Posted on 01/31/2019 7:08:03 AM PST by lowbridge
The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.
Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.
(Excerpt) Read more at hotair.com ...
It was just under $20.
We raise our own beef and always have a freezer full of various cuts and lots of ground round hamburger. We just had a steer butchered before Christmas and split it with our adult daughter.
Total cost for the grain to fatten it up and finish it off, transporting the cow to the butcher and the trip back to pick up all of the frozen cuts up and the cost of the butchering itself, came out to a net 82 cents a pound average for the entire side of beef.
Inch thick ribeyes for less than a dollar apiece is why we don't eat out much.
My co-worker’s son spent a college semester in Denmark.
Minimum wages there are very high. He was shocked to learn the first time he ate out that a hamburger and a beer set him back $25 American.
Simple solution — make it illegal for the restaurants to raise their prices. Basic economics, y’know?
Wow.. Just looked that_Tupper ware microwave grill_up.. Sounds great for fast meals.
That is probably true in your case, but I belong to a gun club. And my son-in-law says the same thing about deer. Except by the time you add up the cost of all of his guns, reloading and hunting equipment and designer camo clothing, not to mention his $70,000 4x4 pickup, trailer and quad ATVs, and then divide the total by the amount of nasty tasting deer meat that he actually brings home the picture starts looking a little different. By the time you add in the money the beer costs for one of his outings and then the amount he pays someone else to cut the deer up and turn the really unpalatable chunks of deer into jerky and sausage... it really starts to get expensive. But they
live for this type of adventure, so who the heck cares.
Pricey, yes but I can make great burgers in my home with minimal effort.
Mix in a little seasoning halfway through sometimes.
That sounds about right for my area, too.
I stopped tipping when I visit places with high minimum wages...since the tip is already built into the price of the food.
It took a bit of getting used to, but that’s pretty much how it works in most of world other than the US.
That’s the case with many businesses. Earlier this week, I took my brand new company truck to have some detail work done which would take a couple hours.
The shop owner offered to loan me his truck to go run an errand. It was a beat up 10-12 year old Ford truck.
Yea, he was the super rich business owner.
But no steak dinners in restaurants for us when our own beef is cheaper and better tasting.
Someone asked me a while back, since we have a big garden, were we vegetarians. I couldn't suppress a laugh. Our front license plates on our cars say "Eat More Florida Beef".
BBQing veggies on the grill just doesn't cut it when compared to a juicy cut of homegrown beef. Mmmm!
1) Employer is not going to pay you more than he has to. Meaning, if he can find somebody to do the job equally well for less money, then you are replaced.
2) If your skills are such that some other employer would be willing to hire you away for more money, then you are going to say good bye unless he offers you what the market says you are worth. That's how you get a raise in real life.
3) If the job you are doing brings in less revenue than you are costing him, and he can't get anybody cheaper, then he's going to shut down that job. That might mean stopping to have a late shift, otherwise reducing business hours so that they're open just during peak times, or shutting down the business entirely.
A businessman creates a business so that HE can make money. Not for YOUR benefit. Paying you is only a means for him making money. Never forget that.
As long as he’s good to your daughter and isn’t using the grandkids’ college funds while he’s playing at hunting.
No, he's a great guy, husband, and father. They have plenty of money for the kids. He doesn't really drink that much beer. I just like to tease him. He is actually surprisingly frugal in some ways.
What the hypocrites that want to eliminate the minimum wage are saying is they want to keep the subsidizing the low end labor and profit from that. All that is leading us too is more public debt and socialism.
You make good points but are probably wasting your breath on central_va.
It is an obvious conclusion from your points, but you might have to spell it out for the simpletons... When the government steps in and starts trying to meddle in the basic interaction between employee and employer the repercussions these days are almost always negative for everyone.
Every one of your posts just leaves me baffled and wondering what happened to you. Did you get kicked by a mule, or did you fall down a well? My God man what are you doing here?
Ditto cheaper and better testing. I know how to cook steaks and have a hard time justifying paying for one at a restaurant.
If the value of the person's production is less than the minimum wage, the minimum wage just guarantees that the person is rendered permanently unemployed.
You assume that raising minimum wage for, for example, fast food employees means they will be paid better. The reality is that it means that they will be increasingly replaced with automation. People will be given the option of pre-ordering with a phone app, with payment being done through the same app, thus eliminating the need for order takers. Burger flippers will be replaced with machines. Ultimately, the store will be turned into an automated vending machine.
Instead of driving entire voting groups to the Democrat side I want them to have to work for it.
The Republicans are alienating the low end, low skilled voter over this nothing burger issue. They are IMO definitely on the wrong side of this issue. Fighting every increase makes Republicans look stupid and for no real gain. The silly lack of economic understanding is astounding as well. If wages go up 10% then the claim is a Happy Meal will cost $18.00. This is really out of touch
Just leave the min. wage issue alone, that would be my advice. Also just peg min. wage increases to inflation and take the politics out of it.
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