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If it is a game they want...then let us play!
“Now, legal plunder can be committed in an infinite number of ways. Thus we have an infinite number of plans for organizing it: tariffs, protection, benefits, subsidies, encouragements, progressive taxation, public schools, guaranteed jobs, guaranteed profits, minimum wages, a right to relief, a right to the tools of labor, free credit, and so on, and so on.”
― Frédéric Bastiat, The Law
And then says ----- “from $10.74 an hour to, in 2018, $15 an hour.” --- “to get the store on a balanced
financial footing, I’d have to lay off almost everyone on staff,”
. Laying off only one out of three employees would, at its worst in 2018, give
them $2.20 x 40 = $88.00 per week (plus payroll taxes) more profit per week.
Sounds like an exact “You’ve got mail.” story, poorly used as an example of taking water out
of one side of the pool and pouring into the other.
I had my own business for almost 20 years, and I know the heartache of letting it go. He isn't making this decision lightly.
"In November, San Francisco voters overwhelmingly passed a measure that will increase the minimum wage within the city to $15 per hour by 2018. Although all of us at Borderlands support the concept of a living wage in principal and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. "
Pretty ironic, huh!
SF is obscenely progressive, and it doesn't surprise me that a Mom and Pop bookstore wouldn't be liberal.
Then again...maybe they had decided to just admit defeat, AND REFUSED TO CAST AN OPPOSING VOTE! ;-)
%^&* your "hope", idiot!
Next you will push a bill that steals more from taxpayers to keep this bookstore open, you looter.
Poignant story....