Posted on 06/04/2015 11:10:01 AM PDT by Oldeconomybuyer
... A report published Thursday by the Employment Policies Institute, a conservative think tank, gives additional credence to the latter theory. It surveyed 924 restaurants in New York State that self-identified as fast food operations. When asked how likely they are to raise prices in response to a $15 per hour minimum wage, 86% of respondents said that they were very likely or somewhat likely to do so. Eighty-three percent said they were very likely or somewhat likely to reduce workers hours, or reduce staffing levels in response to such a hike.
The report said that its results suggest that the wage board should proceed with caution in its recommendations.
(Excerpt) Read more at time.com ...
“Can’t they just make the minimum wage $20 an hour so they can make up for the lost hours???” -Liberal Economist
I have an idea: Lets take away all the governments money....hell, we don’t have houses, car, food, clothes, insurances, and work 2-3 jobs a day, 7 days a week, what can they take away from us...
Put us in jail, you say? At least we would have a roof over our heads, a bed to sleep in, a t.v. to watch, and three meals a day....
Or $100. There are plenty of jobs that are worth $20/hour (or $100/hour) -- but there aren't too many of them that are to be found in a fast-food restaurant.
I might start eating fast food again when I know I probably won’t contract a variety of diseases from 3rd-worlders.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.