Avatar feed
Responses: 2
SSG Gerhard S.
0
0
0
Higher labor costs so not cut into anybody's profits. Instead these artificially higher wages are added on to the bills of consumers (diners, in this case). Our, alternatively, employers, in order to keep prices lower, could cut the number of employees, leaving some with NO paycheck.
I will add that those higher consumer costs, could incentivize diners to eat out less due to the higher cost. Causing restaurants to go out of business, leaving even more with no paycheck. This is not politics, this is economics. One can ignore the law of supply and demand... One cannot ignore the results of the law of supply and demand. Even socialist countries are bound by this law though they wish to believe otherwise. Regards.
(0)
Comment
(0)
Sgt Wayne Wood
Sgt Wayne Wood
7 y
i've managed a restaurant. the profit margin is negligible. most are barely teetering on the brink of insolvency.

$15/hr doesn't help
(0)
Reply
(0)
Avatar small
1stSgt Nelson Kerr
0
0
0
Edited 7 y ago
It cuts into his profits, so of course he find reasons not to like it

Not to mention that he has been caught ripping off workers himself and paid millions in fines for doing so, just another crook
(0)
Comment
(0)
Sgt Wayne Wood
Sgt Wayne Wood
7 y
if you can't say something intelligent, don't
(0)
Reply
(0)
Avatar small

Join nearly 2 million former and current members of the US military, just like you.

close