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:
these asswipes still don’t realize no matter what minimum wage is the American workers r still gonna end up on the short end of the stick.
economics 101, raise the cost of production, raise the cost of the product. college educated politicians collecting votes. destroying jobs. standard democratic policy.
I don’t eat there anyhow.
Raise wages so you can PAY MORE TAX!
My guess, everyone is complaining about the increase in prices. I can only surmise that they were too ignorant to realize that an increase in wages would ultimately result in an increase in prices. Enough said.
We are in the right direction alright……
Government knows nothing about business, they can’t even balance their own budgets
Good
GREEDY GREEDY
For every action there’s a reaction. DUH!
how about being happy with ..say 1 billion in profits instead of GREEDY wanting 2 billion ..society as a whole is in serious trouble morally