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 $12.25 is being implemented by certain retailers.
See who is raising prices in San Francisco, page 2:
Because its the CEO’s job to save the company money. Probably to find a way to pay increasing labor costs and keep a company profitable so investors will continue investing in their brand.
you can’t expect the rich folks who don’t like to work to possibly lose a whole day of not caring. America is not built on Unity it’s built on one person being above the other so yeah
Yeah, Chris. Shut the$#%&!@*up
Anthony Comeau
Just wait, lots of these establishments will be going automated, eliminating more jobs to compensate for the forced rise of the minimum wages. Don’t have to pay a machine. So go ahead and demand higher wages, then start looking for another job. Good luck.
Raise minimum wage and everything will follow and after a while the low income wage earner will be back where they started….at the bottom.
It’s ok people ,calm down idiots like chris are what’s wrong with the world ,just look around theres one running the white house as we speak. With a person being in electronics Ole chris should know there electronic vendors now that are taking the places of people in restaurants WHERE THERE HAS ALREADY BEEN the higher minimum wages imposed ,and jobs lost . These fast food joints can’t afford to pay the high wages and survive .
http://www.google.com/aclk?sa=l&ai=DChcSEwjFkaX25ZXNAhVEG4EKHf7YBmAYABAA&sig=AOD64_0kZ13OFBSdZyePxisb4X7PEXaP0g&ved=0ahUKEwj_56H25ZXNAhXFNiYKHZBOBhkQ0QwIGw&adurl=
I think they ate doing this so that corps just completely do away with human workforce. It creates government welfare needs, which they want at %100 so they can move to dictatorship.
Finally someone that understands economics!