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| Re: $15 minimum wage permits few luxuries in US cities (1191131) | |||
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Re: $15 minimum wage permits few luxuries in US cities |
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Posted by GP38/R42 Chris on Thu Jun 5 10:35:00 2014, in response to Re: $15 minimum wage permits few luxuries in US cities, posted by bingbong on Thu Jun 5 10:24:01 2014. How do you know they are being paid bad? Not to mention, that many of them work on tips. Furthermore, SINCE they are so busy, there is a very high demand for restaurants, THUS a lot of competition. There isn't much room in the mark up, as competition keeps it down. But that same competition has the same price line, so will have to go up too.Unlike the absurdity of saying a place like "Olive Garden" will all of a sudden become too expensive to patronize (never claimed such), but the price increases in labor WILL be passed on to consumers. The same consumers who are making "more in numbers" will be able to buy less with those higher numbers. And restaurants are just one example. |
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