California restaurants ax jobs and raise prices ahead of new $20/hour minimum wage mandate since i was told to comment on a post i create here goes. prices up, jobs down unemployement up tax payers paying out up
So no one can ever get more pay cuz the world will end? What kind of mumbo jumbo nonsense are you peddling for the record 3rd time on the same subject?
so if higher wages are good for some, but others lose their jobs is that ok with you? maybe the ones who keep their jobs and higher wages will help out those who lost theirs, don't think so, do you?out of 100, what percent of workers do you think will lose their jobs?
When wages are low people lose their jobs and get laid off and companies blame some other bullshit reason. Guaranteed employment isn’t at thing in a capitalist economy.
but this is not a bullshit reason, it will be a direct affect of the law newsom signed, too bad chipolte got caught.
Whether you are paid $18 or $20 an hour if the company can do more with less they will. You think companies give out excess hours for fun? Why are you so irked people get a living wage? Employment is great in California.
Personally I'm ok with the tradeoff of some people making something closer to a living wage at the tradeoff of other people losing a job with a much lower wage. A lot of those are probably 2nd or 3rd jobs anyway since they weren't making a reasonable wage at their first job to begin with.
or maybe the biden economy is so bad they need to work more than 1 job to make ends meet, if they can afford the gas in their cars to drive to a job.
What's your main gripe with this? Do you own a small business and are worried about the implicationsof this proves effective? Is it the unfairness that you had to work a low level job for low pay and now others will have it better? Is it genuine concern for workers who may lose their job?
my concern is this is a typical liberal let's stick it to big business law, lets make their profits shrink not thinking of the long range affect of job loss and price increases, which might lead to less customers eating at fast food leading to more layoffs, or closure due to non profit, but hey, newsom pleased his democratic voters. wonder if desantis did this the reaction would be the same?
If Desantis did this I would be so stunned I wouldn't know how to react, but he wouldn't do anything like this anyway so it's a wasted thought exercise. And don't worry about the corporations, they'll use this as a pretense to raise their prices by a disproportionate amount to make even more than they were before. Same as they did immediately after the word inflation was uttered for the first time.
so how do you think customers will react to a 8.00 big mac? me, i say they stop going causing even more layoffs, price increases, a vicious circle.
I'm fine with fast food being priced at whatever it needs to be in order to prevent the people from preparing it to have to live in poverty. It's definitely a change, and will hurt the McDonalds of the world but that's probably not a bad thing. People will buy food from other places with higher quality food who already pay their staff better. Or maybe they'll be more inclined to make food at home instead of eating that trash in the first place. Let's see how it works out - maybe it will fail miserably or maybe it will raise the standard of living for a significant number of people.
The OP is a one trick pony. He runs here every time a state raises the minimum wage to whine that his Krystal burgers will be going up in price another 50 cents. We get it--you hate labor and love stockholders even though you are likely more closely aligned with the former group not the latter. You are in the "Chickens for Colonel Sanders" club.
If they don't eat fast food where will they spend that money? At other places that also employ people?
