They Took My Joooooob....In San Frannnn-cisco. - Granite Grok

They Took My Joooooob….In San Frannnn-cisco.

Democrat war on workSan Francisco recently voted to raise the minimum wage to $12.25 an hour with incremental increases to $15/hour by 2018.  At least one small business owner is shuttering a business as a result.

(Yahoo! Finance) “Borderlands Books as it exists is not a financially viable business if subject to that minimum wage.” …

The blog post went on to say that the Borderlands café business will stay open and should have “no difficulty at all” with the new minimum wage because it will be able to raise prices as needed. The bookselling business is different, the blog post argued, because book prices are set by the publishers and clearly printed on the books:

“The change in minimum wage will mean our payroll will increase roughly 39%. That increase will in turn bring up our total operating expenses by 18%. To make up for that expense, we would need to increase our sales by a minimum of 20%. We do not believe that is a realistic possibility for a bookstore in San Francisco at this time.”

This all sounds familiar to me.  Arbitrary hikes in the minimum wage reduce choice and competition, create unemployment, and drive up the cost of goods and services.  These are pressures that apply to every business with small business owners, who employ the bulk of our citizens, having to make the hardest choices in response to government wage mandate.

It is the Democrat War on Work.

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