Connect with us

New Yorkers Find Out Hard Way Downside Of Raising Minimum Wage To $15

Published

on

This is what happens when you continue to vote in Democrats. New Yorkers never seem to learn that elections have consequences.

Stop electing Democrats! The Democrat party does not want any city in this country to thrive. Everything they touch turns to crap. They are failures and want you to be one as well.

Wake up, folks!

Via The Daily Wire:

When Democratic New York governor Andrew Cuomo signed legislation in 2016 hiking the state’s minimum wage to $15 per hour by December 2019, he stated that the bill was to serve “the needs of workers and businesses alike.”

New York City businesses are discovering that Cuomo’s intent is bearing bitter fruit.

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.”

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.”

Andrew Riggie, executive director of the New York City Hospitality Alliance said, “Many people working in the restaurant industry wanted to work overtime hours, but due to the increase, many restaurants have cut back or totally eliminated any overtime work. There’s only so much consumers are willing to pay for a burger or a bowl of pasta.”

Sarah McNally, owner of McNally Jackson Books, told the Journal, “With raising minimum wage to living wage, it feels now like we’re at the bottom of the pay spectrum. There’s absolutely no benefit to being a retail business in New York.”

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

John Bonizio, owner of Metro Optics Eyewear, echoed, “As a retailer, I was not opposed to the minimum-wage increase because it puts more money or more disposable income into the pockets of people who are my customers. But, what you have to stop doing is picking the pockets of small businesses.” Continue Reading

DONATE NOW TO BUILD THE WALL WITH BRIAN KOLFAGE, CLICK BELOW:

 

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please hover over that comment, click the ∨ icon, and mark it as spam. Thank you for partnering with us to maintain fruitful conversation.

Trending Now on Right Wing News


Kennedy: I want Hillary to run in 2020

Published

on

...

* By

Continue Reading

Navarro slams Jay Powell amid feud between Trump and Fed

Published

on

...

* By

Continue Reading

Latest Articles

Latest Articles

[ifform list="4174" submit="Subscribe"]

Send this to a friend