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Hotair.com.
:lol: :lol:
New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike
https://hotair.com/archives/2019/01...ed-find-food-prices-rising-minimum-wage-hike/
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.Holy cow. Who could have seen that coming? Well… pretty much everybody. And that includes the Democrats who passed the $15 per hour minimum wage bill. How did they plan on offsetting the significant bump in dinner bills? By eliminating tipping for the wait staff. That idea went over like a lead balloon and was quickly abandoned by a number of eateries that tried it.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
~~~~~~
Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage for your socialist schemes. But supposedly THIS time would be different because the right people were in charge, RIGHT?!
Indeed, those Progressive Democrats either did not take any or slept through basic economics classes in school. If raising the minimum wage for service industry workers won't impact those businesses, then NOT raising it will have no impact on the workers, right?
Progressive Democrats majority in Congress is the next step to Venezuela's economy.
Hotair is not a good source. notice, it didn't actually source any of it's claims. Things go up yearly, no matter what.
claims that it isn't verifiying
1) New Yorkers are shocked.
2) How much the rate of increase was.
3) How does that compare to years the minimum [wage] did not go up.
4) How does that increase compare with the rest of the country.
New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike
https://hotair.com/archives/2019/01...ed-find-food-prices-rising-minimum-wage-hike/
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.Holy cow. Who could have seen that coming? Well… pretty much everybody. And that includes the Democrats who passed the $15 per hour minimum wage bill. How did they plan on offsetting the significant bump in dinner bills? By eliminating tipping for the wait staff. That idea went over like a lead balloon and was quickly abandoned by a number of eateries that tried it.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
~~~~~~
Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage for your socialist schemes. But supposedly THIS time would be different because the right people were in charge, RIGHT?!
Indeed, those Progressive Democrats either did not take any or slept through basic economics classes in school. If raising the minimum wage for service industry workers won't impact those businesses, then NOT raising it will have no impact on the workers, right?
Progressive Democrats majority in Congress is the next step to Venezuela's economy.
In 2016, Gov. Jerry Brown signed a bill that put the state minimum wage on track to reach $15 per hour by 2022. The next increase—from $10.50 to $11.00—is scheduled for Jan. 1, 2018. If you're a business in one of thirteen different California localities--from Mountain View to Milpitas, and from San Jose to Santa Clara--the required wage floor will rise even higher.
When he signed $15 into law, Gov. Brown seemed to understand that the increase was a bad idea, acknowledging that "economically, minimum wages make not make sense." Today, California's good intentions are catching up with it.
The warning signs started early; dozens of stories chronicled businesses closing, cutting staff, or leaving the state. A rash of restaurant closures in the Bay Area led one food-industry publication to describe it as a "death march." Even child-care providers were hurt. (Some of the closures are featured in the video below.) A team of economists at Harvard Business School and Mathematica Policy Research determined that the rising minimum wage in the Bay Area contributed to these closures.
They're pretty dense if they can't figure out why they are picking up a larger tab at their favorite restaurant. It should also come as no surprise to know that many of these $15 dollar min. wage jobs could be lost as wages increase too much. Increasing the minimum wage too much will also result in job losses (CBO, 2014).
Why The $15 Minimum Wage Will Cost California 400,000 Jobs
I don't have any reason to doubt the research but there's a problem. We know that wages on the bottom have stagnated over the decades, and we know that minimum wage workers in high cost places like much of CA and NYC can't make ends meet on their MW jobs. So the 'correct' economic solution to that is for the state to directly subsidize those workers as opposed to jamming through MW increases and forcing businesses to make up the shortfall. That's more efficient, leads to fewer distortions in the market, has less impact on jobs, businesses, etc.
The problem is when conservatives oppose MW increases AND Medicaid expansion, AND the EITC AND food stamps, AND rent assistance - any form of welfare in general. Well, what are people on the bottom supposed to do? I'd be fine with opposing MW increases as long as those working those jobs are able to make ends meet using other forms of income redistribution - let's call it what it is.
But those require taxes, and everyone hates higher taxes and the GOP won't ever support higher taxes, so in the alternative people pass MW increases because it's an indirect tax paid for by all consumers and in part low wage workers (if we believe some of the research on job losses associated with MW increases). It's perhaps not the best alternative, but when other alternatives are closed off by political realities, no surprise that people turn to what CAN be done.
California's business environment has gone from bad to worse, with thousands of businesses pulling up stakes and moving elsewhere. But don't take our word for it. Just ask the 1,800 companies that either relocated or "disinvested" in the formerly Golden State in 2016.
A new report from business-relocation expert Joe Vranich says that the business climate has gotten so bad that, for the first time ever, he is actively telling clients "to leave the business-hostile state because its business climate continues to worsen."
And, no, he isn't a hypocrite. He's followed his own advice. Earlier this year he relocated his own successful consulting business from Irvine, California to Cranberry Township, Pa., a suburb of Pittsburgh.
Maybe that shouldn't come as a surprise. It's not exactly news that California's legislature is the most left-wing, high-tax and business-unfriendly in the nation. California is a virtual one-party state. Lawmakers and regulators recently even tried to tax cellphone texts, but pushback from voters made them drop the plan just this week.
Hotair is not a good source. notice, it didn't actually source any of it's claims. Things go up yearly, no matter what.
claims that it isn't verifiying
1) New Yorkers are shocked.
2) How much the rate of increase was.
3) How does that compare to years the minimum was did not go up.
4) How does that increase compare with the rest of the country.
Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage
I can respect what you are saying, but for every action that makes it harder for businesses to do business in the state due to increasing costs and overhead, there is a consequence.
CA. loses a lot when they don't collect the needed tax revenue when thousands of businesses literally vacate the state for a friendlier business climate.
Take a look...
California Companies Flee Business-Hostile State In Droves
New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike
https://hotair.com/archives/2019/01...ed-find-food-prices-rising-minimum-wage-hike/
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.Holy cow. Who could have seen that coming? Well… pretty much everybody. And that includes the Democrats who passed the $15 per hour minimum wage bill. How did they plan on offsetting the significant bump in dinner bills? By eliminating tipping for the wait staff. That idea went over like a lead balloon and was quickly abandoned by a number of eateries that tried it.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
~~~~~~
Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage for your socialist schemes. But supposedly THIS time would be different because the right people were in charge, RIGHT?!
Indeed, those Progressive Democrats either did not take any or slept through basic economics classes in school. If raising the minimum wage for service industry workers won't impact those businesses, then NOT raising it will have no impact on the workers, right?
Progressive Democrats majority in Congress is the next step to Venezuela's economy.
New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike
Minimum wage went up here 3 weeks ago. lol...In 3 weeks because it went up .70 in most of the state so prepare for Armageddon...
I find it disgusting how often Trumpsters here and Cons defend the rich but always, ALWAYS dump on the little guy, the working people. 70 cents???? My God..
As far as the bigger raise in NYC.. Ever try to live in NYC? 1 of the most expensive places in the world, and it's been that way loooooong before mw HIKES.
New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike
https://hotair.com/archives/2019/01...ed-find-food-prices-rising-minimum-wage-hike/
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.Holy cow. Who could have seen that coming? Well… pretty much everybody. And that includes the Democrats who passed the $15 per hour minimum wage bill. How did they plan on offsetting the significant bump in dinner bills? By eliminating tipping for the wait staff. That idea went over like a lead balloon and was quickly abandoned by a number of eateries that tried it.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
~~~~~~
Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage for your socialist schemes. But supposedly THIS time would be different because the right people were in charge, RIGHT?!
Indeed, those Progressive Democrats either did not take any or slept through basic economics classes in school. If raising the minimum wage for service industry workers won't impact those businesses, then NOT raising it will have no impact on the workers, right?
Progressive Democrats majority in Congress is the next step to Venezuela's economy.
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