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  • Posted by GordonMuth 9 years, 10 months ago
    They should stay open with a volunteer workforce...that accepts tips and fails to report them to the tax collectors!

    If it is a game they want...then let us play!
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  • Posted by ObjectiveAnalyst 9 years, 10 months ago
    They are always surprised. They have no foresight, or hindsight for that matter. That bookstore should have put some Bastiat in the front window long ago.
    “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
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  • Posted by PeterAsher 9 years, 10 months ago
    He says -- “Math leads to conclusions that cannot be argued with”

    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.
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    • Posted by Rocky_Road 9 years, 10 months ago
      With a net profit of only $3,000 PER YEAR ($58 a week), no one could absorb the mandated wage increase and justify keeping their doors open.
      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.
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  • Posted by LetsShrug 9 years, 10 months ago
    And then the store posts a sign that says this?? That they support what put them under. Wtf?

    "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. "
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    • Posted by Rocky_Road 9 years, 10 months ago

      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! ;-)

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  • Posted by freedomforall 9 years, 10 months ago
    San Francisco Supervisor Scott Wiener, a huge advocate for raising the minimum wage. “I hope"

    %^&* your "hope", idiot!
    Next you will push a bill that steals more from taxpayers to keep this bookstore open, you looter.
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  • Posted by Ben_C 9 years, 10 months ago
    Something about rocks and boxes comes to mind. "Liberals" rarely say "I" but most always say "They" when discussing controversial topics - such as minimum wage. Clearly Edward missed his Econ 101 Class.
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