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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.

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As Riots And Violence Surged In June, So Did Gun Sales According To FBI Data

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The Black Lives Matter violence, the call for defunding the police, and many cities actually capitulating to those “demands,” have had a very unintended consequence. It seems these actions have motivated more and more Americans to exercise their Second Amendment rights. According to new data from the FBI indicates that gun sales exploded during the month of June, hitting a brand new all-time high. Here’s more from The Daily Wire: “The new coronavirus pandemic, civil unrest after the killing of George Floyd and the ensuing movement to defund police are bringing in new buyers worried about their personal safety, according to buyers, store owners and gun experts,” The Wall Street Journal reported. “In June, background checks for firearms were up 136%, compared to a year earlier … background checks in June for civilians seeking a license to carry were the highest since the FBI began conducting checks 20 years ago.” FBI statistics that were released at the start of the month showed that 3,931,607 background checks were processed last month, which is by far the most ever recorded. The previous all-time record was set in March—when parts of the U.S. began going into shutdown over the coronavirus—when 3,740,688 were conducted. https://twitter.com/BrookingsEcon/status/1282821114553663493 The Journal reports that dealers estimate that some 40% of sales have been going to first-time buyers, “an increase over the normal average of about a quarter,” and say that many of the new buyers “are people who say they never thought they would own a firearm and were previously critical of those who did.” One gun buyer told the media that he was purchasing a gun and applying for a permit because he was scared that police wouldn’t be able to provide him with adequate protection. “I don’t want to ever shoot anybody ever. But if I had…

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President Trump Says He’d Be On Board With Michael Flynn Returning To The White House

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Michael Flynn

President Trump recently stated that if former national security adviser Lt. Gen. Michael Flynn were to return to the White House, he’d be all for it. Flynn has been through quite an ordeal over the last few years, as it was uncovered that a secret plot involving members of the Obama administration and the FBI was hatched to use him as a means of taking down Donald Trump. Trump conducted an interview with CBS News where he said, “I would. I think he’s a great gentleman. He’s been in the military for many, many decades actually — highly respected.” Here’s more from The Washington Examiner: Trump ousted his first national security adviser for lying to FBI investigators about a conversation with a Russian envoy in December 2016 during the Trump transition, to which Flynn pleaded guilty in December 2017. After switching legal teams, Flynn claimed he was set up by the FBI. In May, the Justice Department said they would move to drop the case, with the motion now underway in the courts. Trump said on Monday that he has not ruled out a pardon for his former adviser and would await the result of efforts to dismiss his case. Trump has previously said that Flynn was “targeted in order to try and take down a president.” Some Trump allies are pushing for Flynn’s return to the fold. “He’s the perfect example of deep-state victimization,” former House Speaker Newt Gingrich told Politico in discussing Flynn’s potential to stump for the president on the campaign trail, as he did in 2016. “Great surrogate — lots of people would come to see him.” The left no doubt will be furious over Trump’s comments, particularly since Flynn was supposed to be a key casualty in their war against the president. With their efforts…

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