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| Economy |
| Minimum Wage Hikes Result in Fewer Jobs |
| 2024-06-14 |
| [Red State] Last September, California Gov. Gavin Newsom signed into law the Fast Food Restaurant Industry Act, which raised the minimum wage for most fast-food workers to $20 per hour. Moreover, the new law "establishes a Fast Food Council ... to establish an hourly minimum wage for fast food restaurant employees and develop standards, rules, and regulations for the fast food industry." Unsurprisingly, this steep hike in the minimum wage for fast-food workers has already produced substantial downstream effects. According to the California Business and Industrial Alliance, there have been around 10,000 fast-food job layoffs in the Golden State since the Fast Food Restaurant Industry Act was signed into law. |
| Posted by:Besoeker |
| #10 How many queer theory PhDs does it take to spit on your food. |
| Posted by: M. Murcek 2024-06-14 11:58 |
| #9 Dictate the number of employees a restaurant needs to have if you really really like eating from a hotdog cart. |
| Posted by: Super Hose 2024-06-14 11:43 |
| #8 In other news, water still wet. Commies ignorance of supply and demand is selective. When an election is imminent they sure understand how to maneuver gas prices via draining the strategic reserve. Republicans never call them on this hypocrisy. |
| Posted by: Crusader 2024-06-14 11:10 |
| #7 Just like The Coffee Shop Question from yesterday. |
| Posted by: swksvolFF 2024-06-14 10:42 |
| #6 "How can everything be going to hell? We only changed one thing!" After destroying the weed business with "legalization", the State of California turned its baleful eye on the restaurant industry. Fully expect Gov. Hairgel to ask for legislation requiring fast food companies to hire X number of people, based on area population. I would first expect laws to prevent the consideration of criminal history when hiring. Or has Cali done that already? |
| Posted by: SteveS 2024-06-14 08:59 |
| #5 ^ No doubt |
| Posted by: M. Murcek 2024-06-14 08:58 |
| #4 Probably quite a few GOPers who don't understand economic fundamentals, either. |
| Posted by: DooDahMan 2024-06-14 08:51 |
| #3 New five year plan to follow. |
| Posted by: M. Murcek 2024-06-14 08:48 |
| #2 Fully expect Gov. Hairgel to ask for legislation requiring fast food companies to hire X number of people, based on area population. Of course this will also be chock full of DEI/ illegal alien quantities. |
| Posted by: USN, Ret. 2024-06-14 08:43 |
| #1 Commies only understand central planning not economic fundamentals. |
| Posted by: Procopius2k 2024-06-14 08:23 |