Liberal Backlash: See Where New “Living Wage” Minimums Are Already Killing Jobs.
Perhaps it would have been a prudent idea if those progressive legislators to have done a little remedial reading, before implementing their new and improved “Living Wage” legislation. Perhaps on “economics 101”, better yet they could have picked up one of those familiar yellow covered “how to for dummies” book that actually walks a reader through basic common sense principles.
However in the immortal words of Nancy Pelosi “we have to pass the bill so that you can find out what is in it.” And what’s in it has left even some proponents of the minimum wage hikes scratching their collective progressive heads.
Astoundingly one San Francisco (of course) business owner lamented that initially he thought that the imposed legislation was a good thing, however now he realizes that his business would need to generate an additional $80,000 a year to cover the wage increases.
In Settle Devin Jeran a pizza shop employee was just given the news that his job will end in August because his boss will be forced to close down his store along with 11 other employees, sadly this is not an isolated case, and in the coming months hundreds if not thousand of small “mom and pop” shops will be closing their doors or simply reduce staff because of the impending legislation.
Small businesses have up to 6-more years to phase in the new $15.00 an hour minimum wage, however those that are part of a franchise even though in reality they’re a small “mom and pop” store are mandated under this legislation to increase wages within two years.
Obviously slinging a hamburger on a grill shouldn’t be a career choice but rather an entry position into the business world, to gain experience, and learn basic skills for a more rewarding career path. The issue isn’t the minimum wage but rather the inability for some to distinguish between those two choices.