Posted on 06/17/2017 10:21:01 AM PDT by HarleyLady27
In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”
The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.
Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.
As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.
(Excerpt) Read more at fresnobee.com ...
Does the wage law say the restaurants can’t raise their prices to compensate. What do they do when the price of meat or potatoes go up?
“I read an article last week that said that Disneyland had raised it’s prices so high that the average family can’t afford going there anymore...”
Easy $700 day for a family of four after parking, some chow and some Chinese made Souvenirs. Lived 15 miles away for all of my 58 years. Haven’t been there since my late teens.
Seriously, who can make it in San Francisco on $15 per hour. The cheap ba$+ard legislators should have insisted on a minimum wage of $100,000 per year. If you buy their argument that raising the minimum wage won’t harm the economy, why not do it right?
If the government is going to keep this absurd level of immigration, which is killing wages, then I think a minimum wage is a good idea. I guess that makes me a communist in your eyes.
We have Hungarians and Bulgarians working in the Cannibis fields of the Emerald Triangle...
Are the rides free?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.