Here we go again! The Democrats including Governor Jerry Brown, Hillary Clinton and other minimum-wage activists across the country think by raising the minimum wage, this will magically help our economy. They think it will be great for many workers and low-income Americans.
The problem is…this logic is EXACTLY what is destroying our economy and destroying jobs for low-income and part-time workers with little or no skills. It’s about supply, demand and small businesses. Thanks to the Democrats like Hillary, these jobs and these businesses like White Castle, will now be squeezed.
From National Review:
This is something that’s become a bumper sticker,” Jamie Richardson tells me. “But it hasn’t really been thought through. There is a better way to get people out of poverty than hiking the minimum wage.” Richardson is a vice president at White Castle, the chain of famously white-painted and turreted burger joints specializing in slider-style hamburgers in the Midwest and Mid Atlantic. (Let me pause for a moment: If you’ve somehow made it through life without visiting this family-owned American treasure, stop reading this article, make like Harold and Kumar, and get yourself to the Castle . . . I’ll wait.)
White Castle, established in 1921 in Wichita, Kan., now operates more than 400 locations, with many in the New York City metropolitan area, which makes the news of New York governor Andrew Cuomo’s signing a bill that steeply hikes the minimum wage deeply personal. The wage will go from $9 to $15 an hour by 2018 in New York City, with the rest of the state seeing a more gradual phase-in schedule. “We’ve been in New York for a long time,” Richardson says. “Castle No. 2 over on Fordham Road opened in 1930.” Unfortunately, despite the Castle’s Empire State history, the road ahead may be difficult: “We’re disappointed. What this means for White Castle is we really have to evaluate how we manage our business,” Richardson tells me. “About 30 percent of every sales dollar covers the pay of our hourly workers, and that doesn’t include management.”
“It’s our biggest investment, our biggest cost. And it’s one that if we see increase dramatically through fiat, and we don’t do anything — it’s unsustainable,” Richardson says. “We are in uncharted waters.”
Oh, yes, we are definitely in “unchartered waters”! It’s called the destruction of small businesses. Yet here’s the liberal NY Governor Cuomo adding his two bits:
“By moving to a $15 statewide minimum wage and enacting the strongest paid-family-leave policy in the nation, New York is showing the way forward on economic justice,” Governor Cuomo said after signing the minimum-wage legislation on April 4. “These policies will not only lift up the current generation of low-wage workers and their families, but ensure fairness for future generations and enable them to climb the ladder of opportunity.”
REALLY? Seriously? Governor Cuomo’s intelligence is no different than those that go and see stupid movies like “Harold and Kumar Got to White Castle”! Well, guess what? There won’t be a White Castle in NY, by the time the movie comes out for idiots like you to see, if you continue to pass these liberal policies that will continue to destroy free enterprise and the American economy.