You have to pass increases on to consumers. The owners can't absorb them.
This is basic stuff. Profit margins are too thin in hospitality and restaurants. They go out of business when people like democrat congressmen who have no idea what P&L means nor how to calculate them, artificially raise prices with simple irresponsible legislation. None of the idiots in CA who voted for this have ever run a successful business. Doubling and in some cases tripling salaries when those positions of employment are not worth that amount, is about the dumbest fucking thing one can do which is precisely why it is virtually always democrats who do it.
There is zero defense of this. A living wage is the responsibility of the individual. Just because one doesn't prepare themselves for life after 18 doesn't mean everyone else has to pay for it.
The funny part of this whole thing in CA? The rats have lost the working class and they think this is how to get them back. They do this for votes. The 1000's who will be laid off because of this ain't voting for democrats. The rats are literally their own worst enemy.
Tariffs which drive up costs for Americans are bad. Wage controls which drive up costs for Americans are good. When I was at Oregon they actually had a pretty good economic program (except for all the Keynesians). Soccer duck apparently swallowed the current discredited Marxist labor theory of value and here we are.
This is the other part that the dumb commies aren't thinking about here. The minimum wage disproportionately hits hospitality and small business and those businesses will lay off and automate. See every McDonalds now having kiosks to order and only one person at the counter for the old people who can't figure it out.
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Oh you gals
You have to pass increases on to consumers. The owners can't absorb them.
This is basic stuff. Profit margins are too thin in hospitality and restaurants. They go out of business when people like democrat congressmen who have no idea what P&L means nor how to calculate them, artificially raise prices with simple irresponsible legislation. None of the idiots in CA who voted for this have ever run a successful business. Doubling and in some cases tripling salaries when those positions of employment are not worth that amount, is about the dumbest fucking thing one can do which is precisely why it is virtually always democrats who do it.
There is zero defense of this. A living wage is the responsibility of the individual. Just because one doesn't prepare themselves for life after 18 doesn't mean everyone else has to pay for it.
The funny part of this whole thing in CA? The rats have lost the working class and they think this is how to get them back. They do this for votes. The 1000's who will be laid off because of this ain't voting for democrats. The rats are literally their own worst enemy.
Tariffs which drive up costs for Americans are bad. Wage controls which drive up costs for Americans are good. When I was at Oregon they actually had a pretty good economic program (except for all the Keynesians). Soccer duck apparently swallowed the current discredited Marxist labor theory of value and here we are.
I was probably at Oregon the same time as you, so none of that was a thing yet. You thought you had something, though.
This is the other part that the dumb commies aren't thinking about here. The minimum wage disproportionately hits hospitality and small business and those businesses will lay off and automate. See every McDonalds now having kiosks to order and only one person at the counter for the old people who can't figure it out.
Who you callin' old?
I was probably at Oregon the same time as you, so none of that was a thing yet. You thought you had something, though.
You post as if you’re 14 right now. What went wrong?
didn’t know you liked em young, Christina.
didn’t know you liked em young, Christina.
”I’m trolling”
say Chris