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:
There is no need for minimum wage to be raised.
The business has to pass the cost increase along. Anyone who thinks otherwise is dreaming. Maybe some liberals need a couple of years of economics in order to understand cause abd effect.
So glad I don’t live on the left coast.
People will continue to demand to be paid a livable wage, employers will continue to find and maintain ways to keep their profits high. Theres a term for this.
One day the right to live will have to be a part of the equation rather than to the right to greed being the sole proprietor
YOUR GOING TO SEE A LOT OF PLACES CLOSE DOWN BECAUSE OF THIS $ 15.00 DOLLAR RAISE.
More people are gonna be unemployed because robots now become a viable alternative.These are jobs for kids and people working their way thru college.Also seen where now the low life’s complain because they male too much and it messes up their government benefits.These people are too dumb to think things through.This country is doomed.God bless America and Donald Trump!!
So fast food restaurants might be closing? Where’s the harm in that?
As was expected many places has already raised prices to compare with raise. Most eating places are privately owned. They show the name of the big Company, but the big Company doesn’t give any monetary help to the eatery place . , Also, the Unions are very happy to get more members and dues. The people get sruck in the end – employment number gets smaller.
By the year 2020 there will be no business left who can pay the $15 an hour except Silicone Valley and you need a masters minimum. So my question for everyone, so you pay a fry cook $15 what does it do to the rest of us! Everyone will want a pay raise in salary across the board. This is going to be a big big problem. What will you command from your employer? Thanks governor brown for destroying California you$#%&!@*!!
I WOULD CLOSE MY DOORS AND MOVE OR PUT MACHINES TO WORK