San Francisco becomes first U.S. city to top $10 minimum wage

[Geee]

Washington Examiner:

David Frias works two minimum-wage jobs to squeak by in one of the most expensive cities in America.

Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.

It won't put much more in Frias' wallet. But it gives him a sense of moving on up.

"It's a psychological boost," said Frias, who is a 34-year-old usher at a movie theater and a security guard for a crowd control firm. "It means that I'll have more money in my wallet to pay my bills and money to spend in the city to help the economy."

San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.

Karl Kramer of the San Francisco Living Wage Coalition said a decent wage for a single adult without children in the city would be $15, and that doubles when you have at least one child or more. But like other advocates of better wages, he's still pleased that San Francisco will be the first in the nation to top $10.

"It helps workers' morale in a time of economic crisis; they feel that they're able to tread water and get some relief from the recession," said Kramer.

While the city is at the forefront of attempting to provide a decent living wage, most employees say it's still not a wage to live on, that the 32-cent hike seems like peanuts. And some employers say it could lead to layoffs by small businesses already forced to pay federal, state and city payroll taxes as well as a slew of other city-mandated taxes.

[Valin]

New headline 1/4/12

 

Unemployment unexpectedly surges in San Francisco.

[RandyM]

Supposedly smart people can be so dumb sometimes.

[Geee]

Supposedly smart people don't vote for Pelosi

[Argyle58]

New headline 1/4/12

 

Unemployment unexpectedly surges in San Francisco.

 

In other news, San Francisco sees a spike in the cost of living.

[Draggingtree]

How stupidly obvious WAS this end result of the San Francisco minimum wage hike?

By: Moe Lane (Diary) | July 7th, 2015 at 03:00 PM

 

So stupidly obvious that the English major was telling you* this would happen ahead of time. That’s really stupidly obvious, for those following at home: we’re widely known for being not very good at math. At any rate, let us go now to AEI, which is shaking its darn head over what happened to Chipotle restaurants in San Francisco:

 

• San Francisco, however, saw across-the-board price increases averaging over 10%, including 10% increases on chicken, carnitas (pork), sofritas (tofu), and vegetarian entrees along with a 14% increase on steak and barbacoa.We believe the outsized San Francisco price hike was likely because of increased minimum wages (which rose by 14% from $10.74 per hour to $12.25 on May 1) as well as scheduled minimum wage increases in future years (to $13 next year, $14 in 2017, and $15 in 2018).

http://www.redstate.com/2015/07/07/minimum-wage-chipotle-san-francisco/

[Valin]

How stupidly obvious WAS this end result of the San Francisco minimum wage hike?

By: Moe Lane (Diary) | July 7th, 2015 at 03:00 PM

 

 

 

No No No! This time it will really work, because unlike the other 68,730,143 times its been tried they got it Just Right.

And in the highly unlikely event it doesn't work, it'll be because those evil 1%ers are greedy and want to see people remain slaves.

[Draggingtree]

 

HT/Theo Spark