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New Yorkers Discover Something Awful About Minimum Wage Hike The Hard Way

Well, we tried to tell them…

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Conservatives have stated time and time again that bumping up the minimum wage to $15 an hour is a horrible idea, but it seems the left is determined to ignore basic mathematical facts and common sense in favor for appeasing their base and gaining votes in the upcoming election.

Unfortunately, for folks in New York, they’re learning just how bad of an idea this kind of hike is, thanks to legislation signed by NY Gov. Andrew Cuomo in 2016 that promised to make the state’s minimum wage $15 by December 2019.

Here’s what’s going down, via The Daily Wire:

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According to The National Interest, “Roughly 77 percent of NYC restaurants have slashed employee hours. Thirty-six percent said they had to layoff employees and 90 percent had to increase prices following the minimum wage hike, according to a NYC Hospitality Alliance survey taken just one month after the bill took effect.”

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The Wall Street Journal noted, “New York City’s minimum wage has increased three times for employers with at least 11 employees in the past three years. At the end of 2016, the hourly rate rose to $11 from $9 an hour. In 2018, the minimum wage jumped to $13 from $11 an hour. The rate will increase to $15 an hour for employers with 10 or fewer workers at the end of 2019.”

Susannah Koteen, owner of Lido Restaurant in Harlem, told the Journal, “What it really forces you to do is make sure that nobody works more than 40 hours. You can only cut back so many people before the service starts to suffer.”

Folks who work in the restaurant business typically like to work overtime hours, but this is not really feasible for many establishments thanks to the hike in the minimum wage as they’re having to eliminate overtime in order to stay profitable with the extra cost.

And, of course, companies will have to start pushing this additional business cost on to customers by raising prices, which then raises the standard of living and erases any gains that were originally had by the hike in the first place.

Thomas Grech, president of the Queens Chamber of Commerce said, “They’re cutting their staff. They’re cutting their hours. They’re shutting down. It’s not just the rent.”

Raising the minimum wage just creates more of the same problem they were supposed to be eradicating. It’s sad the left is so stubborn on this issue and are unwilling to look at the clear data from studies and from the mouths of business owners themselves in regard to this topic.

Let’s hope liberals wake up soon before they wreck more of New York’s already suffering economy.

Save conservative media!

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President Trump Pushes For Massive $2 Trillion Infrastructure Bill To Be ‘Phase 4’ Coronavirus Relief Package

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President Trump is advocating for Congress to adopt what he callas a “very big and bold” infrastructure investment in future legislation to help fight against the coronavirus, which is currently making thousands of people seriously ill all across the country. The president advocated for a $2 trillion addition to the congressional economic relief bills that are to help workers and businesses who are suffering during this unprecedented pandemic. Trump has stated that he hopes to stimulate employment through a number of federal programs. Here’s more from Washington Examiner: “With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country! Phase 4,” Trump tweeted. https://twitter.com/realDonaldTrump/status/1245000074167541761 Before the historic relief package was passed last week, House Speaker Nancy Pelosi said lawmakers must begin drafting a fourth relief package to deal with the coronavirus pandemic, arguing that the bill that was making its way through Congress was insufficient to address the needs of state and local governments, workers, and other entities affected by the spread of the virus. The economic consequences of the actions we’ve taken in order to fight against this virus have caused quite a stir among the American people, with some folks stating that perhaps the measures taken to stop the spread of the illness are actually going to end up doing more harm than good. Many businesses will be closed permanently due to the shutdown and many others out of work will slide into a hole financially speaking. Perhaps a better measure would’ve been to quarantine those who are sick and allow the young and healthy to remain working? Then again, this disease…

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N.H. Gov. Sununu Seeks Disaster Declaration For His State; Extends ‘Stay Home’ Order To May 4

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The state of New Hampshire is seeking to receive a federal disaster declaration in order to receive additional help that will aid in alleviating the suffering of the citizenry during the coronavirus outbreak that is sweeping the country. Gov. Chris Sununu and the state of New Hampshire are currently set to receive $1.25 billion from the Coronavirus Aid, Relief, and Economic Security Act that was passed into law by Congress last week. Many residents have suffered massive economic stress due to losing their jobs and are set to receive additional unemployment benefits to help offset their current hardships. Here’s more on this from Washington Examiner: The governor signed the Relief for Workers Affected by Coronavirus Act agreement that will give the state 100 percent funding from the federal government for unemployment benefits. Unemployed New Hampshire residents will receive an additional $600 a week in addition to the minimum benefit amount of $32 to $168 a week. The unemployment benefit period will be extended from 26 weeks to 39 weeks. Gov. Sununu recently released a statement saying, “We are making every effort to provide assistance to families who are out of work during this time so that they can focus on what is most important – caring for their families and protecting their health by staying home.” New Hampshire will also be extending business tax collections and interests and dividend payments all the way to June 15. This particular measure is going to impact roughly 98 percent of small businesses and interest and dividend taxpayers. The “stay at home” order the governor issued last week has been made effective until May 4 to help contain the spread of the illness, as well as continuing to keep kids out of school. The state has suspended all standardized testing as of Monday. “While…

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