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Owner of Historic Boston Restaurant Says Minimum Wage Hikes Hastened Its Demise
intellectualtakeout.org ^ | January 8, 2019 | Jarrett Stepman

Posted on 01/10/2019 3:40:16 PM PST by lowbridge

Durgin-Park, a renowned Boston restaurant, has been around for a long time. It opened in 1827, when Massachusetts’ own John Quincy Adams was president of the United States.

Phil Klein of the Washington Examiner wrote: “The restaurant, located in Boston’s Faneuil Hall, was an institution and tourist attraction, serving New England staples, such as chowder, shepherd’s pie, prime rib, pot roast, and Boston cream pie.”

But now, after nearly two centuries, it’s closing. Why?

The owner says it’s due in part to a recently passed law that raised the minimum wage from $11 to $12 an hour on Jan. 1, and will further increase it to $15 by 2024.

The $15 minimum wage has been a particular target for the national “Fight for $15” movement.

The Boston Business Journal reported:

"According to Ark Restaurants CEO Michael Weinstein, the restaurant wasn’t profitable anymore. He says business has been down about 30 percent over the last five years.

Weinstein says the dwindling head count, increase in minimum wage and health care costs, the expensive upkeep of an old building, and competition from the growing Seaport District were all factors in the restaurant’s downfall."

One blogger for Minnesota Public Radio, Bob Collins, blamed the closing on mismanagement and “disloyalty” of the business toward workers—as though closing was somehow an act of revenge on the part of the owners, rather than bending to economic reality.

(Excerpt) Read more at intellectualtakeout.org ...


TOPICS: Business/Economy; News/Current Events; US: Massachusetts
KEYWORDS: boston; durginpark; minimumwage
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1 posted on 01/10/2019 3:40:16 PM PST by lowbridge
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To: lowbridge

Only the left didn’t believe that this would happen.


2 posted on 01/10/2019 3:41:48 PM PST by ButThreeLeftsDo (MAGA!!!)
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To: lowbridge

The more these big cities rot the better as far as I’m concerned.


3 posted on 01/10/2019 3:43:00 PM PST by Bonemaker (invictus maneo)
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To: lowbridge

Sad. Ate there as a tourist 25 years ago. Prime rib & a Sam Adams. Not bad.


4 posted on 01/10/2019 3:44:05 PM PST by irishjuggler
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To: lowbridge

Not only Durggin Park. Watch Boston rapidly go downhill as the minimum wage increases and taxes become an even larger burden on businesses


5 posted on 01/10/2019 3:45:30 PM PST by Rapscallion (Walls work anytime night or day, any weather)
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To: lowbridge

“He says business has been down about 30 percent over the last five years.”

How did a newly increased minimum wage decrease his business by 30% over the last five years?


6 posted on 01/10/2019 3:46:01 PM PST by Blue House Sue
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To: lowbridge

Not only Durgin-Park. Watch Boston rapidly go downhill as the minimum wage increases and taxes become an even larger burden on businesses


7 posted on 01/10/2019 3:46:08 PM PST by Rapscallion (Walls work anytime night or day, any weather)
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To: lowbridge

I used to love going to Durgin Park when I was at MIT many decades ago. Loved the huge strawberry shortcake.


8 posted on 01/10/2019 3:46:17 PM PST by beethovenfan (Mene, Mene, Tekel, Upharsin)
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To: lowbridge

Satisfied, leftist scum? Yet one more thriving successful business, which employed locals, goes under because of your damnable communists practices. May every Democrat rot in hell for all eternity. Democrats are a bane on civilization. They should all be put in front of a firing squad - down to the last man.


9 posted on 01/10/2019 3:46:58 PM PST by JME_FAN (If you lived here, you'd be home by now.)
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To: lowbridge

This is going on all over Upstate NY....


10 posted on 01/10/2019 3:47:19 PM PST by mewzilla (Break out the mustard seeds.)
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To: Bonemaker

Until they try to stick you with the bill...


11 posted on 01/10/2019 3:47:50 PM PST by mewzilla (Break out the mustard seeds.)
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To: lowbridge

Just what theDemocrats wanted.


12 posted on 01/10/2019 3:48:29 PM PST by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
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To: lowbridge

I will say that this restaurant overcame my aversion to winter squash. I went there many, many years go and acorn squash was the side dish - like it or not.

I will confess that the offering did confirm my innate belief that my mother was not the best of cooks, though I loved her dearly. And I did enjoy the squash.


13 posted on 01/10/2019 3:48:32 PM PST by KosmicKitty (Opportunities multiply as they are seized.)
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To: ButThreeLeftsDo

If it is the one in Feunil Hall, I’m not sure the minimum wage is a major factor. Foot traffic should be off the charts. I’d look to other expenses.


14 posted on 01/10/2019 3:48:51 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Blue House Sue

He said that was one reason, not that it was connected to the wage reason


15 posted on 01/10/2019 3:49:04 PM PST by skr (May God confound the enemy)
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To: lowbridge

Durgin Park was well known for its large portions of satisfactory (but not great) comfort food and surly, octogenarian waitresses. The place started sliding when they replaced the grandmothers with their chirpy granddaughters.


16 posted on 01/10/2019 3:50:43 PM PST by T. Rustin Noone (the angels wanna wear my red shoes......)
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To: beethovenfan

17 posted on 01/10/2019 3:52:58 PM PST by Covenantor (Men are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: Covenantor

Looks pretty crappy to me....


18 posted on 01/10/2019 3:56:08 PM PST by Sacajaweau
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To: irishjuggler

Food is not bad, but they rush you like hell.


19 posted on 01/10/2019 3:56:54 PM PST by o-n-money (We should rename California to Newer Mexico.)
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To: lowbridge

“New England staples, such as chowder, shepherd’s pie, prime rib, pot roast, and Boston cream pie.””

Not exactly Millennial and Gen-X staples.


20 posted on 01/10/2019 4:01:19 PM PST by Rebelbase
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