Thursday, July 11, 2019

"The anarchists sure have a whole bunch of rules"

Yes, but only the ones they use to protect themselves.

Surprise!(but only if you weren't paying attention)
The announcement, however, mirrors labor trends on the east and west coasts. BLS data show that New York City experienced its sharpest decline in restaurant jobs since 9/11 following its passage of a $15 minimum wage law. In California, a local newspaper recently detailed how an entire business district virtually disappeared following the city’s aggressive minimum wage push. 

Restaurants Unlimited’s announcement came a day before the Congressional Budget Office released a report estimating that a House bill designed to raise the federal minimum wage to $15 an hour would cost 1.3 million jobs.

1 comment:

cannon said...

when the minimum wage was $2.00, it wasn't a living wage. and neither was $3.00, $350,%, $6, and $7. reason being, as soon as they raised the minimum wage, inflation soon ate it up. and raising the minimum wage to $15 will only fuel a huge inflation spike, and very soon everyone making $15 will be making a unlivable wage.
add to that, everyone NOW making $9, $10, $12 will be making minimum wage. how do you think they will like that???
what a loser idea.