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Posted: 5/2/2015 6:23:30 PM EDT
[#1]
Quote HistoryQuoted: It is only a matter of time before the rest of us are required to pay a big fucking tax increase to bail out California.  |
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Posted: 5/2/2015 6:23:54 PM EDT
[#2]
Quote HistoryQuoted: The people that run SV also pretty much run Sacramento. I've spent enough time around ultra-wealthy coastal Democrats to understand that they simply don't think in ways conprehensible to flyover country middle class Americans. Quote HistoryQuoted: Quoted: Quoted: Quoted: I live in South Beach, a lot of people don't grasp how much money there is flowing through SF. 50 years ago, the motor city Detroit had one of the highest per-capita incomes in the world. Now look at it. Silicon Valley can exist anywhere, CA doesn't have a monopoly on nice weather and pretty scenery. There's plenty of places they could go now, but it seems they don't. I would also suggest that the primary factor that tanked Detroit isn't applicable in SF. The people that run SV also pretty much run Sacramento. I've spent enough time around ultra-wealthy coastal Democrats to understand that they simply don't think in ways conprehensible to flyover country middle class Americans. Once the 'guests' from south of the border gain critical political clout mass, have fun. |
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Posted: 5/2/2015 6:24:21 PM EDT
[#3]
Damn that makes me mad. |
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Posted: 5/2/2015 6:24:37 PM EDT
[#4]
Quote HistoryQuoted: TPM is Talking Points Memo, one of the most liberated sites on the innerneck. It is nothing but libtard push-"journalism." I'm sorry, but I am not going to accept their numbers as meaning anything useful. Quote HistoryQuoted: TPM is Talking Points Memo, one of the most liberated sites on the innerneck. It is nothing but libtard push-"journalism." I'm sorry, but I am not going to accept their numbers as meaning anything useful. Why would a libtard source make Cali look like a welfare case? Wouldn't they lie to create the false impression it is a bastion of success? |
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Posted: 5/2/2015 6:25:07 PM EDT
[#5]
Companies like Amazon are going to have no problem paying a $15 minimum wage after all the small businesses are crushed by stupid shit like this.
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Posted: 5/2/2015 6:27:11 PM EDT
[#6]
Quote HistoryQuoted:
Like I said, once Silicon Valley finds a better place to migrate to, game over for CA 50 years ago, the motor city Detroit had one of the highest per-capita incomes in the world. Now look at it. Silicon Valley can exist anywhere, CA doesn't have a monopoly on nice weather and pretty scenery. Quote HistoryQuoted:
Quoted:
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Like Seattle, SF is already a very expensive city where only the elite, in general, can afford to live. Because of this dynamic that may not exist where some of you live, there will be minor hiccups, but it will get sorted out, and almost no one will notice any difference. Yes, some businesses will complain. Some may even decide to close down, but those businesses will be replaced, and very quickly, by businesses that can afford it. Everyone else will just adjust. No, that does not make it right, but it is what will happen. And, yes, you can quote me on this, all of you who live in Palukaville. I live in South Beach, a lot of people don't grasp how much money there is flowing through SF. 50 years ago, the motor city Detroit had one of the highest per-capita incomes in the world. Now look at it. Silicon Valley can exist anywhere, CA doesn't have a monopoly on nice weather and pretty scenery. Arizona has plenty of sand.
They just need to leave the SJW types in the old Silicon Valley. I'm afraid we can't really offer 'nice' weather in the summer, but maybe that will help weed out some of the stragglers. |
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Posted: 5/2/2015 6:29:38 PM EDT
[#7]
Quote HistoryQuoted: Companies like Amazon are going to have no problem paying a $15 minimum wage after all the small businesses are crushed by stupid shit like this.  |
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Posted: 5/2/2015 6:33:47 PM EDT
[#8]
Quote HistoryQuote HistoryQuoted:
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California is what, the 5th largest economy in world or something like that? And that collection of mouth breathers in Sacramento are flushing it down the drain. It will be ugly when Cali finally collapses. Once Silicon Valley has had enough and moves on, it is game over. No worries. The American taxpayer will bail out California. Give it some time.  California tax money is bailing out many other states that have negative federal tax receipts and has been for many decades. I am not a Californian. I am just correcting the misinformation you spew. It would take decades of negative CA tax receipts to overcome what CA has paid over the years. That is just truth. I live in a deep-blue state (Washington), too, with positive Federal tax receipts. Things do not totally suck here. That's why we have positive growth every year, sometimes in the double digits. People in states with net-negative Federal tax receipts and that folks also flee from can't relate. Ask yourselves, though: If things are so good where you live, why is there no positive population growth? People vote with their feet. Texans can probably relate, and because of a different state philosophy—proving that there is more than one way to skin the same cat, but also that if your state ain't skinning the cat, there is likely a reason, one that maybe you are not seeing. http://www.ritholtz.com/blog/wp-content/uploads/2012/02/give-take-small-final.png That's an interesting map. I'm not surprised by either Ohio getting less or WV getting much more. I own homes in both states and see where the money goes (or doesn't go) and comes from. |
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Posted: 5/2/2015 6:35:16 PM EDT
[#9]
lie in the bed you made. san fran can fuck itself
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Posted: 5/2/2015 6:38:24 PM EDT
[#10]
Quoted:
Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually. "I was appalled!” he says. "My jaw dropped. Eighty-thousand a year! I didn’t know that. I thought we were talking a small amount of money, something I could absorb.” Hibbs is not the first person to encounter this problem. On February 1, San Francisco’s renowned science-fiction bookstore Borderlands Books published the following on its website: Although all of us at Borderlands support the concept of a living wage in princip[le] and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. Consequently we will be closing our doors no later than March 31st. Read more at: http://www.nationalreview.com/article/417763/when-minimum-wage-hikes-hit-san-francisco-comic-book-store-ian-tuttle 
Financial projections... how do those work? |
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Posted: 5/2/2015 6:39:20 PM EDT
[#11]
Quote HistoryQuoted: Financial projections... how do those work? Quote HistoryQuoted: Quoted: Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually. "I was appalled!” he says. "My jaw dropped. Eighty-thousand a year! I didn’t know that. I thought we were talking a small amount of money, something I could absorb.” Hibbs is not the first person to encounter this problem. On February 1, San Francisco’s renowned science-fiction bookstore Borderlands Books published the following on its website: Although all of us at Borderlands support the concept of a living wage in princip[le] and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. Consequently we will be closing our doors no later than March 31st. Read more at: http://www.nationalreview.com/article/417763/when-minimum-wage-hikes-hit-san-francisco-comic-book-store-ian-tuttle Financial projections... how do those work? Feelings and all... |
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Posted: 5/2/2015 6:42:19 PM EDT
[#12]
Quote HistoryQuoted:
Companies like Amazon are going to have no problem paying a $15 minimum wage after all the small businesses are crushed by stupid shit like this. Amazon isn't going to pay it either. They're going to use robots and drones instead. |
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Posted: 5/3/2015 6:29:40 AM EDT
[#13]
There's a very simple case to present here. You're not supposed to be able to "live" off of flipping burgers alone. How can they not see the repercussions for their policies? Any liberal economics professor does...
1. What happens to the existing semi-professional workers that already made $15/hour through hard work? 2. With no phase in, how do businesses account for the increase in costs (article) 3. What happens to all other professional workers that just received an inflation-reduction in pay? (When everyone makes at least $15/hour surprise surprise a cup of coffee starts going up in price) |
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Posted: 5/3/2015 7:06:01 AM EDT
[#14]
Surprised this went two pages before the dupe flag gets thrown...
San Fran comic book shop talks about the minimum wage hike http://www.ar15.com/forums/t_1_5/1744731_San_Fran_comic_book_shop_talks_about_the_minimum_wage_hike.html |
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Posted: 5/3/2015 7:13:58 AM EDT
[#15]
Hopefully this will lead to rapid advances in automation that will benefit everyone as employers in these stupid liberal cities try to cut costs.
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Posted: 5/3/2015 7:21:58 AM EDT
[#16]
“Despite being a progressive living in San Francisco, I do believe in capitalism. I’d like to have the market solve this problem.”
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Posted: 5/3/2015 7:22:55 AM EDT
[#17]
“Why,” he asks, “can’t two consenting people make arrangements for less than x dollars per hour?” WTF do you think two people do when one hires the other to work at McDonald's??? |
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Posted: 5/3/2015 7:30:46 AM EDT
[#18]
Quote HistoryQuoted:
California never learns. Other than that: The second from the left. The lady with the finger monocle. She's He's welcome to stay at my place. sure thats not a tranny? |
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Posted: 5/3/2015 7:31:27 AM EDT
[#19]
Surely between the three of them, Nancy Pelosi, Barbara Boxer, and Dianne Feinstein, shouldn't one of them be able to come up with a solution for this?
Probably something along the lines of, "Let them eat cake." |
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Posted: 5/3/2015 7:33:41 AM EDT
[#20]
Quote HistoryQuoted:
So what will happen to San Fran if all the comic book shops close up? Amazon will do fine. Like everything else, if it can be found cheaper elsewhere, people will go elsewhere to buy it. The idiot left will still proclaim victory. We have a living wage policy, and people xan still get their comic books. Yay! |
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Posted: 5/3/2015 7:45:45 AM EDT
[#21]
Quote HistoryQuoted:
Why not scale min wage to the size of business? A compromise between those who want to eliminate it and those who want it to match cost of living index? I got a much better idea; why not have the government stay the hell out of this matter entirely and let the free market decide what price employers need to pay in order to fill their positions with qualified individuals and retain them afterwards, rather than hammer out a compromise between individuals other than the owner or prospective and current employees? Thank you for your socialist minded brainstorm though. |
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Posted: 5/3/2015 7:51:10 AM EDT
[#22]
Good lay everyone off in that jacked up progressive liberal, illegal immigrant sanctuary city crap hole.
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Posted: 5/3/2015 7:57:00 AM EDT
[#23]
Quote HistoryQuoted:
Financial projections... how do those work? Quote HistoryQuoted:
Quoted:
Hibbs says that the $15-an-hour minimum wage will require a staggering $80,000 in extra revenue annually. "I was appalled!” he says. "My jaw dropped. Eighty-thousand a year! I didn’t know that. I thought we were talking a small amount of money, something I could absorb.” Hibbs is not the first person to encounter this problem. On February 1, San Francisco’s renowned science-fiction bookstore Borderlands Books published the following on its website: Although all of us at Borderlands support the concept of a living wage in princip[le] and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. Consequently we will be closing our doors no later than March 31st. Read more at: http://www.nationalreview.com/article/417763/when-minimum-wage-hikes-hit-san-francisco-comic-book-store-ian-tuttle
Financial projections... how do those work? Ahole owns a business but doesn't know what a wage increase will do to the bottom line? He is like very other liberal all for it it doesn't effect him. Let the other guy pay the big corporations the ones with money. I think I've heard that before. Tax the rich as long as I'm not considered rich. |
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Posted: 5/3/2015 8:05:45 AM EDT
[#24]
Quote HistoryQuoted:
http://www.ritholtz.com/blog/wp-content/uploads/2012/02/give-take-small-final.png Damn that makes me mad. There is literally no possible way the numbers on that graphic are accurate. |
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Posted: 5/3/2015 8:11:08 AM EDT
[#25]
Gee, I hope this does not close all of the small gun shops in San Francisco.
Oh, wait. Never mind. |
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Posted: 5/3/2015 8:17:08 AM EDT
[#26]
Obviously, we need a tax payer funded subsidy to pay for the wages small businesses can't provide.
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Posted: 5/3/2015 8:19:02 AM EDT
[#27]
Quote HistoryQuoted:
Snip..... TPM is Talking Points Memo, one of the most liberated sites on the innerneck. It is nothing but libtard push-"journalism." I'm sorry, but I am not going to accept their numbers as meaning anything useful. Oh, the numbers may be accurate...but if you REALLY look at them.... You'll see a mix of 'Giveaway' type money....(the government got nothing in the past and gets nothing back from giving it away to the recipients..other than buying votes...such as medicaid, welfare, etc.), Some 'Expect a Return' (Student Loans, Small Business Administration Loans).... And finally some 'Pre-Paid' Money (Social Security from people who worked their whole lives, Medicare, Military Retirement Pay, Federal Retirement Pay......(yes there are some 'giveaway' $$ in social security,etc.)). So it's not anything other than a graph of where the money goes...so they're trying to compare it to current income (which you can't legitimately do. Hell, if I have a retirement check ('pre-paid' such as Social Security, or say (I wasn't in, but for example) a Military Retirement Check)...I'm going to move to the state with a nice climate...and the lowest cost of living. I might have been a taxpayer for decades, but if you factor me after I retire into that chart...it will look like the government is spending $$ on me the same way they spend $$ on a Welfare Queen...ditto if I borrow $1M to open a new business....or Take out Student Loans.... |
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Posted: 5/3/2015 8:21:09 AM EDT
[#28]
Quote HistoryQuoted:
There is literally no possible way the numbers on that graphic are accurate. Quote HistoryQuoted:
Quoted:
http://www.ritholtz.com/blog/wp-content/uploads/2012/02/give-take-small-final.png Damn that makes me mad. There is literally no possible way the numbers on that graphic are accurate. See above for the explanation....they may be 'accurate'...but they're not a valid comparison.... |
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Posted: 5/3/2015 8:41:19 AM EDT
[#29]
Deficit spending makes it possible.
Quote HistoryQuoted: There is literally no possible way the numbers on that graphic are accurate. Quote HistoryQuoted: Quoted: http://www.ritholtz.com/blog/wp-content/uploads/2012/02/give-take-small-final.png Damn that makes me mad. There is literally no possible way the numbers on that graphic are accurate. |
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Posted: 5/3/2015 8:42:01 AM EDT
[#30]
stupidity
and they will still have the same shitty employees for the increased expenses since workmans comp is payroll based it will necessarily go up the appropriate amount also lol |
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Posted: 5/3/2015 8:44:01 AM EDT
[#31]
Zero Fucks given.
Math.....how does it work? |
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Posted: 5/3/2015 8:46:26 AM EDT
[#32]
Quote HistoryQuoted:
Why not scale min wage to the size of business? A compromise between those who want to eliminate it and those who want it to match cost of living index? Why not scale minimum wage to the market? If someone's worthless ass is only worth a wooden nickel, then why not let someone pay them a wooden nickel? |
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Posted: 5/3/2015 8:47:42 AM EDT
[#33]
"If you're going, to San Francisco...................
 "
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Posted: 5/3/2015 8:48:17 AM EDT
[#34]
This may have been covered somewhere already, but another dynamic to the demand for higher minimum wages means most of the current employees will be replaced by a better quality workforce once $15 is on the the table in many places. South Carolina is a good example of such a place though it's unlikely to ever see the light of day here.
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Posted: 5/3/2015 8:51:18 AM EDT
[#35]
I love that California is like one giant liberal experiment that is failing at every turn.
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Posted: 5/3/2015 8:55:41 AM EDT
[#36]
Quote HistoryQuoted: Like I said, once Silicon Valley finds a better place to migrate to, game over for CA 50 years ago, the motor city Detroit had one of the highest per-capita incomes in the world. Now look at it. Silicon Valley can exist anywhere, CA doesn't have a monopoly on nice weather and pretty scenery. Quote HistoryQuoted: Quoted: Quoted: Like Seattle, SF is already a very expensive city where only the elite, in general, can afford to live. Because of this dynamic that may not exist where some of you live, there will be minor hiccups, but it will get sorted out, and almost no one will notice any difference. Yes, some businesses will complain. Some may even decide to close down, but those businesses will be replaced, and very quickly, by businesses that can afford it. Everyone else will just adjust. No, that does not make it right, but it is what will happen. And, yes, you can quote me on this, all of you who live in Palukaville. I live in South Beach, a lot of people don't grasp how much money there is flowing through SF. 50 years ago, the motor city Detroit had one of the highest per-capita incomes in the world. Now look at it. Silicon Valley can exist anywhere, CA doesn't have a monopoly on nice weather and pretty scenery. It turns out a LOT of those companies are moving operations to the Austin, Texas area. I hope they come and leave CA weeping in their wake. |
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Posted: 5/3/2015 9:06:27 AM EDT
[#37]
Quote HistoryQuoted: Friends thought I was nuts I turned down a 6 figure raise that would have required me to move to the bay area. Fuck that. Recently, my wife was in a similar situation. Here in Austin, she make 94k a year. She was offered a position in Palo Alto that paid $130k a year. On the surface, it looks like no contest. However, when you compare the cost of living, it becomes clear that thing are WAY out of whack in San Jose. To have a comparable lifestyle in San Jose, she would need to make $168,000/year. That is insane. |
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Posted: 5/3/2015 9:32:27 AM EDT
[#38]
I don't care how much money the rich and powerful elite have in SF, the businesses need plebes to run and aren't going to lose money on every location. They will have to raise prices or cut costs. If you sell hamburgers for a dollar do you think it matters if the patrons are billionaires?
Someone mentioned that someone like Walmart would replace the comic book store. Not selling MSRP comic books. They will have to sell something else to make it work if their prices are set in stone from the manufacturer. And lastly, Amazon has never turned a profit. Ever. Investor stupidity is the only reason that thing (which I love) still exists. |
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Posted: 5/3/2015 9:37:14 AM EDT
[#39]
Quote HistoryQuoted:
I don't care how much money the rich and powerful elite have in SF, the businesses need plebes to run and aren't going to lose money on every location. They will have to raise prices or cut costs. If you sell hamburgers for a dollar do you think it matters if the patrons are billionaires? Someone mentioned that someone like Walmart would replace the comic book store. Not selling MSRP comic books. They will have to sell something else to make it work if their prices are set in stone from the manufacturer. And lastly, Amazon has never turned a profit. Ever. Investor stupidity is the only reason that thing (which I love) still exists. Bullshit |
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Posted: 5/3/2015 9:39:12 AM EDT
[#40]
Quote HistoryQuoted:
Damn that makes me mad. There's no way the math works out on that map. |
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Posted: 5/3/2015 9:41:01 AM EDT
[#41]
Dupe: http://www.ar15.com/forums/t_1_5/1744731_San_Fran_comic_book_shop_talks_about_the_minimum_wage_hike.html
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