UC Berkeley Touts $15 Minimum Wage Law, Then Fires Hundreds Of Workers After It Passes

Why is it so hard for people to wrap their heads around this concept?

investors.com/politics/editorials/uc-berkeley-touts-15-minimum-wage-then-fires-hundreds-of-workers-after-it-passes/

youtube.com/watch?v=Q437BX7IXd8&index=124&list=PLrJq1PMIPW_WepUtfAkinLxpoATaEhS3Q

Other urls found in this thread:

youtube.com/watch?v=VNbPuFfvnkA
youtube.com/watch?v=0e50fQLyebI
youtube.com/watch?v=RKN3xraVa14
businessforafairminimumwage.org/news/00135/research-shows-minimum-wage-increases-do-not-cause-job-loss
sfgate.com/education/article/UC-Berkeley-to-eliminate-500-staff-jobs-7244049.php
investors.com/politics/editorials/uc-berkeley-touts-15-minimum-wage-then-fires-hundreds-of-workers-after-it-passes/
twitter.com/NSFWRedditVideo

Good.

Sweet automation bring it on

Because it doesn't work. And Berkeley is more liberal then Sfo so of course they're economics department is empty.

When they did this in Washington, lay offs were rampant. Small businesses went under. And people who got the raise asked to work less hours to stay on benefits.


Nothing good happened. They did not stimulate the economy. They did not get off welfare with a 'livable' wage. The only difference now is they work less hours for the same money and local business owners lost their livelihood.

Employers don' hire staff they don't need. If there is a job that still needs doing it will be outsourced. I bet this is nothing more than creative accounting to make the bills look smaller than they are and will be.

Do they want to raise it for the sake of it or because their work is worth $15 an hour?

It really makes you think about how a "grass roots" movement was possibly funded by larger corporations to push small business owners completely out of business.

Unless you're the owner/operator the 15 wage makes it completely impractical to run a small business.

95% of all jobs are useless and/or can be automated

this is the real redpill

It's a red pill that our society can't handle though. Virtually no one I talk to can imagine a post-automation society. They're still completely locked into a 19th century economic model.

Because if you're a loser that is worth less that $15 an hour then you deserve to get sacked. We're transitioning into a post-industral robotic automated future. Low paid unskilled labour is going to be a thing of the past regardless of the law. Anyway now that these nigs and spics are going to be unemployed its a great opportunity for the yanks to kick them out of the country with minimal economic disruption.

The minimum wage will always be $0. Anyone who claims otherwise is either lying or delusional.

...

evrabody round dis kuntry support dis moovment shiiiit

This would be somewhat possible if we weren't looking down the barrel of automation. Just like the industrial revolution forced farmers to become factory workers, this 15 min wage will only spur on the automation revolution.

I also HATE the notion that if you work 40 hr a week you should get a living wage. Why? People are paid at what their employer values them at. Every 15 min wage report or interview I see involves the person with either a kid, an iphone, or nobody else to support them. If you can only check people out at McDicks you deserve to scrape by until you are more valuable.

People deserve a livable wage. I think you fat cats can afford to pay people an extra 5 dollars an hour when you are making millions a year. Sorry not sorry you can't buy that extra helicopter.

What be economics muffuggah?

...

they think their work is worth $15 when in reality you could pay a monkey 2 bananas per hour and get the same result.

they are worthless leeches.

Yes, and then thanks to inflation, everyone will be earning millions.

40 hr a week at 7.25, which is the absolute least wage, gets you 1160 a month. Let's just say 800 after taxes, which is still way less than you think for poorfags. 500 could go to rent with a roommate, and 300 is plenty for food, transportation, electricity, water. Fuck off

(You) (You) (You) (You)

I love that video. That girl is such a dumbass

Except in this case, it's a major public university that doesn't necessarily offer economical products to the market. The value of their academic services and research is where it lies, so it can easily be lead astray and make retarded financial decisions with hiring as they don't see immediate and crucial consequences as a private business would.

What happen here is that they probably underestimated the costs of the rise for the low-level, mostly service and maintenance employees, and the fact that they will probably have to boost the wages of people in intermediate or manager positions of those departments accommodating to the wage increase, to keep them. Not to mention all those grad students will probably bitch if they're not included or paid the same as the low-level entry service and maintenance employees, and will probably ask for a few dollars over it.

don't forget the 6 kids you have to support :^)

So how much of that 800 is being saved?

if you aren't making enough to have surplus money at then end of every month you are literally a slave. Rent is the ultimate form of jewry imho

What if someone doesn't have a roommate?

What if someone has children to raise?

What about unanticipated expenses/emergencies? They'd have little to no extra income. They also wouldn't have enough for insurance.

Are you a fucking NEET? Haas is excellent

The argument is that you can't live on the current minimum wage. The thing is though minimum wage jobs were never intended for that purpose.

I make 8.50 an hour, 30 hours a week in houston and i live in contentment.

Only niggers and single moms are whining about wages

>What if someone doesn't have a roommate?
Get one or move to a cheaper city. You are not entitled to live on the California beach on minimum wage.

>What if someone has children to raise?
Whose fault is it that someone has children and no job? Why should we destroy the economy to pay for someone else's mistakes?

>What about unanticipated expenses/emergencies? They'd have little to no extra income. They also wouldn't have enough for insurance.
They'd better have enough for insurance, since Barack Hussein Obama has made it illegal NOT to have insurance and will fine them significantly if they don't get it.

The problem is minimum wage used to be for high school kids, just like fast food restaurants. Now its mostly immigrants.

Except it only hurts small businesses who now cannot afford to be in business. The bigger businesses take over for them and that fat cat CEO you hate so much is now making even more money. I swear you liberals are too stupid to see the bigger picture.

Ha, you can't make this shit up

Is Mushmouth there the leader for whatever group she represents?

I hear excuses that those on Cavuto are hand picked by him and the producers, ignoring the fact that they're leaders of the organization.

youtube.com/watch?v=VNbPuFfvnkA

youtube.com/watch?v=0e50fQLyebI

youtube.com/watch?v=RKN3xraVa14

I mean, it is easy to search their names and find out their background.

>Get one or move to a cheaper city. You are not entitled to live on the California beach on minimum wage.
Yes because moving will work when you have no additional income every month. Oh wait.

>Whose fault is it that someone has children and no job? Why should we destroy the economy to pay for someone else's mistakes?
I see your point, if someone has kids (rape cases aside) before they can afford them, that's on them, but what if someone got laid off and they had kids after having a job? You can hardly fault them for that.

>Get one or move to a cheaper city. You are not entitled to live on the California beach on minimum wage.

Uh then the rich will complain because nobody will be doing service jobs and they will have to make their own coffees.

People against living wages are the same types of people who don't know know any of their neighbors.

No, people against living wages are the kind of people who don't want their job to disappear overnight.

I think he meant Econ department, not Haas.

Good glad to see these liberal retards get fucked at their own institution's.

Should've went for $12. They got greedy and automation fired their asses. Fucking retards.

>Yes because moving will work when you have no additional income every month. Oh wait.
Worked for me. Unemployment pay exists for a reason. Jump ship and find a better living condition.

>but what if someone got laid off and they had kids after having a job?
Because, for example, their job's pay has been artificially increased by 50% by whiny college kids and is no longer profitable?

>living wages
Stop lying. That isn't what we're talking about, we're talking about artificially increasing the minimum wage. You can live off of minimum wage in this country, period, you just can't live everywhere in the country at whatever lifestyle you desire.
The rich will complain because of labor shortage--meaning they will pay more for that service. That's how it's supposed to work, retard.

People really don't comprehend labor markets

In my area there actually is a healthy enough supply of jobs without any increases, why?

>Minimum wage is used for shit jobs and as a starting point.
>Companies realize that paying minimum gets you shit workers and anyone worth a damn leaves due to not feeling adequately compensated.
>Companies eventually realize that there quality of worker is causing insane production/customer satisfaction issues.
>Companies increase wages hoping to attract better workers again.
>Dead weight that now has increased wages get increased pressure on them or hours cut due to their now increased wage if they aren't just laid off.
>Dead weight eventually leaves.
>Eventually you cycle through to a better quality of worker.

Good

Why is a minimum wage law needed at all?

Why can't people work for the pay for which they're willing to work? How's it the government's business if someone wants to take a $5-an-hour job flipping hamburgers?

my 1st and 2nd assistants make 15$ and they now have their own places and are buying whatever they want

15$ min would wreck everything

WHO WOULD HAVE THOUGHT THAT INCREASING THE MINIMUM WAGE BY 50% WOULD MAKE PEOPLE LOSE THEIR JOBS!?!

Oh and don't forget the people who were in high paying jobs that now give jack fuck about it because a burger flipper makes the same amount as them.

Because liberals would rather people not be able to get jobs. This way they create a class of people who exist only by leeching off of the government. It creates liberal voters for life.

One way to make the $15 minimum wage work would be to require that people eat a certain amount of fast food each week. That's how socialism works. We don't just complain about problems. We fix them.

That sounds like a free market solution, goyim. Wouldn't you rather have more regulation, more laws, and higher prices instead?

Fighting excess with selfishness, it does not stop avarice.

"dey wuld of ben replaycd us fo robot"

jesus christ

LMAO that's what you get. Socialism doesn't work.

Mmm, I'm loving it

I'm not too well versed with economics, but as I see it
Higher minimum wage=less jobs

While this is true, wouldn't a higher minimum wage also contribute to higher prices and inflation, since everyone makes more money now?

I think basic income would work better. Abolish minimum wage and all other forms of welfare and replace it with basic income.

because we have no idea how it will play out

I really fear we will learn nothing from the failures of socialism, rewarding idleness begets more idleness which increases stagnation and demand for government

government then becomes corrupt, shitty, and massive (like any monopoly), increases taxes, and slowly an ever greater portion of the economy is non productive, until eventually the productive private sector (ignoring productive state enterprises, less common in the west) is strangled to death and the whole thing collapses

also, why the fuck would you invest the time and effort to learn advanced robotics, spend billions to set up and automated factory, and then get taxed at 99% to pay for 10 million people smoking weed and masturbating at their roboticlly built apartment?

I hope we don't have to go through a century of upheaval and chaos as we experiment with robo-communism vs protectionist luddites who ban automation to protect labor

businessforafairminimumwage.org/news/00135/research-shows-minimum-wage-increases-do-not-cause-job-loss

Most demand is endogenous, so min wage increases in aggregate do not increase unemployment.

Minimum wage is not a form of welfare.

We can't afford basic income until we're majority automated (2028).

True, minimum wage just forces people to live on welfare.

>Berkeley employs about 8,500 staffers, from custodians to administrators. Faculty members will not be affected. Dirks said the reductions will be done in part through attrition and did not mention layoffs.

sfgate.com/education/article/UC-Berkeley-to-eliminate-500-staff-jobs-7244049.php

Ha, even better, they're going to be low wage jobs cut, so most likely people of colour

Liberals will have so much more white guilt when they learn about this.

>no bias here!

We are the dead.

They're so enamored with futuristic movies where machines do everything and no one has to work because of living wage is given to everyone, but they don't think it can happen in real life.

They created jobs as well to operate the machinery at a higher wage.
2 people for $15 an hour?
or 1 person for $20+

Poo-to-loo

>Leader of the movement
>Says: "Losing they jobs"
>"they"
you put this fucking retard in charge of your "movement"?

Tell that to Liberals about millionaire athletes, celebrities, and musicians

Oh wait, they think they earn it but CEOs don't.

They don't realize athletes, celebrities, and musicians are basically CEOs as they have thousands of people working under them do the real jobs.

Athletes only throw balls, they don't bother with concessions, stadiums, and turf. Most actors don't write or direct their movies. Most musicians don't write or produce their own songs. But all of them get the most credit and pay.

#FightFor15
#AgeOfConsentReform

Straight up Cloward-Piven shit. First, the niggers push for higher wages. Then, after having lost their jobs, they push for universal basic income.

>macroeconomics is the art of aggregating away all important information

increasing minimum wage drives down labor force participation, and forces small business operating at the margin out of business

so it may increase aggregate consumption but pulling money away from savers (reducing capital) and to consumers, but it also shifts aggregate firm income towards large companies away from small business (reducing total innovation and job growth)

Underrated

>most musicians don't write or produce their own songs.
ahahahahaha
>athletes only throw balls
what are advertisements, sposnsors, endorsements
>most actors don't write or direct their movies
yeah no fuckin shit.
what kind of shitty argument is this?

>that pic
>tfw Ivanka will never ever femdom me

It's the same bullshit Liberals say about CEOs

>they don't make the products
>they don't advertise it

They think they just sit around and make money

fuckin
R E K T
E
K
T

Good, more efficiency, less wageslaves.

Automation will just open up a whole new world of jobs, same way the industrial revolution did

You said actors, musicians, and athletes don't work. What the fuck are you trying to say?
You have no idea what you're saying.
Where's the source where 'liberals' say this? No one says this. You're delusional.

it's either that or "trickle down" economics

Raising the minimum wage will lower purchasing power, which will decimate the economy

People need to focus more on purchasing power, making housing, goods and services cheaper, instead of raising the minimum wage

>lets make big businesses bigger and simultaneously government bigger
>fuck small businesses and entrepreneurs

Its like you actively hate america

>You said actors, musicians, and athletes don't work.

Where did I say that?

I said

>Athletes only throw balls, they don't bother with concessions, stadiums, and turf

Liberals think people who throw balls deserve millions. Ads and endorsements aren't part of their million dollar contracts with teams.

Yup, pretty much. People on either side don't really seem to realize that we're headed towards a society where specialized work is the only work that needs doing.

You're really going to blame businesses and not the customer who know the businesses are shit but keep buying from them?

Retarded Liberals whine about CEOs making hundreds of times more than employees, but they're fine buying Starbucks everyday when their CEO makes 454 times as much as a barista

At this rate, it's already dead desu. Big buisness is too strong to be opposed. The future is megacorps, for better or for worse.

Programming and engineering is going to blow up like crazy soon

For how much people whine about megacorps, they're okay throwing down $10 to see the latest Disney or Marvel movie, not knowing or caring how much of the industry Disney owns.

>investors.com/politics/editorials/uc-berkeley-touts-15-minimum-wage-then-fires-hundreds-of-workers-after-it-passes/
>Since UC Berkeley was already in financial trouble — it ran a $109 million deficit last year and is projecting a deficit of $150 million this year —

It's no secret that the liberals complain about the problems they caused in the first place. Mizzou has low enrolment and a budget deficit aswel. Let the Universities crumble. The most important departments will survive. There will be no more room for identity courses.

Are you me? Making 10 though

>40 hr a week at 7.25
Doesn't happen. They never get above 28-30 because doing so would force their employer to pay health benefits as they are full time employees. It's much simpler to hire two retards to work for 20 hours a week, as opposed to one retard to work 40. This is all thanks to obamacare mind you.

Do you know how large the sports industry is? Do you know how hard they train to get to their status?
You just find any little thing to hate on, don't you.

Companies were doing that long before Obama user. He didn't help, but he didn't create it.

Also, provide a source where liberals think that.
You're delusional. You don't know what a liberal is. You just believe anything you believe in is republican and any other idea is liberal.
You're the cancer that kills political discussions

>"Programming and engineering is going to blow up like crazy soon"
Said the increasingly despondent and unemployed STEM grad
>"any day now"

Buying an extra helicopter puts money in factory workers, I don't see what the issue is. Then there's the money for the helicopter maintenance guys. And the money for the pilot. Luxury goods are still goods and when rich people have a demand for helicopters and yachts, it's paying paychecks.

You think it takes no effort to run a multi-billion dollar business?

Radical leftists being hypocrites. What a surprise. Socialism for thee but not for me.

Well I can't find any Liberals who attack athletes and actors for making millions

They even worship the fucks when they back their causes, like OWS

You're in the wrong area. I live in the DFW area and as long as you have the relevant skills and can prove it (don't even need a degree in many cases) employers will line up at your door, trying to give you a job.

>Hand picked
Lol wow. They really believe FOX NEWS are the ones spewing out propaganda? Every single day there is a constant reminder that these people are WILLFULLY blind. Of course, they don't care if its propaganda, as long as it's on their side. That's why their all freaking out about Trump (hypocrisy, again), they let their own leader get away with despotism for so long that they think Trump will do it too.

Business owners are not stupid people for the most part. If a job exists it is because there is work that requires a human to perform. McDonald's by my house can't lay anyone off. There are no idle employees in there.