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:
Pretty awesome PR move after getting a bunch of people sick and tanking your stock.
No you’re right, the employees only lose hours and their jobs because the company is losing business.
Why does the building look like it was built in minecraft by a 9 year old
Steve- did you ever take a logic course?? Jesus Christ Almighty, boy. The story is about CHIPOTLE. No one is defending CHIPOTLE….you and Matthew ought to follow Sam Clemens’ advice- it’s free, and it’s fantastic…”It’s better to be thought a fool and remain silent, than to open your mouth and remove all doubt. ” Solid advice for every nincompoop.
F**k chipotle.
To bad the something for nothing group aren’t educated enough to figure this out. A burger server should not make as much as a college graduate. McDonalds is not designed to be a life time job. Also in restaurants when the minimum wage goes up, food prices go up, tips fall off. Law of averages. Before you know it there will be no entry-level jobs. Greed loses every time in the end.
I say let’s up Minimum Wage 100%, that’s way better
Stupid Democrats.
So Magical it keeps working everywhere it’s tried….weird.
If minimum wage has a direct correlation to costs, why have costs gone up for the last 20 years, yet the wage has stagnated?