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Washington DC and The Holy Land>NYC's $15 Minimum Wage—Now Officially a Disaster
BucEyedPea 07:45 AM 08-13-2019
Real world proof, nothing Loneiguana claimed has materialized—and NEVER will.
New York City’s $15 minimum wage, which began to take effect Dec. 31, 2018, was meant to bolster earnings and quality of life, but for a lot of residents, it’s doing the opposite...

“Many people working in the restaurant industry wanted to work overtime hours, but due to the increase, many restaurants have cut back or totally eliminated any overtime work,” Andrew Riggie, executive director of the New York City Hospitality Alliance, told Fox News. “There’s only so much consumers are willing to pay for a burger or a bowl of pasta.”

Roughly 77 percent of NYC restaurants have slashed employee hours. Thirty-six percent said they had to layoff employees and 90 percent had to increase prices following the minimum wage hike, according to a NYC Hospitality Alliance survey taken just one month after the bill took effect.

Only about 4 percent of survey respondents indicated that none of the above changes took place in their restaurants.

“What it really forces you to do is make sure that nobody works more than 40 hours,” Susannah Koteen, owner of Lido Restaurant in Harlem, told Fox News. “You can only cut back so many people before the service starts to suffer.”

NYC restaurants are taking hits from Cuomo’s push, but Washington doesn’t seem to have received the memo. The House passed the Raise The Wage Act in July, which mandated a nation-wide $15 minimum wage. The bill was later blocked by the Senate.

The bill would have effectively doubled the federal minimum wage of $7.25/hr. There is dismal 6 percent support for a nation-wide $15 wage hike among economists, according to Fox News surveys.

Cuomo’s office did not respond to a request for comment from the Daily Caller News Foundation by the time of publishing.

https://nationalinterest.org/blog/bu...disaster-71761

[Reply]
Bowser 01:11 PM 08-13-2019
Originally Posted by Reerun_KC:
Go get an education or a trade. It’s not hard.
bUt whAT If I hAVe FiVe kIDs I'M supporting aNd I'm OnLY nInEtEEn
[Reply]
El Lobo Gordo 01:17 PM 08-13-2019
Originally Posted by Loneiguana:
Only a conservative would look at "data" from a "survey" from a lobbying group taken only one month after the law took affect and go "That sounds legit".

And in six months, when actual employment, job growth, restaurant opening and closing, and the like data gets released, it will be nothing like what this article is reporting. And conservatives will ignore it, just like the ignore that all their doom and gloom didn't happen in Seattle.
If only one person answered the survey truthfully and answered that his or her hours were cut because of the minimum wage increase, then that person had their labor priced out of the market by a change in law.....which in my opinion makes that law immoral.

I'm sure you will continue to make your absolute ridiculous claim that no one has ever not been able to get a job because of a minimum wage statute.
[Reply]
Johnny Vegas 01:18 PM 08-13-2019
Originally Posted by Reerun_KC:
Go get an education or a trade. It’s not hard.
Mia Kahilfa only made $12k in porn. Not all trades pay a whole lot. Also education is guaranteed debt so more jobs to pay for said education. Not as easy as you make it out to be.
[Reply]
Reerun_KC 01:22 PM 08-13-2019
Originally Posted by Johnny Vegas:
Mia Kahilfa only made $12k in porn. Not all trades pay a whole lot. Also education is guaranteed debt so more jobs to pay for said education. Not as easy as you make it out to be.
Never said it was easy. But I did it. So if I can. Anyone can.
I worked two jobs many of years to pay and support my family while I went to school. So did the wife. No one put us through school. We did it ourselves.
[Reply]
Loneiguana 01:22 PM 08-13-2019
Originally Posted by 2bikemike:
You are assuming that a business can increase labor costs by X% and that equates to the exact same increase in sales. Do you really think a Subway franchise can increase the number of sandwiches sold to cover those increased labor costs?
Are you assuming that an increase in payroll has a 1 to 1 direct relationship to the price of something?

And yes, they have, every time the minimum wage goes up. Subway is still earning a profit in Seattle and New York.

Again, your doom and gloom is proven wrong by reality.
[Reply]
Loneiguana 01:24 PM 08-13-2019
Originally Posted by El Lobo Gordo:
If only one person answered the survey truthfully and answered that his or her hours were cut because of the minimum wage increase, then that person had their labor priced out of the market by a change in law.....which in my opinion makes that law immoral.

I'm sure you will continue to make your absolute ridiculous claim that no one has ever not been able to get a job because of a minimum wage statute.
If you can cut hours after a minimum wage increase and meet the same demand, than your business was previously inefficient and employing more people than needed.
[Reply]
Johnny Vegas 01:26 PM 08-13-2019
Originally Posted by Reerun_KC:
Never said it was easy. But I did it. So if I can. Anyone can.
I worked two jobs many of years to pay and support my family while I went to school. So did the wife. No one put us through school. We did it ourselves.
lol you literally said it’s not hard in your quote. So contradicting in your opinion.
[Reply]
Reerun_KC 01:28 PM 08-13-2019
Originally Posted by Johnny Vegas:
lol you literally said it’s not hard in you quote. So contradicting in you opinion.
You’re right I did. You got me.

Then for those not motivated to become something in life. Laughable $15 min wage is for you.
[Reply]
listopencil 01:47 PM 08-13-2019
Originally Posted by Johnny Vegas:
Mia Kahilfa only made $12k in porn. Not all trades pay a whole lot. Also education is guaranteed debt so more jobs to pay for said education. Not as easy as you make it out to be.

Khalifa, a Lebanon native, only worked in the adult film business for three months, but was — and still is — one of its biggest names.

https://nypost.com/2019/08/12/mia-kh...2k-doing-porn/


$12K x 4 = $48k a year.
[Reply]
listopencil 01:49 PM 08-13-2019
Originally Posted by Johnny Vegas:
Mia Kahilfa only made $12k in porn. Not all trades pay a whole lot. Also education is guaranteed debt so more jobs to pay for said education. Not as easy as you make it out to be.

Kids from poor families get paid to go to two year colleges.
[Reply]
2bikemike 02:12 PM 08-13-2019
Originally Posted by Loneiguana:
Are you assuming that an increase in payroll has a 1 to 1 direct relationship to the price of something?

And yes, they have, every time the minimum wage goes up. Subway is still earning a profit in Seattle and New York.

Again, your doom and gloom is proven wrong by reality.
Not at all, Here is another illustration. You own a subway your open 10 hours day 7 days a week. You keep 2 minimum wage employees in the store at all times who run the store for you. Thats 140 Man hours a week. Nothing in your rent/insurance or costs of product changes. The only change is going from $7.25 to $15. You sell $5 footlongs. Your labor cost just went up $1085 per week.

How do you adjust for that weekly $1085/week in increased labor costs? You can do several things to offset that. Otherwise your losing money.
A.) Increase your prices
B.) Cut the hours and do more of the work yourself
C.) Sell 31 more $5 footlongs per day.
[Reply]
BucEyedPea 02:14 PM 08-13-2019
We need to mention that more service outfits will be using automation devices killing more of those minimum wage jobs. Keep pushing vastly higher min wages in one big jump and that will all happen much faster.
[Reply]
Setsuna 02:21 PM 08-13-2019
Originally Posted by Bowser:
bUt whAT If I hAVe FiVe kIDs I'M supporting aNd I'm OnLY nInEtEEn
:-):-):-) This guy gets it. Also minimum wage should be relegated to the states not the freaking national gov't. Smh.
[Reply]
Iowanian 02:41 PM 08-13-2019
Originally Posted by 2bikemike:
Not at all, Here is another illustration. You own a subway your open 10 hours day 7 days a week. You keep 2 minimum wage employees in the store at all times who run the store for you. Thats 140 Man hours a week. Nothing in your rent/insurance or costs of product changes. The only change is going from $7.25 to $15. You sell $5 footlongs. Your labor cost just went up $1085 per week.

How do you adjust for that weekly $1085/week in increased labor costs? You can do several things to offset that. Otherwise your losing money.
A.) Increase your prices
B.) Cut the hours and do more of the work yourself
C.) Sell 31 more $5 footlongs per day.
Don't forget the increase in 401K match, payroll taxes, unemployment tax, workman's comp and other costs that are also increased along with that wage increase.

I don't care if people make more money, but if you want to make more money, do something so you qualify for a better than min wage job. Waitresses might make less than min wage hourly without tips, but they're doing better than that.

I see posts saying it won't affect business and profit? Anyone who says that knows nothing about small business, small town business. There are a lot of mom-pop businesses who cannot absorb that increase.
[Reply]
Msmith 02:42 PM 08-13-2019
Originally Posted by listopencil:
Khalifa, a Lebanon native, only worked in the adult film business for three months, but was — and still is — one of its biggest names.

https://nypost.com/2019/08/12/mia-kh...2k-doing-porn/


$12K x 4 = $48k a year.
Did she report that income to the IRS?
[Reply]
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