06/19/2017

Restaurant Die-Off Is First Casualty Of California’s $15 Minimum Wage

Brian Thomas, The Federalist Papers Project

Restaurants are on the decline in coastal areas of California which have adapted the $15 minimum wage, many closing down altogether.

Guinea pig cities in California testing out the $15 minimum wage increase before the rest of the state have reacted negatively to the change, and that’s pretty bad considering that these areas are far more affluent than their inland neighbors.

Fresnobee reports:

[…] San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

Read full article



You May Also Like:

Trump’s Tangle Of Rhetorical Inadequacy Peggy Noonan, The Wall Street Journal

ISIS Claims Responsibility For Barcelona Terrorist Attack [Watch] Iain Burns and Dave Burke, Daily Mail

Who’s Next, George Washington? Harry Stein, City Journal

Leftist Revolutions Have No Limits Max Madison, American Greatness

Venezuela's Starving People Are Now Eating The Zoo Animals Tim Worstall, Forbes.com

Take Down The Statues Of Robert Byrd Daniel John Sobieski, American Thinker

Gary Cohn Is Suddenly The Most Important Person In Washington And On Wall Street [Watch] Jake Novak, CNBC

Shep Smith Claims Republicans Are Unwilling To Defend Trump’s Comments [Watch] Martin Walsh, Western Journalism

Silicon Valley Billionaires Are The New Robber Barons Victor Davis Hanson, National Review

How To Know You’re In A Mass Hysteria Bubble Scott Adams’ Blog

Americans Are Rapidly Descending Into Madness Michael Krieger, Liberty Blitzkrieg

Privatize The Public Monuments Ryan McMaken, Mises Institute

Chart: Global Income Distributions From 1800 To 2015 Andrew Moran, Economic Collapse News

Lib Media Hiding Dark Secret About Woman Who Toppled Confederate Monument Martin Lioll, Conservative Tribune

So When Will China’s Debt Bubble Finally Blow Up? Wolf Richter, Wolf Street

Missouri Senator: ‘I Hope Trump Is Assassinated!’ Chuck Ross, Daily Caller

What Exactly Fuels The Anticapitalism Of Pope Francis? Helen Andrews, Library of Law and Liberty

Politicians Can't Get Enough Energy Cronyism Veronique de Rugy, Reason

ObamaCare Failure: The Uninsured Are Turning To Over-The-Counter Animal Drugs Brendan Pringle, Red Alert Politics

For More go to the Home Page >>>

Search

SIGN OUR PETITION

FreeMarket Central

TELL CONGRESS: STOP THE POLITICS.

PASS A HEALTH CARE BILL THAT PUTS PATIENTS FIRST



Americans need a health care bill that serves needs of individuals—not those of Washington and big corporations.

 

Read more

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

In Search Of History

When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

-- Milton Friedman,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.35%
    FreeMarket Central Shadow Stats: 22.1%
  • Inflation:
    FreeMarket Central July Year-to-Year: 1.63% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.3%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]