Dr. Williams is apparently not wise to the hustle.
With the requirement to cover employees working over 30 hours a week under Obamacare, they’ve created an incentive to cut the existing workforce to part-time hours.
That of course leaves gaping holes in the schedule, meaning all of these minimum wage employers are on a hiring binge (and the optics of all those Help Wanted signs across the fruited plain certainly help Obama in the short run).
So you get these firms to vastly increase their part-time workforce. Then you cram a Living Wage on them, after which The Secretary Shall decide that the Obamacare requirement actually applies to everyone who works even a single hour on the clock.
At that point the business has two choices: Go Galt or shut up and go with the program. Not all will choose Option 1 unfortunately.
The left is marketing for fools. Unfortunately, there are more of them than us.
It’s simply commons sense that raising the minimum wage decreases demand for unskilled labor.
But the real reason for the minimum wage increase is to increase Union wages. Many union wage contracts are pegged to the minimum wage. Recently, a union leader called the 1% union wage increase Obama proposed ‘absolutely unconscionable’. This move is a backdoor way to get them more.
when it goes from 7.25 to 9.00 overnight, what happens to the workers who were makin 7.50-10.00 the day before ???
they just got screwed didnt they ???
I can answer that.
The (unnamed) grocery store in my neighborhood consistently charges higher prices. 25% more? Dunno, but it's a bunch.
They cater to people who:
1) Need something specific and go there for the better selection.
2) People who think that "Higher Prices = Better Quality". (More common than you think, I've heard it a couple of times from people in my neighborhood.)
3) People who forgot to get milk on the way home at their regular grocery store and run in to pick it up. (that's me, occasionally)
So, to answer the question, "Do they sell more?"...I'd say "No, but they sell less for more money. :-)". Place stays in business somehow, likely *because* their prices are so much higher. However, if they got competitive pricing, I'm near certain that they'd be better off.
And - I should add that if a Walmart went up across the street from this grocery store, then it would either adapt or be out of business in about a week. :-)
We don’t need a higher minimum wage. More manufacturing on US soil is a better answer.