A blessed Sabbath, Gerbil Nation!
Good morning, Jerry and Sven!
Jerry -- ouch! It appears you have the concept of “money tree” bass-ackwards. Were the trees in your backyard jealous of those in the front? Should you post pictures of the rest of your trees so they don’t come crashing down, too?
Tomorrow, Gov. Moonbeam will sign legislation raising the minimum wage in California to $15/hr over the next several years. Fiscal impact? Here’s the official summary:
Summary of Fiscal Effects This measure would have the following major fiscal effects on state and local governments:
• Change in annual state and local tax revenues potentially ranging from a loss of hundreds of millions of dollars to a gain of more than $1 billion. Changes in state revenues would affect required state budget reserves, debt payments, and funding for schools and community colleges.
• Increase in state and local government spending totaling billions of dollars per year.
1. So on one hand, it could be either a disaster in state revenue collections or a boon--no one knows--but hey, let’s do it anyways.
2. For sure we know that it will increase govt spending at all levels.
As is Kubota--off to Texas, Fatwa. What’s also interesting is that many state and local govt employees will see their wages increase as well--so govt is no better than those greedy corporations.
Sooo, after spending almost 7k on tree pruning and trimming, I woke to this:
Ugh. Not a wonderful morning surprise, Jerry. High winds?
A blessed Sabbath, Gerbil Nation!
Good morning, Jerry and Sven!
Jerry -- ouch! It appears you have the concept of “money tree” bass-ackwards. Were the trees in your backyard jealous of those in the front? Should you post pictures of the rest of your trees so they don’t come crashing down, too?
G’morning, Jerry, Sven and Paddy!
Criminy, Jerry…sorry you had yet another tree problem! Hope you don’t have power problems, too.
Evil damned trees!
Paddy --
Heh.
So sorry, Jerry! That sucks.
Tomorrow, Gov. Moonbeam will sign legislation raising the minimum wage in California to $15/hr over the next several years. Fiscal impact? Here’s the official summary:
Summary of Fiscal Effects This measure would have the following major fiscal effects on state and local governments:
• Change in annual state and local tax revenues potentially ranging from a loss of hundreds of millions of dollars to a gain of more than $1 billion. Changes in state revenues would affect required state budget reserves, debt payments, and funding for schools and community colleges.
• Increase in state and local government spending totaling billions of dollars per year.
1. So on one hand, it could be either a disaster in state revenue collections or a boon--no one knows--but hey, let’s do it anyways.
2. For sure we know that it will increase govt spending at all levels.
You can thank us later.
Hai, Mac!
Sven --
I guess CA legislators want fewer entry-level jobs.
And must also believe that CKE Restaurants and Toyota North America relocated their HQs to TX on a whim.
But hey…high speed choo-choo to nowhere!!1!
As is Kubota--off to Texas, Fatwa. What’s also interesting is that many state and local govt employees will see their wages increase as well--so govt is no better than those greedy corporations.