huge number of divorces and the new generation with big behavioural issues.
Flipping burgers should NOT be getting $20 bucks an hour!! There’s people that work in the FIELDS and are Considered SPECIALIST in the job they do and only get $15 !! That’s just ridiculous!!
Fast food is for young people to get experience in the work force
@@juliemorgan4937naw u got grown ass ppl flipping burgers...and if that's the case why pay young ppl 20 bucks if they just there to get experience in the work force
Unless their not white then it’s an adult lol. Because white people look down on working people.
Here in San Antonio I make $15 an hr as a patient care assistant at a hospital after 3 yrs and our cap is $17. Bill Miller's employees start at $12 just to cook bbq..In N Out start employees at $15 something up to $18😑 Took me 3 yrs in healthcare field to make what a fry cook and burger maker to start out with. There's no incentive to work hard anymore when you cam doa basic job and make more than a skilled one and that's the real problem. $20 an hr for a McDonald's working making the same as a Surgical technician or LVN here is fcuking crazy. Nurses fresh out of school start out around 21 to 23 an hr🥴 so its like what's easier, going to school for 4 yrs and getting into debt for your job or being a high school student or having a diploma and making the same. We see where this generations entitlement and low drive to do better comes from
The non existant Service at fast food restaurants is pure garbage. Economy is going to 💩
Government needs to stay out of business.
Government needs to stay out of most everything. Nothing makes the case for anarchy more effectively than government.
@@Lord_Volkner Bosses control government with the two parties.
@@kimobrien. It's the central bankers who control the government and the two parties ... and the big businesses, the educational system, the news media, the entertainment industry ... pretty much everything.
When you can print money out of nothing, what do you? You buy everything ... and so they have.
We knew this was going to be a problem…. But we also knew no matter what we put you Californians through….. you will still vote democrat !
Remember that the IDEA of a larger minimum wage “FEELS” good to a liberal… FACTS don’t matter!!😂
“Those who vote decide nothing. Those who count the vote decide everything.”
― Joseph Stalin
I have a friend in robotics. He told me their break-even wage is $15.03. At that point, a robot can do the work cheaper.
😂😂. Let me see "robots" that can clean dirty filthy toilets properly, make beds and repair my car all without ANY help from humans.
@@747fayes they lay-off everyone except the toilet cleaner, manager and assistant manager. So you go from 5-7 employees to 3.
And now the owner makes more money per store while reducing total overhead by cutting jobs.
@@747faWhy do you assume that cleaning toilets, making beds, and repairing cars are the *_only_* jobs out there? Remember that this video pointed out that California's $20/hr law applies only to "fast food" (Panera Bread was exempt).
By the way, self-cleaning toilets exist. There *are* robotic bed makers out there. Also, cars are more computerized than ever, making mechanics less necessary.
@@747fa Washing toilets and making beds is **completely** unskilled labor. You're silly to think robots can't do those jobs.
@@djm5687 More computers in cars makes mechanics LESS necessary? LOL Hilarious!
Sadly, the fact that they are working minimum wage jobs also means they are highly likely to not understand basic economic principles. Funny and sad to see them cheering their own job loss.
Same thing happened here in Florida when they voted for a big minimum wage increase to $15. Almost overnight, TONS of people were fired and almost all checkout lanes were converted to self-checkout at all the big stores, many have 100% self-checkout. Most stores are ghost towns devoid of employees. It's impossible to find someone to help you if you need it.
We are about a decade from fast food restaurants being turned into giant vending machines. Small businesses can't afford to automate away jobs and that is the real point, destroying small businesses that compete with international corporations. What we really need, other than a movement of common sense is a free enterprise movement in this country. The industrial age is over. It's automated away and the trope of getting an diploma or four and finding a job needs to die with the millennials. Selling yourself into wage slavery is not for Gen Z. Stop looking for a job and start looking for work.
>> Small businesses can't afford to automate
That is nonsense. Just like every small business can use other machines, those aren't different. The fairy tale of "robots will replace us" is just that - a fairy tale. Meanwhile, even cheese in supermarket is sliced by human.
50 years ago my 1st. job wage was $1 an hour, pumping gas, before that I worked on farms, REAL hard work. Today, does anyone on the left really understand how BAD runaway inflation really is ? FJB.
that dollar would be worth 13 today and you worked a job a monkey could do and in 50 years until today the wage only went up 2 dollars an hour while the price of a home has gone up over 70%
yup my first job out of highschool in 2000 was $7 and some change, I was able to rent an apartment pay a car note all my food/utilities and attend trade school. No it was not easy but it was doable, and when I got a raise of .90 cent it really helped out. There are pizza places where im at playing $20 an hour, apparently that is no enough to do what I did 23 years ago on $7, runaway inflation makes sure poor and middle class stay that way or get worst.
@@sirlinkthefourth6755 in 2000 out of highschool I was making $7 and was able to rent an apartment pay a car note and attend trade school. Now people struggle in the same area with $20 an hour, anyway you cant really say what that $7 from 24 years ago is worth today based on official inflation as the math was changed many decades ago for inflation. Based on standard of living one can only guess I would guess it worth $25 with real buying power into account.
Sorry, pal, but blame for the rampant inflation rests squarely on DJT. Who insisted on huge tax cuts for corporations which resulted in stock buybacks that juiced the market? DJT. Who bullied the Fed into lowering interest rates at a time when they should have been raising them to cool the economy off? DJT. Who signed off on the COVID stimulus checks? DJT. Who botched the COVID response? DJT.
So, I'm pretty sure you meant FDT.
100 years ago i bought three houses with my part-time summer job pressing elevator button as an elevator boy with no training.
i was also the sole provider for my family of 5 with that part-time entry job. kids these days just don't understand hard work.
This was one of my wakeup calls about populist left economics. What good is the dream if it fails so often?
Grew up watching Stossel. Love this guy!!
It’s kind of ridiculous what California is doing. I mean they’re destroying the mom and dad stores. You know the small little businesses.
i visited CA last summer and i cant believe they have an ALUMINUM tax if you buy a canned drink. like wtf!? newsome has destroyed that state
California redemption value has been around since 1987 to promote recycling. Yes Newsome is terrible but this redemption plan has been around long before him
Many states have this, it is deposit on each bottle and can, and it is up to you to keep all your empties, and drive 30 miles to the redemption center, just to get your own money back.
Seems like a reasonable idea, but the problem with this policy is people don't want to just put their cans out for the recycling truck because they are worth too much to "give away". People go around at night and steal cans from the curb because its actually worth it. So everyone is forced to drive (as in waste gasoline and time) to bring them to recycling themselves. Do the math on 20 million cars in CA using 1 gallon of gas every month, 12 times a year, just to recycle their cans themselves. Now add in the fact that most of these facilities are really busy, and they have pretty limited hours, so you likely will have to wait in a small line or sometimes they are not open when they say they are (which seemed to happen alot) or they are just FULL and don't accept any more. So you have to come back again......
Michigan has had a 10 cent deposit on can ever since I was born 44 years ago. We can take ours can back to any supermarket and get the deposit back. If I had to drive 30 miles to a recycling center then that would be unreasonable. It doesn’t really help climate change either does it?
@@ifmbm332btrue. And in the end, it is the state that makes out like fat rats. NY did analysis of their 5 cent bottle deposit several years ago. The state was make several million dollars a year in the tax because people were not claiming their deposits back. Here in TN, we don't have that tax, and our recycling of aluminum is brisk. Why? Because the scrap yards pay you to bring it them. Many here recycle their aluminum because it pays well. We also have folks that will come collect any metal scrap that you have for free. You don't make any money on it, but they do, and it keeps stuff out of the landfill.
You know what, all resturants should close effective immediately in California until they remove the mininum wage hikes. No food for Newson.
😅well, then they'll be replaced by new restaurants.
@@davianoinglesias5030 Possible, but what restaurant would want to open up under the current conditions in California?
So they raise the minimum, and then you have people in thier jobs for 10 years, and people get hired off the street at the same wage as the 10 year person . Companies will not compensate 😮
Exactly, back in the 80s the minimum wage jumped 50 cents. I was a production lead at the fast food in a little town. All of a sudden the new kids got the same wage I was - after I had been there 4 years and had the door keys and safe combo. 😐
So the alternative is what? Pay everyone a wage that can't keep up with inflation?
@@davianoinglesias5030 I'm not sure what the solution is. To start, the shareholders of the. MegaCorporations need to take a hard look at the compensation package the C-suite gets. I have no problem with a CEO getting a million dollars worth of stock options, I do object to that CEO getting a million dollar salary while all the people that do the work get paid just above minimum wage.
But that is not something the government should ever poke their noses into. Or maybe they should, instead of raising minimum wage - pass a law the no one who works in a company can make x amount over the minimum 🤔 Food for thought.
Decades ago, when the entity I work for formed a union, it became quite clear to me that as a rule of thumb, find the laziest most incompetent workers within a workplace, and those are the people that are the backbone of the Union.
I just wanted the government to artificially inflate wages beyond what the market demands… I didn’t want the prices to go up 🤦♂️
I love how the words you used tell me that your being ironic
@@jaijaiwanted thx 😊
LOL😆
@Michael-pi8ps if you're talking about non-profitable businesses such as the wind turbine business, I agree totally
I just wanted my wages to keep up with productivity... I didn't want my extra hard work and efficiency to go to shareholders...
In Australia, wages have remained pretty much stagnant for 15 years. Productivity has gone up for 15 years.
Now they are saying inflation will only go down if productivity goes up... Why should workers lift productivity if their hard work doesn't come back to them?
My brother worked at a Taco Bell in his youth, and the same day the state minimum wage went up, he had to raise the prices on the menu. The customers complained, asking why they had to pay for it and not Taco Bell.
It's amazing how many people do not understand that the only money a business has is what it gets from customers.
Let me correct you about your last point... a business won't let a wage increase for workers effect it's profit, they'll force the effect on to it's customers before the wage increase takes effect, that way it doesn't hurt their profit...
Then again, how much profit do you think a mcdonalds in new zealand makes since they pay their employees NZ$22.13/hr. (I only ask because you know a business won't be in business long if they don't make a profit), yet their big mac combo (or meal if you want say it like in the U.S.) costs different depending on where you are there (just like the U.S.), but it's roughly NZ$15, then again, I'm pretty sure they have some government regulation(s) we don't have here in the U.S. (about corporations graping the people for profit)
@@MrEli768 It's even more simple than that . . . businesses only receive revenue from customers. The customers always pay for any increase in costs, regardless of the profit margin the business seeks to maintain.
My point is to illustrate the misconception many have about the money that a business holds. Yes, businesses can get investments or loans, but if the business is operating on either, it's either failing or a Ponzi scheme.
@@MrEli768 Yep. Australia is a good comparison to the USA due to it's size and, therefore, transportation costs. Big Mac is only 7c more expensive.
Prices didn't increase, Governor Newsom? I just read a report citing a survey that 78% of Americans now consider fast food a luxury.
It's cheaper and better to go to a casual restaurant compared to McDonalds. I know I'll be paying about $50 for two adults but the service is fine and the food isn't terrible.
Still a once in a while treat, but it's a lot more enjoyable.
That is just "Rhetoric" I have heard before
Prices will increase with or without minimum wage raises, how do you think corporations are making record high profits. They are colluding while you think it's a perfect competition market
Restaurants closing all over the place in San Diego. A chesseburger is 13 bucks, I keep hoping things will get better but each day they get worse.
Don't assume the negative consequences are unintended.
What did you mean?
Watching the sheep clap and cheer for that creature really puts things into perspective 😂😂
North Korean vibes
I managed restaurants for YEARS and, even back when it was only a $15 minimum, I was saying there's ZERO PERCENT CHANCE this DOESN'T cause businesses to close, jobs to go away, etc. It's seriously not rocket science. So, when all this data came out recently, all I could say is "no shit".
Capitalism.
The free market makes shitty businesses close. If paying someone below half a livable wage is the money transfer that keeps the business open, maybe it's time for the hand of the free market to act and get some businesses in there that know how to be profitable while not putting their workers on social welfare programs.
Wealth transfers should not be going from the poor to the rich, like they continually have by fleecing workers to provide "shareholder value".
@@jokerES2 If you think THIS is a free market, you really are lost. lol
"Minimum wage" and "free market" are mutually exclusive.
@@jokerES2 ahh yes, it is "free market" when the government decides how much you need to pay your employees. piss off, there shouldnt be a min wage in the first place, as it doesnt help anybody and further increases the cost for everybody.
@@vanguard6937 If there wasn’t a minimum wage! Then these greedy corporations would pay the employees $.35 an hour!!
Then they would rely 100% on Tips and the consumer would get screwed on paying nearly 100% of there salary instead of 75%!
Then the companies would be Jealous of their employees and demand that they are not tipped anyway!? Then if you’re paid so little you might as well not work for a company at least!!
It’s either collecting a check from the government or working for yourself!!
If you’re doing either you’re not going to be spending any of your money at a company that didn’t pay you enough or fired you!!
These companies are going to go out of business for not paying the employees enough!
People are not going to go to fast food places to eat that they didn’t get paid or get paid very much at all at!
Then they’re going to waste money on robotics and they’re still going out of business. But this time even faster!! 😂
@@jokerES2 What a joke. Equating small businesses with "shitty" ones is incredibly ignorant. Larger businesses can actually afford to deal with these government interventions, but that doesn't make them better. Free markets should be free.
Still astounded that Newsom’s buddy was exempted from the law-he knew it would be disastrous 🤦♀️