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2019-08-08 Economy
NYC Businesses Cut Staff, Raise Prices Due to $15 Minimum Wage
Unexpectedly.
[BREITBART] The $15 minimum wage has forced some business owners in New York City to cut staff and raise their prices.

Susannah Koteen, the owner of Lido Restaurant in Harlem, said the minimum wage has directly impacted her business, and she worries that it could get worse as time goes by.

"What it really forces you to do is make sure that nobody works more than 40 hours," Koteen told news hounds. "You can only cut back so many people before the service starts to suffer."

Thomas Grech, president of the Queens Chamber of Commerce, said he has seen an increase in small-business closures since the $15 minimum wage was implemented at the beginning of the year.

"They’re cutting their staff. They’re cutting their hours. They’re shutting down," he commented. "It’s not just the rent."

However,
ars longa, vita brevis...
2020 presidential hopeful and South Bend, Indiana, Mayor Pete Buttigieg
...the testicleless mayor of South Bend, Indiana, since 2012. Buttigieg graduated from Harvard College and, on a Rhodes Scholarship, from Pembroke College, Oxford. From 2007 to 2010, he worked at McKinsey and Company, a consulting firm. From 2009 to 2017 Buttigieg served as an intelligence officer in the United States Navy Reserve, attaining the rank of lieutenant and deploying to Afghanistan in 2014. Buttigieg was first elected mayor of South Bend in 2011 and was reelected in 2015. During his second term, he announced he was gay. Buttigieg also campaigned for Indiana state treasurer in 2010 and for chair of the Democratic National Committee in 2017, losing both elections. He is running for the Dem nomination in 2020 on the theory that being mayor of a nondescript medium sized city is qualification to run the country...
criticized Christian Republicans for opposing a guaranteed $15 minimum wage.

"The minimum wage is just too low, and so-called conservative Christian senators right now in the Senate are blocking a bill to raise the minimum wage, when Scripture says that whoever oppresses the poor taunts their maker," he said during the Democrat debate on July 30.

On July 18, Breitbart News reported that the House approved a bill that would raise the minimum wage to $15 by the year 2025.

House Majority Leader the mealy-mouthed Steny StinkyHoyer
... Nancy San Fran Nan Pelosi's second banana, or plaintain, or mango, or whatever he is...
(D-MD) praised the bill, calling it "direct help" for working Americans.

"This is direct help. Not indirect. Not trickle down. Direct. It says to those who make the least we think what you do is important," he commented.



Posted by Fred 2019-08-08 00:00|| E-Mail|| Front Page|| [281 views ]  Top

#1 Command directed economy aka Soviet Central Planning (done by people who believe in the magic money tree, not Adam Smith). Hey, its not their money, why should they care if people lose jobs and business shut down, it's all about virtue!
Posted by Procopius2k 2019-08-08 07:24||   2019-08-08 07:24|| Front Page Top

#2 The True Minimum Wage is Zero, as in the employer sees no reason to hire you and pay anything for your labor. Something beyond the understanding of a democratic socialist presidential candidate.
Posted by magpie 2019-08-08 11:12||   2019-08-08 11:12|| Front Page Top

#3 ...well even slave owners had to cover their workers' food, clothes, and housing.
Posted by Procopius2k 2019-08-08 12:43||   2019-08-08 12:43|| Front Page Top

15:15 trailing wife
15:03 jpal
15:00 Glenmore
14:59 Glenmore
14:53 Glenmore
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13:49 trailing wife
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13:19 swksvolFF
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