California fast food workers will be paid at least $20 per hour next year under a new law signed Thursday by Gov. Gavin Newsom.
When it takes effect on April 1, fast food workers in the state will have among the highest minimum wages in the country, according to data compiled by the University of California-Berkeley Center for Labor Research and Education. The state's minimum wage for all other workers is at $15.50 per hour and is already among the highest in the nation.
Newsom's signature on Thursday reflects the power and influence of labor unions in the nation's most populous state, which have worked to organize fast food workers in an attempt to improve their wages and working conditions.
Yeah the obvious solution to stop big businesses is removing all regulations. Once everyone is all getting paid below minimum wage, wages will magically go up and they’ll be better off.
And then something will trickle down or something
I never said anything about removing all regulations.
Just, think about the downstream impact of what you're doing. This one's fucking econ 101 level obvious, there's a meme about shit this obvious involving a bicycle and a stick. There's got to be a better, more well thought out idea. Here's one off the top of my head: a 0.1% additional business tax for every location above 10 in the state that goes towards housing assistance for food service workers. That's a win win; either you get more business diversity in the state or you get all the workers at all the fast food businesses a pay bump.
If you think this isn't corporate capture and corrupt business politics you're nuts. There's a fucking exemption in the law for panera bread.
You're worried about regulatory capture but you think it's good sense to tie housing assistance to the employer?
Where did I say housing assistance was tied to an employer?