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No Subway $5 Footlongs In SF, 'Cost of Doing Business' Too High ($10.24 min wage)
NBC Bay Area ^ | 03/29/12 | Chris Roberts

Posted on 03/29/2012 6:41:19 AM PDT by nhwingut

The catchy Subway sandwich shop jingle involving a variety of foot-long sandwiches available for $5 doesn't apply in San Francisco. [SNIP] Apparently, the city's new minimum wage, raised to $10.24 as of Jan. 1, make $5 footlongs an impossible business model.

(Excerpt) Read more at nbcbayarea.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: employment; sanfrancisco; subway; taxes

1 posted on 03/29/2012 6:41:26 AM PDT by nhwingut
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To: nhwingut

Supports my argument that I’ve made all along. Fine — raise the minimum wage to $100 per hour. Welcome to the $27 Big Mac, and $50,000 “economy cars”. But unfortunately you can’t explain to those making minimum wage how that actually works.


2 posted on 03/29/2012 6:51:27 AM PDT by cincinnati65 (Romney is not MY candidate for President in 2012.)
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To: nhwingut

Common saying in San Francisco.

“Is that a footlong?”

“And then some.”


3 posted on 03/29/2012 6:52:54 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: nhwingut

I wouldn’t be comfortable eating a hotdog in SF anyway...too many images would crowd my mind as I ate it.


4 posted on 03/29/2012 6:59:47 AM PDT by moovova (Comments at FreeRepublic are WAY MORE interesting than the articles.)
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To: nhwingut
I love the comments left about greedy corporations.

Typical liberal idiots, don't even realize that most subways are independently owned. Maybe some owners own 2 or 3, but hardly a big evil corporation.

I knew someone who owned one. Said he made between $50-60k a year, but required ALOT of his time. He said it was better for him to work a regular job.

5 posted on 03/29/2012 7:04:05 AM PDT by mountn man (Happiness is not a destination, its a way of life.)
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To: moovova

Just do like I do; start in the middle.


6 posted on 03/29/2012 7:08:02 AM PDT by WinMod70
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To: WinMod70

“Just do like I do; start in the middle.”

Mmmmmmm.....oh sorry.


7 posted on 03/29/2012 7:10:23 AM PDT by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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To: dfwgator

And don’t go into a convenience store in San Fran and order a slurpee.


8 posted on 03/29/2012 7:10:26 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: mountn man
He said it was better for him to work a regular job.

Yeah, buying a franchise like that is tantamount to buying yourself a job. That's not to disparage it, but it's no get-rich-quick scheme.

As for the SF minimum wage; these people are complete dopes. Unequivocal, absolute, dyed-in-the-wool idiots. Prices rising because of higher minimum wages hit the people working for minimum wage the hardest wiping out the pay increase.

It is only when pay raises are a result of improved productivity that an employee benefits.

9 posted on 03/29/2012 7:13:01 AM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: nhwingut

Bump


10 posted on 03/29/2012 7:15:01 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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To: dfwgator
Bachelor Party — Tom Hank's — Male Strip Club
11 posted on 03/29/2012 7:16:10 AM PDT by bmwcyle (I am ready to serve Jesus on Earth because the GOP failed again)
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To: bmwcyle

I liked Tom Hanks a lot more back when he was making movies like “Bachelor Party.”


12 posted on 03/29/2012 7:17:10 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: dfwgator

Saving Private Ryan is when Tom could no longer save himself.


13 posted on 03/29/2012 7:20:32 AM PDT by bmwcyle (I am ready to serve Jesus on Earth because the GOP failed again)
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To: WinMod70

I rue the day moochelle takes our hotdogs away from us...


14 posted on 03/29/2012 7:20:43 AM PDT by moovova (Comments at FreeRepublic are WAY MORE interesting than the articles.)
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To: blueunicorn6

And, whatever you do, if you drop a ketchup packet on the floor...DO NOT BEND OVER to pick it up.


15 posted on 03/29/2012 7:22:34 AM PDT by moovova (Comments at FreeRepublic are WAY MORE interesting than the articles.)
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To: nhwingut

People lament that the dollar is not based on anything. No gold standard, no connection to anything real, just floating.
But it is.
The dollar is, by law, based on the mundane labor standard.
It varies by jurisdiction; in SF, $1 = 5 minutes 51 seconds of any low-wage task that pretty much anyone can do (sweep floors, make subs).
Six minutes of minimal-skill labor does not have much inherent value. Ergo, a dollar has little value ... and the higher they jack the minimum wage, the less each dollar is worth.


16 posted on 03/29/2012 7:28:06 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com/)
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To: moovova

17 posted on 03/29/2012 7:33:47 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: cincinnati65

Such a place already exists. It is called “Denmark”.

My friend’s son went over there. Dishwashers make $23 per hour with full benefits. And a sandwich and glass of beer will set you back twenty-five bucks.


18 posted on 03/29/2012 7:43:40 AM PDT by Buckeye McFrog
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To: nhwingut

19 posted on 03/29/2012 7:45:21 AM PDT by Liz
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To: nhwingut

minimum wage from $7 to $10.24 would be a 50% increase

remember... union contracts are based on a PERCENTAGE above minimum

the san fran mob bosses just gave the unions a 50% pay raise


20 posted on 03/29/2012 7:59:26 AM PDT by sten (fighting tyranny never goes out of style)
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To: nhwingut

I swear, if I owned a chain of stores of any kind, I would completely pull out of any city that had a separate minimum wage. And probably pull completely out of California, New York, and Massachusetts just for good measure. Let ‘em go to hell on their own.


21 posted on 03/29/2012 8:44:35 AM PDT by backwoods-engineer (I will vote against ANY presidential candidate who had non-citizen parents.)
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To: nhwingut

BROWN_BAGGING_IT_PING!


22 posted on 03/29/2012 8:50:37 AM PDT by The Duke
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