Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-20-2019, 03:44 PM
 
8,572 posts, read 8,567,412 times
Reputation: 4684

Advertisements

Quote:
Originally Posted by pierrepont7731 View Post
It makes a lot of sense. Restaurant profits aren't that great. Profits are slim for the most part, not unless you have nice turnover with the tables. With rents going up up up and wages increasing, there's only so much that can be absorbed.


No shock as at some point buying dishwashing equipment makes sense. Labor is the easiest cost to cut. The minimum wage has almost doubled over the past several years, and yet poverty rates have barely budged, so clearly some aren't working as many hours that they once did.


A minimum wage is just that. A minimum wage. Fully grown adults aren't supposed to be earning this so one needs to think why so many are trapped in these dead end jobs.
Reply With Quote Quick reply to this message

 
Old 02-20-2019, 03:48 PM
 
8,572 posts, read 8,567,412 times
Reputation: 4684
Quote:
Originally Posted by OyCrumbler View Post
Like ballooning rents despite there visibly being quite a bit of commercial vacancy?


Small landlords being put out of business and global investment funds taking over. They have to maximize returns to the investors......or else.


Maybe folks need to learn that its often the smaller business people who get hurt more than the global tycoons.
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 03:50 PM
 
8,572 posts, read 8,567,412 times
Reputation: 4684
Quote:
Originally Posted by harrypothead View Post
I just want the very bottom rung of society to be kicked out of NYC.


Those on welfare do better than they will elsewhere. Its the WORKING poor and increasingly the lower middle class who will get tossed out.


How do people think that restaurant workers or those who take care of small kids and the elderly live? Do people think that these people aren't essential to NYC?
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 05:17 PM
 
461 posts, read 557,348 times
Reputation: 444
Owner makes $1 million a year as his workers barely make ends meet. Wage goes up a few dollars for his workers, now owner is making $900,000 a year. Poor owner. So tough.
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 05:26 PM
 
Location: New Jersey and hating it
12,200 posts, read 7,260,424 times
Reputation: 17474
Quote:
Originally Posted by Virtual Insanity View Post
Owner makes $1 million a year as his workers barely make ends meet. Wage goes up a few dollars for his workers, now owner is making $900,000 a year. Poor owner. So tough.
Why don't the worker go open up their own restaurant and then they can make $900,000 too?
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 05:33 PM
 
Location: New York, NY
12,792 posts, read 8,350,400 times
Reputation: 7120
Quote:
Originally Posted by antinimby View Post
Why don't the worker go open up their own restaurant and then they can make $900,000 too?
LOL! Yeah I know. It’s so easy running a business which is why the majority of them fail...
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 05:56 PM
 
Location: NYC
20,550 posts, read 17,789,591 times
Reputation: 25616
The problem with food industry is that many nights a restaurant owner has to eat wages and took in a lot less. It's mainly weekends and holidays they rack up the profits. That's why some places close on Mondays because not enough tables to make up for the cost of wages. It's also a very price sensitive business. Some days supplies cost much higher due to weather or supply issues. I remember when the price of milk and eggs went up a lot of restaurant owners complain about it since it's difficult to increase cost to consumers easily. Margins are very razor thin.
Reply With Quote Quick reply to this message
 
Old 02-20-2019, 05:59 PM
 
34,142 posts, read 17,210,286 times
Reputation: 17255
Quote:
Originally Posted by caribny View Post
No shock as at some point buying dishwashing equipment makes sense. Labor is the easiest cost to cut. The minimum wage has almost doubled over the past several years, and yet poverty rates have barely budged, so clearly some aren't working as many hours that they once did.


A minimum wage is just that. A minimum wage. Fully grown adults aren't supposed to be earning this so one needs to think why so many are trapped in these dead end jobs.
Reply With Quote Quick reply to this message
 
Old 02-21-2019, 05:46 AM
 
Location: Manhattan
25,426 posts, read 37,189,609 times
Reputation: 12833
Quote:
Originally Posted by antinimby View Post
Why don't the worker go open up their own restaurant and then they can make $900,000 too?

For the same reason you don't quit your job and get on all these imaginary but oft touted welfare gravy train benefits.
Reply With Quote Quick reply to this message
 
Old 02-21-2019, 06:27 AM
 
Location: Harlem, NY
7,907 posts, read 7,937,618 times
Reputation: 4153
I LOVE the kiosks that have been installed in the fast food places. Best thing ever.

The fast food giants said “oh we gotta pay you 15 a hour? F**K YOU!!!”
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top