New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike

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  1. Doc7505
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    Doc7505 Gold Member

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    New Yorkers Shocked To Find Food Prices Rising After Minimum Wage Hike

    New Yorkers shocked to find food prices rising after minimum wage hike
    The result of the Fight for 15 movement in New York City has finally gone into effect. The minimum wage jumped by 15% in many cases, to $15 per hour this month. This mostly affects employers of lower skill level workers, particularly in the food service and beverage industries. And now that labor costs have risen, restaurants from fast food joints to upper-end fine dining establishments have raised their prices. As a result, some people have had to make adjustments in their budgets and lifestyles, going out to eat less often and bringing their own lunches to work.
    As you might imagine, that’s not only been annoying for the customers. It’s impacting the restaurant business as well. (NY Post)
    New York City’s hotly contested minimum wage increase to $15 — up from $13 or $13.50, depending on employer size — rolled out citywide at the start of the year. And although that’s good news for NYC restaurant servers, patrons are grumbling about its impact on menu prices at their favorite eateries.
    Ahead of the wage hike, the NYC Hospitality Alliance conducted a survey of 574 local food establishments in late 2018. They found that 87 percent of respondents planned to increase menu prices this year to offset the minimum wage bump. True to their promise, the cost of food has risen at various spots around the city.​
    Holy cow. Who could have seen that coming? Well… pretty much everybody. And that includes the Democrats who passed the $15 per hour minimum wage bill. How did they plan on offsetting the significant bump in dinner bills? By eliminating tipping for the wait staff. That idea went over like a lead balloon and was quickly abandoned by a number of eateries that tried it.

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    Really!! Is anyone surprised? This happens EVERY TIME you hike the minimum wage for your socialist schemes. But supposedly THIS time would be different because the right people were in charge, RIGHT?!
    Indeed, those Progressive Democrats either did not take any or slept through basic economics classes in school. If raising the minimum wage for service industry workers won't impact those businesses, then NOT raising it will have no impact on the workers, right?
    Progressive Democrats majority in Congress is the next step to Venezuela's economy.
     
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  2. Maxdeath
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    Maxdeath Silver Member

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    They also can not correlate a number of other factors. Like bussinesses closing down because of higher wages. Take OC going to see the coffeehouse that was closing because of high wages.

    They don't understand that higher wages force some companies to higher more part time workers, less full time workers or use more automation.

    They still want illegals working for lower then minimum wage or under the table so they don't have to pay taxes. They want these same illegals to be competing with citizens for low paying jobs.
     
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  3. Rambunctious
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    Rambunctious Gold Member

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    Dems scream for higher wages for restaurant workers but when they get it they all start to cook at home....stupid is as stupid does....
     
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  4. Manonthestreet
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    Manonthestreet Platinum Member Supporting Member

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    Does anyone see the unsustainability of this? How much pollution is caused by going out to eat? think of all the affordable housing we could create in closed restaurants......simply immoral to let this continue.
     
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  5. Andylusion
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    Andylusion Gold Member

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    The left-wing is so dumb. We said this. We gave endless evidence of this. And no matter how documented, or how many historical examples we can give, they still live in this mythological world, where magically money comes from the ether, and materializes in employee pockets.

    Unbelievable...
     
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  6. danielpalos
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    danielpalos Diamond Member

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    even the dollar menu didn't double. and, Labor can buy more burgers at the higher wage. Henry Ford would be proud.
     
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  7. Tipsycatlover
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    Tipsycatlover Gold Member

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    The restaurants will have to automate.
     
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  8. danielpalos
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    Henry Ford did; coincidence or conspiracy?

    unemployment compensation for simply being unemployed is equal protection of the law.
     
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  9. francoHFW
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    Since labor is only 20% of the price, doubling the labor costs only raises the price 20%. Try and remain calm. The number of people that can afford the cost more than makes up for it. Scumbag GOP propaganda has given us incredibly rich people, the worst inequality and upward mobility in our history. GOP voters are the stupidest voters in the world, thanks to the worst propaganda machine in our history..
     
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  10. gallantwarrior
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    gallantwarrior Gold Member

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    Could explain what you mean by this statement? Thanks.
     
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