Minimum wage hike bankrupts company.

Discussion in 'Current Events' started by Turn Right, Jul 17, 2019.

  1. Turn Right
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    Turn Right BANNED

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    https://www.foxnews.com/us/restauran...for-bankruptcy

    Well, imagine that .

    That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.
     
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  2. Rustic
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    Rustic Diamond Member

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    Yep,
    Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics
     
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  3. Ridgerunner
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    Ridgerunner 'Ole Wise One' Gold Supporting Member Supporting Member

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    Most of them wouldn't know the difference between a P & L statement and a pregnancy test...
     
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  4. I c h i g o
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    I c h i g o Gold Member

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    A Manufacturing company in Dexter, Michigan folded due to minium wage bankruptcy.

    [​IMG]

    Thomson-Shore was founded in 1972, offering manufacturing, printing, publishing, production and distribution. The Sheridan Group, which produces books, magazines, journals and catalogs, formed after CJK acquired Chelsea-based Sheridan Books, Inc. and Dickinson Press in Grand Rapids.
     
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  5. beagle9
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    beagle9 Gold Member

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    Another example why socialism applied doesn't work. How stupid or low can the Democrats go ??
     
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  6. Rambunctious
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    Rambunctious Gold Member

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    The squad is happy....
     
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  7. beagle9
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    beagle9 Gold Member

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    Might be the ultimate goal of the socialist, otherwise to shut everything down by government over regulating or extreme taxation in the many cloaked forms that it takes.
     
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  8. Slade3200
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    Slade3200 Gold Member

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    Just think if child labor was legal and we could pay them a dollar an hour... think how many jobs could be created and how fast businesses would grow!
     
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  9. progressive hunter
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    progressive hunter Gold Member

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    a dumber thing has never been said,,,,
     
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  10. I c h i g o
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    I c h i g o Gold Member

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    My guess is that they (Socialist and otherwise) are no fans of small businesses. As they over-regulate them, as well.
     
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