djAdvocate
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Post by djAdvocate on Dec 17, 2014 11:32:13 GMT -5
not all jobs are portable. for example, fast food will still be served in San Jose, no matter what the labor cost. Not true. There will come a point in which residents of San Jose will have to go elsewhere for goods and services. If these costs cannot successfully be passed on to the residents of San Jose, then the people of San Jose will have opted to travel rather than to pay the inflated costs. in the real world, it is true, Paul. nobody is going to pay workers enough to make fast food so expensive that people won't buy it. that is the world we live in. not the imagined one. i am also guessing well over half the population makes over $19.06, so those jobs are clearly not going anywhere, either. Median wage is $80,000, so yeah- basically half the population makes more than double that amount.so, what is to lose? we'll see. but chances are that prices will be adjusted to compensate, and everyone will just learn to live with it. Prices will be adjusted to compensate? In other words, the additional income makes no difference. You're basically admitting it's inflationary.of course. however, it is not inflationary to the degree that wages are raised, since wages are not 100% of COGS.OH THE HORROR!!!! CA is already an exodus state, and this will ultimately spur productive people and businesses to move outside of San Jose, and as long as they're packing up-- it may dawn on them to just leave CA altogether. actually, it WAS an exodus state until a couple of years ago. look again. CA is either #1 or #2 in job creation. candidly, i was happy to see some people go away. it was putting a horrendous strain on home prices.
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Dec 17, 2014 14:12:27 GMT -5
CA is already an exodus state, and this will ultimately spur productive people and businesses to move outside of San Jose, and as long as they're packing up-- it may dawn on them to just leave CA altogether. actually, it WAS an exodus state until a couple of years ago. look again. CA is either #1 or #2 in job creation. candidly, i was happy to see some people go away. it was putting a horrendous strain on home prices. not all jobs are portable. for example, fast food will still be served in San Jose, no matter what the labor cost. Not true. There will come a point in which residents of San Jose will have to go elsewhere for goods and services. If these costs cannot successfully be passed on to the residents of San Jose, then the people of San Jose will have opted to travel rather than to pay the inflated costs. in the real world, it is true, Paul. nobody is going to pay workers enough to make fast food so expensive that people won't buy it. that is the world we live in. not the imagined one.So, you agree with me in the real world fast food will not, in fact, be served in San Jose "no matter what the labor cost"?
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Dec 17, 2014 14:17:04 GMT -5
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djAdvocate
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Post by djAdvocate on Dec 17, 2014 14:33:43 GMT -5
actually, it WAS an exodus state until a couple of years ago. look again. CA is either #1 or #2 in job creation. candidly, i was happy to see some people go away. it was putting a horrendous strain on home prices. not all jobs are portable. for example, fast food will still be served in San Jose, no matter what the labor cost. Not true. There will come a point in which residents of San Jose will have to go elsewhere for goods and services. If these costs cannot successfully be passed on to the residents of San Jose, then the people of San Jose will have opted to travel rather than to pay the inflated costs. in the real world, it is true, Paul. nobody is going to pay workers enough to make fast food so expensive that people won't buy it. that is the world we live in. not the imagined one.So, you agree with me in the real world fast food will not, in fact, be served in San Jose "no matter what the labor cost"?of course not. but that reducio ad absudum argument is not a "real world" argument.
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djAdvocate
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Post by djAdvocate on Dec 17, 2014 14:36:24 GMT -5
you might want to use your own state as an example. Texas' job creation, growth, and fiscal responsibility are below average the last two years. Florida and CA are way above average, on the other hand.
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