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 $12.25 is being implemented by certain retailers.
See who is raising prices in San Francisco, page 2:
Lol
stupid anti business laws will not work Quit regulating people out of busineess
Keep those cities open that harbor criminals no more fed monies all those illegals coming in Poor Taxpayers Poor Senators That state is broke WAIT going to get worse
Higher costs mean less jobs. The business needs income to operate. The total won’t change, so something gets cut–less jobs.
You should get paid for what you are worth to the company! Why should a c**p worker get the same as someone who is going the extra mile? It’s the same old,” every kid gets a trophy Attitude”! It’s not that way in the real world, unless you are in Russia or a communist country.
Which number for the Ebola
Let California do whatever they want let’s make an example and show the world
Even though after a hundred years of being enslaved …. liberals crave it. Again. ..lol.. and are basically demanding it this is so crazy they have so many people enslaved right now what is wrong with people
They are too dumb to figure out the consequences
One of these days we’ll be paying 10$ for a loaf of bread if people working jobs like slinging hamburgers wanting 15$ an hr. A year from now they will want 18$ hr or more. I believe in raises but be reasonable.