AmericanLookout: The left always wants the government to raise the minimum wage rather than letting the issue be decided by businesses and the free market.
As a result, there are always consequences that come with raising the minimum wage. While leftists congratulate themselves for raising the rate, businesses close.
That’s what’s happening in San Francisco right now.
The Washington Examiner reports:
Hike in minimum wage prompts more closings of San Francisco restaurants
San Francisco’s higher minimum wage is causing an increasing number of restaurants to go out of business even before it is fully phased in, a new study by the Harvard Business School found.
The closings were concentrated among struggling, lower-rated restaurants. The higher minimum also caused fewer new restaurants to open, it found. more
Again, gummit do gooders, with the best of intentions, think they have to fix something not broken. And predictably, the laws of unintended consequences prevail. Nothing new here, happens all the time. Do gooders just refuse to admit what failed in the past is going to fail in the future.
who could have seen this coming…
If it ain’t broke, they want to break it.
It would have been more interesting to have interviews with owners that squarely blame the minimum wage increase on the closure of the restaurant as well as interviews with staff now unemployed. I’m not sure how Harvard determined a place closed because of the minimum wage or because it was already on the edge and sliding sales tipped it over.
WOW!
Coulda knocked me over widda feddah!
Hmm! Imagine that!? Stupid gov’t bullshit having an effect on real people?
Say it ain’t so!
izlamo delenda est …
Silly liberals! They still haven’t learned that no matter what laws you pass, the real minimum wage will always be $0.00.
Seriously, though, who in his right mind would consume any-fukkin-thing in San Francisco?
Don’t put that in your mouth!
You don’t know where it’s been!
You don’t know who’s been handling it!
Ewwwww …
izlamo delenda est …
Hungry? Let them eat paste.
Cloward and Piven. Overwhelm the system. Bring it down and replace it with totalitarian communism.
The increased minimum wage is sort of a gift for larger corporate chains that can afford automation and weather decreased revenues while they gradually increase prices to compensate. Small businesses can’t do the same. Gone will be the mom and pop restaurants, hair salons, and shops.
The fix? Gov’t owned and run restaurants. Coming soon to a bridge near you.
Well paint my toenails red and call me Mabel. Who would have ever guessed that this would happen.
Lefties built a Food Desert.
Well butter my butt and call me a biscuit. There was no way anyone could have predicted this./s
This will kill the standalone mom and pop’s, which ironically are usually the better/kinder employers to work for.
The big chains will be fine. Robot kiosks and Japanese train station type mandatory self service. Prices will go up and stay up, despite the cost savings of automation.
The Left destroys everything it touches.