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 Minimum Wage hikes claim more victims in Sacramento (8)

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Chinaman(3570) pic



Minimum Wage hikes claim more victims in Sacramento

It should come as no surprise to find out that when it comes to job losses and store closings that have happened as a result of Democrats and their various “Fight for $15” campaigns, there is no end in sight.

The latest victims of mandated minimum wage increases come out of Sacramento, where several food establishments have announced closures in advance of 2020, when the minimum wage will rise to $13 an hour for companies that employee at least 26 people, and $12 an hour for those with less employees than that.

With California’s minimum wage set to increase on January 1, restaurants facing high rent and staffing costs said it’s a price they can’t afford, which is forcing some to close their doors.

“It’s bittersweet. It’s been 14 years. It’s been a good run,” said Phil Courey, the owner of Opa! Opa! Greek restaurant in East Sacramento.

When considering his operating costs, Courey said it is just unsustainable.

“The wages are definitely a heavy pressure on us,” he said. “About 40 grand a year every time they jack up the minimum wage.”


Democrat policy failure is on parade here.

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2 points

So, according to the Chinaman types, we should continue the Maximum wage hikes for the 1% even though they already have over 80% of the country's money, even though the minimum wage hikes only bring minimum wages up to 1960-70 levels. Wages STILL remain stagnant in this (actually phony), "great economy"!

In this "great economy" most households have to work AT LEAST two jobs to pay the mortgage, eat and educate the kids. Over 40% of Americans are value negative! THAT is NOT even a GOOD economy! Savings are almost a non-factor in this "great economy"! ONE sickness or accident can lead to bankruptcy in this "great economy"!

Most working people in the country today have never lived in a great economy. Don't know what one IS! So they can easily be swayed that this is one. NO! This is a one sided economy where the country is supported by the "workers", alone. The capitalists at the top, if they pay ANY taxes, get them back with subsidies, through loopholes and favorable laws they've paid for long ago! It's time wages at least showed a rise somewhat parallel to the rise in profits! It hasn't since Reagan destroyed most of the unions, and with that our level of skilled workers! Then these capitalists decided to sell our technology AND equipment to countries that had an incentive to work, a chance to make a better living! Smart …. if you want more profit, faster …. fuck your country! We need to take some of the money BACK from the top to rebuild the bottom, or we'll NEVER AGAIN have a "great economy".

Chinaman(3570) Clarified
1 point

Democrat the Minimum Wage is not working so well so explain what you know about running a business.

AlofRI(3294) Clarified
1 point

You explain to me what a "great economy" is. I've lived through one, you haven't.

Chinaman(3570) Clarified
1 point

The Democrat knows that most people have to work 2 jobs. Democrat are you a parrot of what the media tells you.

1 point

When businesses, especially those trading on low profit margins, are forced to increase their wages without considering the potential negative impact such a move would have on their commercial viability the outcome regularly results in bankruptcy.

Many firms have based their business strategy on a high turnover with a low profit margin. Trying to off-set this non-budgeted additional overhead by increasing prices destroys the approach and original character upon which such business ventures were founded. This imposition means that the proprietors have to scramble to devise a revised business model, secure financing and then re-launch the new concept.

2 points

When businesses, especially those trading on low profit margins, are forced to increase their wages without considering the potential negative impact such a move would have on their commercial viability

Oh yes, those poor businesses having to share more of the profit with the very people who created it through their dedication and hard work. Who gives a shit about whether your employees have enough to eat? Nah, the important thing here is commercial viability.

Are you even human?

Or are you one of these new super deluxe corporate bots?

Redeemed(1428) Disputed
2 points

Quality pay for quality work is a human right..................................................................................

Saltal(196) Clarified
1 point

To enlighten the ignorant among you lot read and try to comprehend the simple rules of commerce.

When constructing a business plan you Must produce a projected budget of all fixed and variable overheads.

Having completed this all important exercise you will then calculate your receipts/sales/revenue and subtract one from the other in the hope that the result will show a profit.

You commence trading profitably but are torpedoed by the loony left's imposition of a wage increase which the business cannot absorb.

Result;- Bankruptcy = everyone out on their arse =suppliers not paid = good chance of some of the suppliers going bankrupt as a consequence= more people out on their arse.

I know that most of this will have gone way over your empty heads, but I thought I'd try to educate you dummies as to the mechanics of the real world.

But, it is probably best that like all good commies like you stay in your surreal world of resentful ignorance.

-1 points

The Democrat Party looks at every person unemployed as a vote for them. This is the reason they try to implement policies that always hurt our economy, creating higher unemployment.

These unemployed might seek Government handouts, some becoming career Government dependents. This is what the Socialist Democrats are hoping.

Democrats love class warfare and are now creating class warfare in minimum wage jobs.

Those who keep their jobs become the privileged upper class while those losing their jobs become the poor down trodden victims of so called corporate greed.

Redeemed(1428) Disputed
0 points

HIDEOUS LIAR! IGNORE! .................................................................................................

Chinaman(3570) Clarified
2 points

How is it a 39 year old loser Democrat still lives at home with Mommy.