Quote Originally Posted by Loki View Post
It looks like the GGTs of the world got their wish, at least in LA. If the goal of this bill is to discourage people from getting a college education (after all, an entry-level white collar job will now pay as much as a job in McDonald's), mission accomplished. If the goal is to double the unemployment rate amongst the unskilled, this will be a great success. If the goal is massive capital flight, LA is going to be an American trailblazer. I really hope that this gets implemented as is (instead of being watered down) just so we can see how far a city can fall from stupidity.
Curious how many LA white collar jobs pay $15 an hour, seeing how not a single part of LA is affordable to a full time worker making $15 (lets not forget how rare a full time minimum wage worker is).
http://la.curbed.com/archives/2015/0...15_an_hour.php

This is $15 an hour by 2020, how badly is inflation going to dampen its actual effect?