Liberals subscribe to magical thinking, believing that free college tuition and free health care to illegals will somehow end up a net win for the public. But reality often intrudes on this magical thinking like a big pimple on the end of your nose, and it is painful and unsightly. In this case, the laws of economics are intruding into the magical thinking of liberal politicians in San Francisco (as if there were any other kind there), and it is a growing problem.
San Francisco has declared that the minimum wage in the city, now being replicated in several other fact-challenged cities, will rise to $15 by 2018, and polls there predict happy, better-paid workers who will finally have a “living wage.” They have also insisted that this will not increase inflation and that it will be a boon to the minimum wage worker. That is a lie. And the impact is just now showing up as the first mandated rise from $10.74 to $12.25 is being implemented by certain retailers.
See who is raising prices in San Francisco, page 2:
For the life of me I cant understand people that think raising the minimum wage helps all it does is raise prices on everything and bring down the wages of people that have worked the same job for 20 or 40 years people are Idiots .
What you expect them to do?? Bunch of idiots.
getting sick will cost you more now
Raise prices and see how long you’ll last
Of course. This is what thinking people call BASIC MATH.
Well they also said that they had to raise prices when gas was 4.00 now you don’t hear them saying anything like we are lowering our prices because gas is and has been 2.00 a gallon for more than a year now
A increase in wages also includes in increase in employer taxes so the net result is actually higher than just the wage increase. So the price increased should be probably over 16% or more
That is what happens…simple math sense…
Stupid is as stupid does
Libs don’t get that these jobs are nonskilled first time jobs for primarily first time workers. Increase the pay you get to fully support yourself with no government assistance. However the businesses have a profit margin they will meet.