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Politics : Formerly About Advanced Micro Devices

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To: J_F_Shepard who wrote (890608)9/29/2015 8:06:58 PM
From: i-node  Read Replies (1) of 1574785
 
>> but pre-emptively closing a restaurant seven years before the full effect of the law takes place seems preposterous to us.”

This is absolutely correct.

No one would close a business before the fact. Competent business owners who are affected by it, however, will think twice about where they choose to open their next store and whether it is worthwhile to do so.

While the Seattle economy is doing well, there are far more places around the country that could NOT tolerate a minimum wage increase well at this time.

Economically speaking, in the restaurant business, when you increase labor costs you are going to reduce the number of workers, overall. That is an economic fact of life.
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