Democrats getting a lesson in Economics 101

Anonymous
Anonymous wrote:
Anonymous wrote:This is going to kill small Mom and Pop businesses.



Only if mom and pop don't know how to do math. Again labor cost in fast food is usually only 25-30% of the product cost and raising wages from $16 an hour to $20 an hour only works out to about $0.35-$0.40 on a $5 item.

dp.. are you a fast food restaurant owner?
Anonymous
Anonymous wrote:
Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

I hope CA soon learns the ramifications of such a dumb move. Sad thing is, the people of Ca will suffer as a result.
Another reason dear Gavin will never be president. We don't want to make the US California. He has screwed up everything he has touched.

And, Gavin seems to have ensured that HIS businesses are exempt......



California’s fast food franchisees must hike their minimum wage to $20 an hour under a law Gov. Gavin Newsom (D.) hailed as "extraordinarily beneficial." His own luxury restaurants, meanwhile, are paying their workers less.

Active job listings for Newsom's PlumpJack Cafe, which touts its status as "Lake Tahoe's premier dining destination," advertise "busser," "host," "server," and "food runner" positions with $16 hourly wages. The restaurant is located steps from Palisades Tahoe—California's top ski resort—and features a full bar, fine wines including a $5,300 bottle of Burgundy, and high-priced entrees. Pan-roasted Norwegian salmon, for example, costs $49, while the prime New York strip costs $67.

Another Newsom-owned restaurant—the Balboa Cafe, located in San Francisco's fashionable Marina district—is also hiring. The restaurant seeks an "on-call cocktail server" for $18.07 per hour, according to an online posting. The cafe also offers a full bar and an array of luxury items, including a $38 charcuterie board, $27 wild mushroom risotto, $24 "mussels mariniere," and a $38 filet mignon.

The restaurants' hiring sprees come as the Newsom-backed fast food minimum wage law, which took effect Monday, prompts layoffs and price hikes across California. Starting this month, pizza chains will permanently fire hundreds of workers, state records show. Burger King and other fast food franchises responded to the law by raising prices.



And yet, we have millions of Americans who are working one, two or three minimum wage jobs trying to make ends meet. Go figure.

According to terribly arrogant people in this thread, that’s okay! No one should be able to make a living wage on a burger flipper’s salary because it’s not “skilled” enough and only “skilled” people deserve a nice life.
Anonymous
Anonymous wrote:
Anonymous wrote:This is going to kill small Mom and Pop businesses.



Only if mom and pop don't know how to do math. Again labor cost in fast food is usually only 25-30% of the product cost and raising wages from $16 an hour to $20 an hour only works out to about $0.35-$0.40 on a $5 item.


^ Hilarious to watch the uninformed try to explain bad policy away.
Anonymous
Guess who doesn't abide by the new minimum wage?


Anonymous
Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???


+1

The GOP seems to have memory-holed 2020 and when Biden became president.
Anonymous
How many people praising Scandinavian and European socialism are willing to pay tax rates of those countries? It is not just high rates on the wealthy?
Anonymous
Some of the fast food restaurants are closing due to the law.
Anonymous
Anonymous wrote:How many people praising Scandinavian and European socialism are willing to pay tax rates of those countries? It is not just high rates on the wealthy?



Maybe if they got free healthcare and college or vo-tech education post high school and they could find affordable housing, and had good public transportation, they’d be totally ok with it. Those high taxes pay for things that improve their quality of life, instead of corporate tax loopholes and defense spending. Different priorities.
Anonymous
Anonymous wrote:Some of the fast food restaurants are closing due to the law.


Good. Fast food is terrible food. Now maybe lazy parents will actually cook nutritious dinners for their children every day.
Anonymous
Anonymous wrote:
Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???


+1

The GOP seems to have memory-holed 2020 and when Biden became president.


Here's the problem Democrats love to dismiss. Democrats 1 billion percent wanted all of that to happen. PPP Loans etc. Does anyone recall anyone, much less Democrats saying NOT to do any of that? Was there one press conference saying NO don't bail out businesses with PPP Loans etc? GTFOH. Democrats were all on board with it and were screaming to pay people to stay home!

Republicans meanwhile were largely correct in first-guessing all of Lockdowns, crazy mandates, shutting down schools, playgrounds, insanity that can fill up a page.
Anonymous
Anonymous wrote:Guess who doesn't abide by the new minimum wage?




Newsom: Rules for thee, but not for me.

And exemptions to the rules for my friends, like for my good friend and donor billionaire - Greg Flynn who owns over 20 Panera Bread fast food franchises in California. An exemption that benefits no other fast food restaurant was mysteriously added to the law. It states:Restaurants that operate a bakery that "produces" and sells "bread" as a stand-alone menu item as of September 15, 2023, and continue to do so are exempt from the new law.
“Bread” is defined as a single unit item that weighs at least ½ pound after cooling and must be sold as a stand-alone item.

Of course Newsom tried to back track and say Panera isn't eligible but no one can explain how or why that exception is there. Panera is the only fast food company that would have benefited if it hadn't gotten so much publicity.
Anonymous
Fast food also includes ice cream and smoothies. So the high school kid scooping ice cream is now also getting paid $20 an hour at Baskin Robbins in CA and $7.25 in many other states in the country.

It is going to be interesting if a whole new franchise niche of no more than 59 franchises develop since the law says only fast food workers who work in franchises that have 60 or more stores nationwide.

Prices have really increased in the past year eating out and getting a snack since fast food covers so many types of foods like ice cream, smoothies, and coffee franchises. So no more Starbucks, Coffee Bean and Tea, Jamba Juice, Ben and Jerry's for us.

And with tipping, service fees, health fee, worker benefit fees (all things that are now on restaurant bills) totally out of control we are rarely ever going out to eat.
Anonymous
Anonymous wrote:So, if the burger flipper is making $20/hr, everyone "above" him/her will also need a wage increase.
This is just stupid. Minimum wage jobs are not intended to support a family. Never have been.

I hope CA soon learns the ramifications of such a dumb move. Sad thing is, the people of Ca will suffer as a result.
Another reason dear Gavin will never be president. We don't want to make the US California. He has screwed up everything he has touched.

And, Gavin seems to have ensured that HIS businesses are exempt......



California’s fast food franchisees must hike their minimum wage to $20 an hour under a law Gov. Gavin Newsom (D.) hailed as "extraordinarily beneficial." His own luxury restaurants, meanwhile, are paying their workers less.

Active job listings for Newsom's PlumpJack Cafe, which touts its status as "Lake Tahoe's premier dining destination," advertise "busser," "host," "server," and "food runner" positions with $16 hourly wages. The restaurant is located steps from Palisades Tahoe—California's top ski resort—and features a full bar, fine wines including a $5,300 bottle of Burgundy, and high-priced entrees. Pan-roasted Norwegian salmon, for example, costs $49, while the prime New York strip costs $67.

Another Newsom-owned restaurant—the Balboa Cafe, located in San Francisco's fashionable Marina district—is also hiring. The restaurant seeks an "on-call cocktail server" for $18.07 per hour, according to an online posting. The cafe also offers a full bar and an array of luxury items, including a $38 charcuterie board, $27 wild mushroom risotto, $24 "mussels mariniere," and a $38 filet mignon.

The restaurants' hiring sprees come as the Newsom-backed fast food minimum wage law, which took effect Monday, prompts layoffs and price hikes across California. Starting this month, pizza chains will permanently fire hundreds of workers, state records show. Burger King and other fast food franchises responded to the law by raising prices.



Hopelessly corrupt. Known since the pandemic rules for thee but not for me french laundry incident.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???


+1

The GOP seems to have memory-holed 2020 and when Biden became president.


Here's the problem Democrats love to dismiss. Democrats 1 billion percent wanted all of that to happen. PPP Loans etc. Does anyone recall anyone, much less Democrats saying NOT to do any of that? Was there one press conference saying NO don't bail out businesses with PPP Loans etc? GTFOH. Democrats were all on board with it and were screaming to pay people to stay home!

Republicans meanwhile were largely correct in first-guessing all of Lockdowns, crazy mandates, shutting down schools, playgrounds, insanity that can fill up a page.


Democrats wanted the PPP loans with oversight. Trump just printed up the money and even sitting congressmen took millions. Compare that to how the Dems do it, with oversight and clawbacks, actually taking care of the public money. Ultimately, Trump was in charge. If he didn't want the PPP loans to help stabilize the workplace, then he shouldn't have done it. Stop blaming the democrats for everything.

Also, Trump did the worst of both worlds. He shut the everything down, and then mid-stream, forced everything back open. Had he let everything srtay closed for another week or two, the country could have gotten its head around managing things. Instead, he took both the economic hit and the social hit.

And yes, without a vaccine, we did need to distance and mask. That is just science. But then, people like you don't believe in that because Dear Leader said so.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Wait, WHO printed all that money during 2020? Ppp loans? Ertc? Who was potus???


+1

The GOP seems to have memory-holed 2020 and when Biden became president.


Here's the problem Democrats love to dismiss. Democrats 1 billion percent wanted all of that to happen. PPP Loans etc. Does anyone recall anyone, much less Democrats saying NOT to do any of that? Was there one press conference saying NO don't bail out businesses with PPP Loans etc? GTFOH. Democrats were all on board with it and were screaming to pay people to stay home!

Republicans meanwhile were largely correct in first-guessing all of Lockdowns, crazy mandates, shutting down schools, playgrounds, insanity that can fill up a page.


Democrats wanted the PPP loans with oversight. Trump just printed up the money and even sitting congressmen took millions. Compare that to how the Dems do it, with oversight and clawbacks, actually taking care of the public money. Ultimately, Trump was in charge. If he didn't want the PPP loans to help stabilize the workplace, then he shouldn't have done it. Stop blaming the democrats for everything.

Also, Trump did the worst of both worlds. He shut the everything down, and then mid-stream, forced everything back open. Had he let everything srtay closed for another week or two, the country could have gotten its head around managing things. Instead, he took both the economic hit and the social hit.

And yes, without a vaccine, we did need to distance and mask. That is just science. But then, people like you don't believe in that because Dear Leader said so.


Despite the brand he likes to push, he's actually a rudderless leader. I'm not even getting into him being a terrible human being. He's just a bad leader that talks out of both sides of his mouth, flips direction at the drop of a hat, flips back at the drop of another hat, drops policy news following his nightly burger euphoria, gets it walked back by his people the following data (which he doesn't challenge), etc. It's generally no wonder he's effectively blown all his father's money.
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