Minimum Wage
Blog
Minimum Wage, Maximum Damage
Here is the simple truth, that is in the richest country in the world we can no longer tolerate millions of our workers being unable to feed their families because they are working for starvation wages. Senator Bernie Sanders Senator Sanders asserts that this “simple truth” justifies the “fight for ...
Blog
Is Stockton’s Basic Income Scheme Actually Working?
Proponents of Stockton’s universal basic income (UBI) pilot project – known as the Stockton Economic Empowerment Demonstration, or SEED – released a report last week detailing its first year findings. The report’s main claim is receiving UBI boosted full-time work. In February 2019, 28 percent of recipients had full-time employment, ...
Blog
House Covid Bill More About Politics Than Immediate Covid Relief
Late Friday, the House took its first vote to pass President Biden’s $1.9 trillion stimulus package, the first step toward their goal of enacting the plan into law before a March 14 deadline when some unemployment benefits will expire. Much of last week’s media coverage of the plan centered around ...
Blog
Groundhog Day for Minimum Wage
At first, we were relieved to find that Pres. Biden’s proposal to include a $15 minimum wage hike in the COVID-19 relief package was just a bad nightmare. But when Californians woke up the other day, the idea was back on track. Unlike Bill Murray, who thanks to the magic ...
Blog
Businesses To Bear The Burden Of Another Government Mandate, Part II
Last month we covered the story of the Los Angeles County Board of Supervisors deciding it was within the scope of their duties to reward pandemic “front-line” workers with other people’s money. As we noted then, Long Beach was considering a similar mandate, which it eventually approved. Yes, some workers ...
Blog
Businesses To Bear The Burden Of Another Government Mandate
On the second business day after the state’s higher minimum wage took effect, employers in Los Angeles County had another weight dropped on them. The County Board of Supervisors approved a $5 an hour increase in “front-line” workers’ wages. It applies to “stores located in the unincorporated areas of the ...
Business & Economics
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
Business & Economics
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
Blog
New Year, New Laws
It’s been a tough year, and we hope that Californians can get back on their feet in 2021. Unfortunately, many of the new laws that took effect on January 1 won’t be helping. To borrow from Kermit the frog — it’s not easy being Blue. I’ve picked out a few ...
Blog
What’s Up with the New “California Driver Benefits Fee”?
Uber customers might have noticed a new fee that’s appearing on their charges. Now, who do we have to thank for that? Oh, yes, the lawmakers who tried to destroy the gig economy and its millions of jobs. Uber added a “California Driver Benefits Fee” to its charges on Dec. ...
Minimum Wage, Maximum Damage
Here is the simple truth, that is in the richest country in the world we can no longer tolerate millions of our workers being unable to feed their families because they are working for starvation wages. Senator Bernie Sanders Senator Sanders asserts that this “simple truth” justifies the “fight for ...
Is Stockton’s Basic Income Scheme Actually Working?
Proponents of Stockton’s universal basic income (UBI) pilot project – known as the Stockton Economic Empowerment Demonstration, or SEED – released a report last week detailing its first year findings. The report’s main claim is receiving UBI boosted full-time work. In February 2019, 28 percent of recipients had full-time employment, ...
House Covid Bill More About Politics Than Immediate Covid Relief
Late Friday, the House took its first vote to pass President Biden’s $1.9 trillion stimulus package, the first step toward their goal of enacting the plan into law before a March 14 deadline when some unemployment benefits will expire. Much of last week’s media coverage of the plan centered around ...
Groundhog Day for Minimum Wage
At first, we were relieved to find that Pres. Biden’s proposal to include a $15 minimum wage hike in the COVID-19 relief package was just a bad nightmare. But when Californians woke up the other day, the idea was back on track. Unlike Bill Murray, who thanks to the magic ...
Businesses To Bear The Burden Of Another Government Mandate, Part II
Last month we covered the story of the Los Angeles County Board of Supervisors deciding it was within the scope of their duties to reward pandemic “front-line” workers with other people’s money. As we noted then, Long Beach was considering a similar mandate, which it eventually approved. Yes, some workers ...
Businesses To Bear The Burden Of Another Government Mandate
On the second business day after the state’s higher minimum wage took effect, employers in Los Angeles County had another weight dropped on them. The County Board of Supervisors approved a $5 an hour increase in “front-line” workers’ wages. It applies to “stores located in the unincorporated areas of the ...
Government-Mandated Hero Pay Fails To Achieve Its Lofty Goals
Offering a temporary pay increase to grocery workers, often referred to as “hero pay”, makes a lot of sense when grocers voluntarily provide this additional compensation to their employees. Grocery workers are taking on additional health risks, suffering additional stresses, and must work in more difficult environments, which all warrant ...
The OCC Is Right, Politics Should Not Determine Credit Access
The Office of the Comptroller of the Currency (OCC) is considering a rule (i.e., Fair Access to Bank Services, Capital, and Credit), which would ensure that banks provide equal access to financial services, without discrimination. Such clarification is sorely needed. It should go without saying, that banks should not discriminate ...
New Year, New Laws
It’s been a tough year, and we hope that Californians can get back on their feet in 2021. Unfortunately, many of the new laws that took effect on January 1 won’t be helping. To borrow from Kermit the frog — it’s not easy being Blue. I’ve picked out a few ...
What’s Up with the New “California Driver Benefits Fee”?
Uber customers might have noticed a new fee that’s appearing on their charges. Now, who do we have to thank for that? Oh, yes, the lawmakers who tried to destroy the gig economy and its millions of jobs. Uber added a “California Driver Benefits Fee” to its charges on Dec. ...
