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:
All of California should have a $30 an hour minimum wage. LOL I have already vowed to avoid any fast food restaurants until they replace the whining no qualification workers with a machine. I’ll never go to McDonald’s again and have to cross the picket line for whiners wanting 15 bucks an hour
Skimmed the article
Obviously
The politicians want the min wage to go up not to help the employees but to help them acquire more tax money faster. They “need” more so they can squander more.
Can’t wait to see you start your own business, hire a bunch of people and pay them a “livable wage” (as defined by THEM, not you), then watch you do the math as you struggle to grasp exactly HOW red your ink is, then shuffle down and file bankruptcy.
Start to finish should take around five hours or so.
Fix the soft money(valuation) instead of trumping wages
Jeffery Brenner, do you realize that although Chipoltle is a international chain, the individual store are owned by franchisees who are all considered small business. It is amazing how dumb liberal socialists are to the big picture.
Yes i am a dumb liberal socialists. Name calling. Very effective 1st grade debate tactic. You belong on stage with Trump
I’m learning to cook more interesting food at home. Who needs overpriced fast-food?
There was a study done at Purdue about this, if the minimum wage was instantly pushed to 15 an hour the cost of most fast food joints will go up by 4.3 percent