Small business owners across the country are beginning to feel the pinch as more states move toward a $15 minimum wage.

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While proposals to raise pay are intended to help workers, several mom-and-pop coffee shops as well as restaurants are responding by cutting hours, eliminating jobs or closing down entirely because they can't keep up with rising wages under the law.

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It's the ugly side to the highly touted wage hikes, economists say, adding that the bumps can unleash a "payroll tsunami" for smaller businesses already stretched thin from rising rents and soaring health care costs.

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"For some of these businesses, the minimum wage hikes tip the balance between staying in business and going out of business," Panos Mourdoukoutas, professor of economics at LIU Post in New York, wrote in Forbes.

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Boston's iconic restaurant Durgin-Park in Faneuil Hall was forced to shutter its doors in January after nearly two centuries in business. The owners said they couldn't keep up with the wages and health care premium hikes.

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Romans 8;18-32 John 3;16-18

As we and studies predicted. People have to understand that dems actively want to screw people. Some dems are smart enough to know of the bad effects of their idiotic policies. But, it is worth it to them to create and maintain an underclass that will be stuck there indefinitely so they can get more votes by promising free stuff (which, btw, is far from free). It worked great with the blacks and now they are trying it with the Hispanics and youth. IF you want to live a miserable life in the ghetto, the dems are for you.

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I :heart; Q

If Mom and Pop can't afford to pay a worker $15 for ONE HOUR of LABOR, then they can't afford to be in business. Don't ask workers to subsidize the employers with discounted labor.

"smaller businesses already stretched thin from rising rents and soaring health care costs"
"The owners said they couldn't keep up with the wages and health care premium hikes."

Medicare for All would take care of that. If not that, then where the F is the GOP healthcare plan? You mean after all these years THERE ISN'T ONE?

What you have here folks is a situation where the capitalists are putting the squeeze on the petty bourgeoisie, and in turn they are trying to stick it to the working class.

All you have to do is follow the money. That shit is flowing straight up in this economy.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

Edited: 04/08/2019 at 01:55 PM by RustyTruck

Not sure how fewer employers and jobs help the workers. Nor do I see how getting $0.00/hr is better than $8/hr. Don't think anyone is asking employees to subsidize employers. A prospective employee can accept what is offered or reject it. No one is forcing anyone to take any give job.

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I :heart; Q

From spankit's odd set of ramblings:

"smaller businesses already stretched thin from rising rents and soaring health care costs"

Lord knows you wouldn't want to do something about those things because then you'd be screwing with the wealthy in the system, you know property owners, insurance companies and $hit.

So the demon ends up trying to give someone a living wage?

GOP grinches always looking out for themselves.

Ain't it grand that dems never look out for themselves. Most people wish they would and keep their stupid plans to themselves and stop foisting them on us.

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I :heart; Q

"We the people" United States Constitution

"We're all in this together" High School Musical

"stupid plans" social security, medicare, minimum wage, child labor laws, environmental protections, consumer protections...

Since the deplorables are primarily sub minimum wage earners, it is surprising that they are not for a $15 min wage. Well unless you consider the blind obedience to the demented demagogue.

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.

Crankit is just playing his role in the oligarchs keeping the plebes fighting for scraps while they plunder the treasury but continue to enjoy the infrastructure and military for with the treasury has to pay.

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...

Wage slavery is alive and well. Take $8 or starve. That's how they keep wages low, even if people end up having to go on government assistance. Then those poverty wages are subsidized by taxpayers.

Pay a real wage, and that money goes right back into the economy, instead of offshore like trump tax giveaway to the rich.

Pugs love to stick it to the poor. The boss can shove $8 up their kiester.

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

You need to take econ 101....

IDIOT!

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The REAL truth is....both of the forum idiots are OWNED.
-BOTH of them have no clue who their owner is.
-They are both card carrying narcissists.
^These are PROVED facts.

While I don't agree with alot of Rusty's ideas.....I'm curious... at which school did you study economics 101, and when did you graduate?

Fk aint much on buk lurnin

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“It is the heart of US policy to use fascism to preserve capitalism while claiming to be saving democracy from communism “ - Michael Parenti

When slave labor was finally outlawed, the plantation economy went bankrupt. The arguments for free labor then sound exactly the same as they do now.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Are you saying that if we don't pay people some hourly wage that someone pulled out of their butt, we have reconstituted slavery? Think there is a slight difference, johnnyboy. No one has to accept a hourly wage of under $15 if they don't want to. The slaves had little choice in the matter.

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I :heart; Q

if small business mom and pop cant afford those huge wage increases, a couple of things will happen. they might go out of business. they might let some employees go and try to make due with less labor, so rather than 4 people making $8, two will make $15 and two will be out of work. the most likely option is increasing prices to compensate, so they can both keep operating and keep employees. what happens when prices increase? really basic stuff here. not sure why small business has to pay for the sins of corporations that generally can easily absorb wage increases if they werent lining pockets of fatcats

The rise won't effect anything and it takes several years before it reaches full implementation.

Just more fear tactics from the Right.

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I was right.

Trump University?

And Never...

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GOP:

Gaslight
Obstruct
Project

small business and corporations are not equatable. a solution needs to ensure the bloodsuckers pay without killing small business. just implementing wage increase accomplishes nothing outside of making things worse. corporate profits, exec pay, etc controls and constraints. ensure cost not passed to consumer. limit inflation. maybe then we have a viable solution

Edited: 04/09/2019 at 09:13 AM by RiddleMe

The rise needs to be factored in when you start your business. Eight dollar an hour employees do nothing but add to the welfare state. If you want cheap or free, you might need to reassess your priorities.

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I was right.

Edited: 04/09/2019 at 09:52 AM by Cole