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this post was submitted on 04 Apr 2024
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Restaurants are a luxury. Either the pay reflects that and they get paid a decent wage or the market will react somehow.
Everyone's cost of living has increased post-pandemic, minimum wage need to rise. The restaurant could have raised their price as well but chose not to, either because they think their clientele can't afford it (increased cost of living, which is what rising the minimum wage can offset), or because the market is already saturated and they're no longer competitive.
Something/someone has to give in when there's inequality.
And these vacant positions elsewhere also need to pay minimum wage. It's a temporary setback until the system adjust to the new minimum.
Your belief in a fair market has you blaming all the wrong people for all the wrong things.
You stand alone in your argument sir.
If a company can't afford to pay their employees a livable wage, they deserve to go under. Yeah it sucks for the workers but so does staying with a company that can't pay them. Stop licking boots.
How about this for a new title: "Salty Restaurant owner doesn't like new law that doesn't apply to him, fires everyone anyway"
Gotta love the free market, right?
You're licking corporate boot to defend shitty business practices.
I believe the article over you.
The law says it only applies to businesses that have over 60 locations nationwide. Back in real life and not “woah conservative bro I’m so traumatized” world, Fosters Freeze has 62 locations. So to avoid this law, they’d have to close 3 of them. Also not sure whether it applies to franchisees, and I’m sure you have absolutely no idea either.
No, I think they should figure out how to be profitable enough to pay their employees enough to live on in California. Not sure why that’s a difficult concept.
With the raising cost of living, the job market is going to shrink, minimum wage increase or not. It just means that the more fortunate need to pay more to those who are less fortunate if they want to employ someone.
The market obviously can't regulate itself correctly and needs a little nudge if someone can't make a living wage from a full-time job. It's not normal for someone working their asses off full-time and still barely make ends meet and living in squalor. Someone has to give, and these employees are already giving their fair share, it's justified to ensure they get their slice of the pie.
If they can't afford to pay a decent wage, then that job has no reason to exist.
ThE fREE mArKeT