Pink Slips and Sky-high minimum wages: 350 San Francisco restaurants close in a year (illegal aliens, radical)

[lovecrowds]

https://www.sfchronicle.com/food/art...o-12480441.php

Looks like 350 restaurants closed in San Francisco, while 277 opened.

The full $15 minimum wage isn't even in effect and already the pink-slips and restaurant layoffs are in full effect from the extremely high labor costs.

If San Francisco with double the per-capita personal income of Los Angeles and three times that of the Inland Empire can't afford the minimum wage increase even before the full increase has taken into a effect one can only imagine what happens when with the hospitality industry when it is up to the full $15.

http://www.foxbusiness.com/markets/2...obs-study.html

By the time $15 minimum wage takes effect, California is projected to cost the state around 400,000 jobs

[Eli34]

Businesses open and close all the time, but nice try.

[Mtnluver8956]

Originally Posted by Eli34

Businesses open and close all the time, but nice try.

I know right? Radical conservatives want slavery back so they can get free labor.

[latimeria]

Isn’t a restaurant a hard business to start anywhere? I remember hearing that a lot close in the first year.

[JimRom]

You couldn't pay me enough to start a restaurant. For that matter, I'm not sure that you could pay me enough to go back to working in restaurants.

The interesting part of the story, though, is that far more restaurants closed than were opened during the year. That actually isn't a good sign, whether it is because of the minimum wage laws or not.

[BobNJ1960]

Originally Posted by Eli34

Businesses open and close all the time, but nice try.

Except 73 more closed vs opened, so SF lost restaurants net of what they had pre MW hike.

[tripleh]

dont share logic and facts with the left....they wont understand

[Atalanta]

Originally Posted by lovecrowds

https://www.sfchronicle.com/food/art...o-12480441.php

Looks like 350 restaurants closed in San Francisco, while 277 opened.

The full $15 minimum wage isn't even in effect and already the pink-slips and restaurant layoffs are in full effect from the extremely high labor costs.

If San Francisco with double the per-capita personal income of Los Angeles and three times that of the Inland Empire can't afford the minimum wage increase even before the full increase has taken into a effect one can only imagine what happens when with the hospitality industry when it is up to the full $15.

$15 minimum wage to cost California 400K jobs: Study | Fox Business

By the time $15 minimum wage takes effect, California is projected to cost the state around 400,000 jobs

Yeah, I think there is something to it.

Often in the news we here of companies doing away with some positions due to the $15 hour wage increase.
Such as order takers, cashiers etc.

There has to be a reaction to the action of the costly $15 for some business’.

[ELOrocks17]

Originally Posted by tripleh

dont share logic and facts with the left....they wont understand

You are so right...

They love illegal aliens taking up all the jobs, while demanding $15 minimum wage for non illegals..

Pro abortion but anti death penalty

Shared Obama's hatred of everything American, but now suddenly sticks up for America when Trump is in office

[whogo]

If I pay Bubba $80 a day and net $20 a day from his labor Bubba is gone if I have to pay him $120. If my entire workforce consists of Bubba’s I am out of business.