Monday, April 25, 2016

U.C. Berkely Reacts to Minimum Wage Increase

Who'da thunk?Looks like U.C. Berkeley jumped right on problems created by the $15.00 minimum wage by laying off 500 employees.Probably not the first we'll see of that sort of thing, although it seems strange to hear of this from a government institution.

Hat tip to Richard Rider for the story.

8 Comments:

At 9:38 AM, Blogger Henchman Of Justice said...

The farther away from zero, the harder life becomes for the have nots (jobless, most seniors, the poor, etc...) BECAUSE LIFE STILL COSTS, but now the cost IS MORE.

The wage argument is apocolyptic. Higher wages are ONLY ARGUED because wealth and consumption create an economic environment of HIGH COSTS (includes regulations like minimum wage, ADA, glbtq, healthcare, etc....)

The more that "less than a majority want to take from others" (with or without wealth, rich or poor subsidies) MEANS economic collapse!

Live it, learn to love it, for groups of people are to be feared, for the changes groups manipulate ate changes not worthy of a fully functioning society.

When bathrooms and water fountains are major political controversies, then what?

 
At 9:48 AM, Blogger Henchman Of Justice said...

Who'da thunk?Looks like U.C. Berkeley jumped right on problems created by the $15.00 minimum wage by laying off 500 employees.Probably not the first we'll see of that sort of thing, although it seems strange to hear of this from a government institution. ~ FM

Response: it is never strange what any level of gubbamint engaged.

What's that line, "don't cut off your nose to spite your face." This is what happens to undereducated college students whose heads are so far up their intestinal tract they can't decipher what is best, but bandwagon zip line their way to faux activists over issue only controlled by a reversal of the relationship between consumer and servicer!

People can be really, really naive, apathetic and in denial, which equates to pathetic cultural quandaries.

Americans are less educated at a time when information is so abundant, but the lazy never really research that which is necessary in sociopolitical.

Oh well, this is where the strong individual survives over the naive, so be it.

 
At 10:27 AM, Anonymous Anonymous said...

The job elimination message comes as the campus is projecting a deficit of $150 million this fiscal year . . .

But it's the minimum wage, *not* the State's failure to increase funding to UC system-wide. Right.

 
At 11:11 AM, Blogger Fred Mangels said...

"But it's the minimum wage, *not* the State's failure to increase funding to UC system-wide."

That's why I wrote it's strnge this is hsppening in a government institution. You'd think they'd just find funding, or raise taxes, and let the taxpayer pick up the tab.

Even private businesses have the option of raising prices, althought most of us are under no obligation to pay those higher prices. Not so with government.

 
At 11:36 AM, Anonymous Anonymous said...

This is a misunderstood story. Public universities rely heavily on student employees for whom they don't pay the salaries. They hire 'work study' students who take a portion of their federal loan in the form of payment for work. Those students have most, usually all, of their salary paid by the federal government.

In such an environment, colleges take on a LOT of superfluous student positions because, hey, free labor. These are not positions that would exist if the college had to pay for them. Now that the college does have to pay for em, they weed out all the extra fluff.

So, yeah, criticize that situation, but not raising the minimum wage. The research (aka the evidence) is solidly in the court of the minimum wage producing more benefits for the economy than drawbacks.

 
At 11:41 AM, Blogger Julie Timmons said...

B-E-R-K-E-L-E-Y.

 
At 11:52 AM, Blogger Sally Sheffield said...

Even before I read Richard Riders great comments I was thinking we do need better educated and diverse economic professors. Additionally, a child's education begins at home with responsible, caring parents who teach their children the value of working to achieve their goals. Sally Sheffield.

 
At 1:28 PM, Anonymous Anonymous said...

Our education system needs rethinking. We need local schools that teach students what they need to learn to become productive citizens. Our local community college is doing that. There is no money. It does not grow on trees. Sometimes free things have a high price. So many people are getting rich taking advantage of the World Wide Web. Our communities are being destroyed. Our technology has been stolen or bought. Our books on history are being destroyed. The socialis teachers,, of which there are many in California public schools and universities, are teaching our youth to hate our USA. They do not teach history. They do not teach our children our children to be proud of who they are as a person. I am sure our elders in this country are very fearful for the future for our children and grandchildren. As soon as people realize that there is nothing left of the USA that has not been mortgaged or sold to foreign governments, maybe then they will start to care for our communities and country. Our government has failed us by letting too many people in this country and supporting those who have more children than they can provide for and nourish. When do the schools start teaching youth to be responsible adults instead of what they have become. There are no resources in this country to support the people with in it. Most of the jobs that were here are in China, India, and Mexico.



 

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