West Coast, Messed Coast™: Minimum Wage Rises, Thousands Lose Their Jobs, Democrat Elites Laugh by 6ixStringJack

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West Coast, Messed Coast™: Minimum Wage Rises, Thousands Lose Their Jobs, Democrat Elites Laugh

POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, April 11, 2024 20:26
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VIEWED: 410
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Sunday, April 7, 2024 10:59 AM

https://pjmedia.com/victoria-taft/2024/04/06/wcmc-n4927920

Another Democrat failure.

Don't expect Gavin Newsom to ever have a serious Presidential run. It's never going to happen.

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Sunday, April 7, 2024 1:57 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by 6ixStringJack:
https://pjmedia.com/victoria-taft/2024/04/06/wcmc-n4927920

Another Democrat failure.

Don't expect Gavin Newsom to ever have a serious Presidential run. It's never going to happen.

I wish America could return to the good old days when employees could legally be paid starvation wages and they had to take it or die slowly. Such a pleasant bygone era for restaurant owners.

California fast-food workers’ minimum wage win stirs up old economic debate
https://www.theguardian.com/us-news/2024/apr/06/california-fast-food-w
orkers-minimum-wage-impacts

An analysis of financial data over the past decade by researchers at the Roosevelt Institute found the fast-food industry has more than enough profits to raise wages without affecting prices and employment and have been hiking prices far beyond their operating costs for years.

“In 2023 alone, the 10 largest publicly traded fast-food companies spent $6.1bn on share repurchases,” noted the report. “As with most industries, the fast-food industry has historically charged higher prices than their marginal costs. However, between 2014 and 2023, markups increased at an annual rate of 2.2%, faster than at any period since 1978.”

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Sunday, April 7, 2024 2:23 PM

SIGNYM

I believe in solving problems, not sharing them.

You can mandate higher wages but you can't mandate lower profits.

Ideally, this is where competition comes in from mom- and -pop restaurants, but without the economies of scale and the financial clout to drive franchise fast- food chains out of business, there's no competition.

Also, what about sit- down restaurants, whose operating costs are higher?

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"It may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger

Why SECOND'S posts are brainless: "I clocked how much time: no more than 10 minutes per day. With cut-and-paste (Ctrl C and Ctrl V) and AI, none of this takes much time."
Or, any verification or thought.

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Sunday, April 7, 2024 2:30 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/two

Quote:
Originally posted by SIGNYM:
You can mandate higher wages but you can't mandate lower profits.

The Health Dept. did mandate lower profits:

A classic Marvin Zindler 'rat and roach' report from 1982

But Marvin Zindler is dead. Rats and roaches run the restaurants because the public has decided that food poisoning is a small price to pay for free market capitalism to flourish.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Sunday, April 7, 2024 3:58 PM

6IXSTRINGJACK

Second's just running away with those goalposts now.

I don't think he really believed we'd ever see an increase in minimum wages like this anywhere so he'd never have to live with my I Told You So's about the loss of jobs and the insane prices that would result from it.

They'll all be replaced with machines soon. Starting in California where they've now heavily incentivized it.

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Political correctness is just tyranny, with a smiley face.

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Thursday, April 11, 2024 8:26 PM

JEWELSTAITEFAN

At least they have an existing template for how to destroy cities with their Libtard "progressive" policies and practices. St Louis has already gotten rid of their corrupt Libtard Progressive DA.
Their largest office building, the 3rd largest in the nation, had sold for $205M in 2006. Now it sold for $3.5M - and nobody wants to live or work in the Libtard sh!thole that is the definition of Libtard Utopia.

The Libtard City Council is trying to now use Eminent Domain to confiscate these once majestic properties, which they have destroyed.

https://www.costar.com/article/642008108/one-of-st-louis-tallest-offic
e-towers-empty-for-years-sells-for-less-than-2-of-its-peak-price

https://www.stltoday.com/news/local/business/is-the-st-louis-office-ma
rket-in-a-doom-loop-some-alarm-bells-are-ringing/article_06bee332-a049-11ee-8523-4bc700e1b1b6.html

https://www.wsj.com/real-estate/commercial/doom-loop-st-louis-44505465

https://www.nakedcapitalism.com/2024/04/us-cities-struggling-with-offi
ce-vacancies-st-louis-in-doom-loop-new-york-eyeing-residential-conversions.html

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