Jarhead
Gold Member
- Jan 11, 2010
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My...aren't we judgmental and arrogant....And btw, this thread is Bullshite anyway. The OP is being an inaccurate drama queen. The only businesses closing, are businesses that should be closing. They were weak and failing long before this.
There is no sudden rash of restaurants closing because of higher wages. It's just not happening. Therefore, i have to call Bullshite on this thread.
Lets do a little math.
A man owns a small restaurant...it was his lifelong dream. He wasn't overly ambitious...he just wanted to cook and serve for a living...so he has a small restaurant with 6 employees. He generates about 1000 a week profit. Not a lot, but he loves what he does, his wife is a nurse making another 70K a year, so they are doing just fine...making 120K a year with 3 kids.
Now he is told by his state government that he must pay an extra 5 an hour to each of his 6 employees.....or 30 an hour....an extra 1200 a week.
So now he is losing 200 a week with his lifelong dream restaurant.....so his family is now making 60K total....
His employees lose their job, he loses his restaurant...and another middle class family is in a struggle.
Sounds great.