marfdrat |
"This doesn't matter to the community organizers. They are not interested in keeping companies in business. In fact, their hatred of capitalism is driving them to force companies out of business. Of course, if they are successful, the companies will cut hours and hire fewer workers - unless the workers successfully organize a union, in which case, fast food restaurants would soon become extinct. "
San Francisco Mandates $10 Minimum Wage. Why Not Make it $25, or $50? "This doesn’t change the point of the post, which is that government interference in labor markets creates unintended consequences – namely, higher unemployment for low-skill workers."