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Ron Unz, a Silicon Valley multimillionaire and registered Republican who once ran for governor, wants state voters to endorse the wage jump that he predicts would nourish the economy and lift low-paid workers from dependency on food stamps and other assistance bankrolled by taxpayers. Unz says taxpayers for too long have been subsidizing low-wage paying businesses, since the government pays for food stamps and other programs those workers often need to get by.

He believes higher wages would make the jobs more attractive to U.

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Businesses could raise their prices a fractional amount to cover much or most of the cost of the higher wages, which in turn would feed the economy with spending, he argues. He estimates that discount retailer Wal-Mart, for example, could cover the cost with a one-time price increase of about 1 percent.


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Would it be a wash for taxpayers if social spending decreases but the price of consumer goods rises? The proposal is under review by the state attorney general, and if it clears that hurdle Unz can then begin gathering tens of thousands of petition signatures needed to qualify for the November ballot. He believes higher wages would make the jobs more attractive to U.

kick-cocoa.info/components/voqiwuqa/huq-intercettare-whatsapp.php Businesses could raise their prices a fractional amount to cover much or most of the cost of the higher wages, which in turn would feed the economy with spending, he argues. He estimates that discount retailer Wal-Mart, for example, could cover the cost with a one-time price increase of about 1 percent.


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Would it be a wash for taxpayers if social spending decreases but the price of consumer goods rises? The proposal is under review by the state attorney general, and if it clears that hurdle Unz can then begin gathering tens of thousands of petition signatures needed to qualify for the November ballot.

State labor leaders might seem likely potential supporters, but at this point, Unz is being viewed cautiously because of his history in conservative causes.

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Also, labor is eager to link future increases in the state minimum wage to the rate of inflation.