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:
This is why liberal thinking is so messed up. You cant fix stupid. Liberals are proof of that
Ya think?
But they MEANT well
SAYS IT ALL
What you don’t understand Tony . is that every business operates on a profit margin . of you do not maintain that margin then you have to start citing jobs or raise the price of goods . so if you raise the price of goods to keep the same number of employees then the consumer pats the difference. And in turn your raise becomes meaningless. Now sure your making more in your paycheck but now your spending 10 to 15% more for the same stuff you buy to live . the only advice I can give is learn a trade or a skill or get a degree to better yourself and squire a better paying job. You get out of life what you put into it . don’t just work at a pointless job figure out how to always better yourself
What you don’t understand Tony . is that every business operates on a profit margin . of you do not maintain that margin then you have to start citing jobs or raise the price of goods . so if you raise the price of goods to keep the same number of employees then the consumer pats the difference. And in turn your raise becomes meaningless. Now sure your making more in your paycheck but now your spending 10 to 15% more for the same stuff you buy to live . the only advice I can give is learn a trade or a skill or get a degree to better yourself and squire a better paying job. You get out of life what you put into it . don’t just work at a pointless job figure out how to always better yourself
What you don’t understand Tony . is that every business operates on a profit margin . of you do not maintain that margin then you have to start citing jobs or raise the price of goods . so if you raise the price of goods to keep the same number of employees then the consumer pats the difference. And in turn your raise becomes meaningless. Now sure your making more in your paycheck but now your spending 10 to 15% more for the same stuff you buy to live . the only advice I can give is learn a trade or a skill or get a degree to better yourself and squire a better paying job. You get out of life what you put into it . don’t just work at a pointless job figure out how to always better yourself
What you don’t understand Tony . is that every business operates on a profit margin . of you do not maintain that margin then you have to start citing jobs or raise the price of goods . so if you raise the price of goods to keep the same number of employees then the consumer pats the difference. And in turn your raise becomes meaningless. Now sure your making more in your paycheck but now your spending 10 to 15% more for the same stuff you buy to live . the only advice I can give is learn a trade or a skill or get a degree to better yourself and squire a better paying job. You get out of life what you put into it . don’t just work at a pointless job figure out how to always better yourself
Let the liberal cities impose these wage increases. Businesses will begin by laying people off, then closing and finally leaving as it will not be sustainable. So, San Francisco, raise the minimum wage. The free market will determine if it is sustainable.
You see Tony what you don’t understand is a business operates on a profit margin . if you raise wages then you have to maintain that margin . so what happens is either the business will raise the cost of goods or eliminate positions . so let’s say they decide to just raise the cost of goods as to not lay any employees off . now all the employees are making 15% more now the business raise its price by 15% or maybe even 10 the raise that you got becomes meaningless because now you are paying more for the things that you buy to live.my advice is learn a skill or trade or get a degree and find a job that is a career not a starting job