this post was submitted on 25 Mar 2024
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[–] [email protected] 0 points 5 months ago (1 children)

The bread excemption meant the wage increase was only going to be ineffective or detrimental to workers. Companies that increase wages will cut staff or fold while the companies that made bread will continue to make bread.

The problem is that a wage increase requires a holistic approach that removes the incentive for the highest paid to make more money, caps on COL expenses, increased taxes on higher brackets that goes to 100%, and corporate taxes that can't be loopholed to a fraction of nothing.

Increasing wages without taking actions to support that increase results in the increase of COL and inflation, negating the increase in wages; it is like wiping mid-shit.

[–] [email protected] 0 points 5 months ago (1 children)

California needs to focus on driving down their cost of living. I loved living there but everything was mind numbing expensive.

[–] [email protected] 0 points 5 months ago

They won't lower the cost of living because it is a direct result of their chosen economic policies.