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 always gonna be need for minimum wage. FDR himself said minimum wage is intended to be a living wage.
All work is dignified.
Duh,…….!!!
It’s a no- brainer 😉
Who would have quessed that?????
The government on any level needs to stay out of the private sector. Nothing government does ever works. Sorry for the whine but this country needs a liberal enema.
REALLY, if people think that raising the minimum wage isn’t going to change prices, they are living in a fantasy world. Plus the next thing we will be hearing is how 15.00 an hour is not enought to live on. I lost my government assistance and now I can’t afford health insurance or food or rent. Mark my word!
The overhead in any restaurant is realy high. Business owners are in the business to make a profit. Of course they will raise the prices of their product rather than accepting a lower profit.
Let’s not conflate government crimes with individual crimes.
You are truly an ignorant moron and have absolutely no understanding of economics whatsoever.