This is going to be a 4 part blog series .
The radicals in San Francisco have joined with the most powerful Union in the city, the SEIU, to put on the November 2014 ballot a proposition making the minimum wage in San Francisco $15 an hour. There are many things about this proposition that relate to the issue of Pro Commerce. This is the most anti-commerce idea since Karl Marx proposed a society run by the proletariat.
Let us begin with the question whether the proposition can pass. San Francisco has roughly 700,000 people who could vote. About 380,000 people do vote in a general election. There is no possibility that pro commerce conservatives could defeat this proposition. Only 52,000 San Franciscans voted against Obama in 2012, the most anti-commerce president in 60 years. It will take roughly 160,000 people to stop this proposition.
The union forces in this city are very powerful especially the police and fire departments who will benefit significantly from the proposition. Their union wages are based on the minimum wage with a ladder of wages rising from that point. A $15 minimum wage would be an increase of the current $10.72 by roughly 40 percent which would raise the entire local wage scale by that amount.
$15 an hour is not the cost to the business when all other costs such as Social Security, mandatory healthcare, vacations, mandatory sick leave and worker’s comp are included; the cost per hour is $21.
The San Francisco Board of Supervisors are likely to put another proposition on the ballot with a lower minimum wage number in hopes of splitting the minimum wage vote.
I believe that the $15 proposition has a fairly good chance of passing because the Democrat-Union national ideology, as set by President Obama and his clique of Lefty extremists, have made this a membership requirements for all Lefties in America. All 320,000 voting Democrats, who live in the city, believe in this ideological proposition.
I won't take this opportunity to make predictions on the likely passage of this proposition. I will use this as an opportunity to discuss the ways this proposition will turn San Francisco into Detroit in a few short years.
This is not minor. When New York approached bankruptcy in the 1970's it drove most of the financial companies out of Manhattan to New Jersey and Connecticut. Wall Street is no longer on Wall St. and London took over the major financial work of the globe.