Part 2 of 2
While reviewing Propositions 32, 33, 34 and 35, these proposals in this upcoming election generally revolve around the state government’s efforts to manipulate economic forces and find new ways to tax us.
These attempts are bait-and-switch endeavors to have voters interfere with the natural laws of supply and demand and increase aid to “the poor.”
Proposition 32 would authorize the state minimum wage to increase to $18 an hour. In an attempt to “give extra money” to the “working class,” the demand for labor is already artificially high, but higher does not mean better.
Of course, in some urban locations, like in L.A., the cost of living is more than in most rural areas. Up to a $2 per hour difference in prevailing wages exists within our state based on local minimum wages.
This is another flawed attempt to force employers, and therefore customers and clients, to pay more for everything. As workers make more, they spend more, increasing the cost of rent, food, gas, etc. The notion of giving out extra money for the same work perpetuates inflation, harms those on fixed incomes, and diminishes incentives for businesses to add staff.
I am voting “No” on 32.
Proposition 33 would allow local governments to impose rent controls and enact........