We Are Seeing The Effects of Minimum Wage Rise In San Fran

[libertybele]

Surprised Anyone?  The liberal leftist mental midgets will finally get it when it affects them.

We Are Seeing The Effects Of The Minimum Wage Rise In San Francisco

As we keep trying to point out to people there really isn’t anything even remotely resembling a free lunch when it comes to the discussion of wages and labor. Meaning that just because well meaning liberals wave their magic wand and decree that wages will rise there will indeed be countervailing effects. And in San Francisco, where the minimum wage was recently raised we did indeed see that comic book shop insisting that it just couldn’t survive. And now we’ve another tale, this time from Chipotle. Beef prices have been rising around the country so they’ve raised the prices, around the country, of their beef products. Wages in San Francisco have been rising strongly so they’ve raised the prices of all their products in San Francisco strongly. There really is no free lunch. A rise in wages will come out of either less labor being employed, lower profit margins (and fast food doesn’t have those wide enough to take the strain) or price increases to consumers...

...As we’ve been saying all along: a rise in the minimum wage really does destroy jobs.

http://www.forbes.com/sites/timworstall/2015/07/07/we-are-seeing-the-effects-of-the-minimum-wage-rise-in-san-francisco/?utm_campaign=yahootix&partner=yahootix

[JohnnyReb]

Surprised Anyone?  The liberal leftist mental midgets will finally get it when it affects them.

We Are Seeing The Effects Of The Minimum Wage Rise In San Francisco

As we keep trying to point out to people there really isn’t anything even remotely resembling a free lunch when it comes to the discussion of wages and labor. Meaning that just because well meaning liberals wave their magic wand and decree that wages will rise there will indeed be countervailing effects. And in San Francisco, where the minimum wage was recently raised we did indeed see that comic book shop insisting that it just couldn’t survive. And now we’ve another tale, this time from Chipotle. Beef prices have been rising around the country so they’ve raised the prices, around the country, of their beef products. Wages in San Francisco have been rising strongly so they’ve raised the prices of all their products in San Francisco strongly. There really is no free lunch. A rise in wages will come out of either less labor being employed,  lower profit margins (and fast food doesn’t have those wide enough to take the strain) or price increases to consumers...

...As we’ve been saying all along: a rise in the minimum wage really does destroy jobs.

http://www.forbes.com/sites/timworstall/2015/07/07/we-are-seeing-the-effects-of-the-minimum-wage-rise-in-san-francisco/?utm_campaign=yahootix&partner=yahootix

Deport illegals...shortage of labor....wages rise and maybe some of the dead beat government teat suckers will get off the couch.

[the county]

Same thing is happening over in Seattle, yet another Left Coast sanctuary city. If they are so concerned about low wages, maybe they should stop encouraging Pedro to take these jobs to keep their wages down.