Productivity, Minimum Wage, Inflation, Deflation.

you say “Increasing the minimum wage without a corresponding increase in PRODUCTIVITY will absolutely cause inflation”

If that is true, would 40 years of productivity increase without corresponding increase in wages absolutely produce deflation?

Its a fair question. It may explain zero interest “loans” for big banks and hot money creating local real estate bubbles and astonishing rents, and investments in factories in Vietnam. The hot money creates big chain competition for small business.

We need to turn the vicious cycle into a virtuous circle.

PA Lawmakers Propose Minimum Wage Increase to $12 an Hour

A bill that would end sub-minimum wage for employees who receive tips and raise the overall minimum wage to $12 an hour was introduced this week in Harrisburg.

Posted by Kara Seymour , April 05, 2014 at 07:35 AM
patch

Two area state senators are making a push to increase the minimum wage, including for employees who receive tips.

State Senators Daylin Leach (D-Montgomery/Delaware) and Mike Stack (D-Philadelphia) this week introduced legislation that would end sub-minimum wages for tip earners and raise the overall minimum wage to $12 an hour.

Current Pennsylvania law permits employers to use tips against all but $2.83 of the current $7.25 minimum wage. The federal minimum wage for tipped workers is $2.13, and has not changed for more than 20 years.

In addition to an increase, the bill would tie the minimum wage to annual inflation, a practice currently done in 11 states, according to information from Stack and Leach.

http://malvern.patch.com/groups/politics-and-elections/p/pa-lawmakers-propose-minimum-wage-increase-to-12

$13/ HR Statewide Indexed Minimum Wage Proposed by Mark Leno California

SB 935 would raise the minimum wage to $11 per hour on Jan. 1, 2015, and then $12 in 2016 and $13 in 2017. Beginning in 2018, the wage would be automatically indexed to inflation each year.

http://blogs.sacbee.com/capitolalertlatest/2014/03/california-minimum-wage-hike-clears-first-senate-hurdle.html

New San Diego Poll Shows Strong Support For Sick Pay and Minimum Wage Boost!

http://www.surveyusa.com/client/PollReport.aspx?g=a58d419e-3cf4-4ee6-a4e8-e1b4a63c83a3&c=37

1 The minimum wage in California is currently $8 an hour. It will increase to $9 in July and $10 in 2016. Do you support or oppose a proposal by the City of San Diego to increase the minimum wage to anywhere from $13 to $15 dollars an hour?
500 Adults All Gender Age <50 / 50+ Race Party Affiliation Ideology
Margin of Sampling Error: ± 4.5% Male Female 18-34 35-49 50-64 65+ 18-49 50+ White Black Hispanic Other Republic Democrat Independ Conserva Moderate Liberal
Support 53% 50% 55% 61% 54% 48% 42% 59% 45% 52% 50% 60% 46% 36% 66% 42% 37% 48% 71%
Oppose 42% 46% 38% 30% 44% 50% 54% 34% 52% 40% 49% 40% 49% 62% 27% 56% 61% 45% 27%
Not Sure 5% 3% 7% 9% 2% 2% 4% 7% 3% 8% 1% 0% 5% 2% 7% 2% 2% 8% 2%
Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Composition of Adults 100% 50% 50% 39% 18% 20% 24% 57% 43% 56% 5% 24% 15% 21% 45% 29% 24% 44% 24%
2 What do you think San Diego’s minimum wage should be? About $8 an hour? About $10? About $12? About $14? About $16? Or more than that?
500 Adults All Gender Age <50 / 50+ Race Party Affiliation Ideology
Margin of Sampling Error: ± 4.5% Male Female 18-34 35-49 50-64 65+ 18-49 50+ White Black Hispanic Other Republic Democrat Independ Conserva Moderate Liberal
About $8 17% 21% 14% 13% 22% 18% 22% 16% 20% 14% 13% 25% 21% 31% 11% 20% 35% 15% 8%
$10 32% 35% 30% 37% 22% 31% 32% 33% 32% 38% 39% 23% 25% 35% 27% 40% 28% 40% 22%
$12 29% 25% 34% 34% 30% 28% 23% 33% 25% 29% 19% 29% 34% 17% 36% 27% 23% 25% 40%
$14 15% 14% 16% 14% 15% 16% 15% 14% 15% 14% 12% 15% 17% 8% 22% 7% 6% 17% 20%
$16 5% 4% 6% 2% 5% 6% 8% 3% 7% 3% 15% 8% 3% 9% 3% 5% 6% 2% 9%
More 1% 1% 1% 0% 4% 1% 0% 1% 0% 2% 1% 0% 0% 1% 1% 2% 2% 0% 1%
Not Sure 0% 1% 0% 0% 1% 0% 0% 0% 0% 0% 1% 0% 0% 0% 0% 0% 0% 0% 0%
Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100%
Composition of Adults 100% 50% 50% 39% 18% 20% 24% 57% 43% 56% 5% 24% 15% 21% 45% 29% 24% 44% 24%

 

California Second only to Hawaii in Rental Expense

By Andrew KhouriMarch 25, 2014, 7:00 a.m.

California renters must earn more than triple the minimum wage to afford a two-bedroom apartment, underscoring a housing shortage throughout the state, a new report said.

A worker earning the minimum wage — $8 per hour in California — would have to toil away for 130 hours a week to afford a two-bedroom, the National Low Income Housing Coalition said Monday.

“California is short one million affordable homes for working families,” he said in a statement.

Many low income workers need family members to pitch in to absorb high rents. A California family needs 3.3 full-time minimum wage earners to afford a two-bedroom, the coalition said in its annual Out of Reach report.

http://www.latimes.com/business/money/la-fi-mo-california-rent-20140324,0,3714931.story

San Jose’s Minimum Wage Success Inspires

SJ Minimum Wage Success Inspires Others

by Scott Myers-Lipton
RaiseTheMinimumWageA copyIt’s been a year since San Jose voters overwhelmingly decided to raise the City’s minimum wage to $10 an hour, and guess what?  Not only has the sky NOT fallen, as critics warned, but the economy and low wage workers are better off than they were a year ago.

Some of the major supporters of Measure D, as it was called on the ballot, gathered recently to observe the one year anniversary of the measure’s implementation that raised the wage by $2 in one fell swoop. The measure had the support of the San Jose State students who came up with the idea and worked hard to pass the measure; the South Bay Labor Council ran the field campaign to get voters to the polls, and major community service organizations like Working Partnerships USA, United Way Silicon Valley and Sacred Heart Community Services supported it.  Overall data from the last year backs up the initial belief that passing the increase was the right thing to do.

the rest of this worthy article:

http://thelefthook.com/2014/03/19/sj-minimum-wage-success-inspires-others/