Monday, March 28, 2016

Comrade Brown Channles HIs Inner Soviet Planner For Wages in California: ' This thing is the result of a lot of thinking'

The L.A. Times reports on Comrade Brown and central planning:
The plan raises the wage "in a way that takes into account the vagaries of the capitalistic economy," Brown said, adding, "This thing is the result of a lot of thinking."

News of the minimum wage agreement is already reverberating across the United States, as lawmakers in other states and presidential candidates have considered the idea of a $15-an-hour wage mandate.

"There are absolutely going to be national implications," said Chris Tilly, director of the UCLA Institute for Research on Labor and Employment. "I expect other states to follow suit, and I expect pressure to build for a federal minimum wage increase."

He said New York will likely be the next state to jump in on $15 hourly minimum wage legislation, based on the state's "rivalry" with California for being "forward-thinking." New York is currently considering a minimum wage increase proposal.
Comrade Brown making illegal to work for less than $31,000 ! Central planning always has the same results shortages.