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:
and next automation
Chipotle has bigger problems than wages, lost customers due to food safety, so don’t blame wages.
A minimum wage increase would not effect gas prices at all or transportation fees
A landlords rent would go up but so would his property value
Property owners would stand to make a ton
Forcing businesses to pay more by government order is NOT productive. Bring the jobs back to America so employers will compete for workers. We have a surplus of workers now, so they can get people to work for less…It’s called Supply and Demand…a VERY basic economic principle which some people are just too stupid to understand.
Nothing is free We the People are the ones who fay for their “Free” college tuition, Health Care. ITS A TAX ON THE AMERICAN PEOPLE’S WAGES. ILLEGAL 100%. Government is not ALLOWED to Tax we the People WITHOUT the people saying its ok. Read your constitution and learn it.
The migration or Importation of such Persons as anyof the States now existing shall think proper to admit, shall not be prohibited by the Congress prior to the Year on thousand eight hundred and eight, but a tax to duty may be imposed on such Importation, NOT to exceeding ten dollars for each person. read your constitution America .
The market will re-adjust and min wage workers will still not make a living wage.
This is not the first time this has happened.
You take from one pocket and put it in the other.