Liberals subscribe to magical thinking, believing that free college tuition and free health care to illegals will somehow end up a net win for the public. But reality often intrudes on this magical thinking like a big pimple on the end of your nose, and it is painful and unsightly. In this case, the laws of economics are intruding into the magical thinking of liberal politicians in San Francisco (as if there were any other kind there), and it is a growing problem.
San Francisco has declared that the minimum wage in the city, now being replicated in several other fact-challenged cities, will rise to $15 by 2018, and polls there predict happy, better-paid workers who will finally have a “living wage.” They have also insisted that this will not increase inflation and that it will be a boon to the minimum wage worker. That is a lie. And the impact is just now showing up as the first mandated rise from $10.74 to $12.25 is being implemented by certain retailers.
See who is raising prices in San Francisco, page 2:
No$#%&!@* any surprise, nothing is free.
Inflation
No
Inflation=the federal reserve devaluing our money. We need to go back to silver
Food is NOT counted when determining inflation. Why I received no SS increase.
What did they think would happen
What these idiots don’t understand is its all relevant. If you have to pay more for workers the people have to pay more for goods and services. The spiral continues.
Joan your an air head idiot.
You probably won’t be eating anywhere Richard Cassidy. They are all going to have to do it. I realize liberals can’t learn but you should try. Take an economics class and pay attention. You will learn something.
Roger puffer. Liberals in general are self destructive.