Who would have thought?

Adam Smith. I guess now the millenials will starve because they're too stupid to cook for themselves.

....how lonely are you?

New York is going to have shit and needles on its streets in two years if the liberals keep up the crazy shit.

thats what you get

The profit margin in small restaurants and fast food establishments is fairly low to begin with. I remember being manager for a Fox's Pizza back in the day. It was a weekly fight to keep wages from overtaking profit. If someone told me to double the wages, the fight would've been over. There would have been no way to keep the doors open without raising the prices across the board, something the Chain wouldn't allow. Then you have to take into consideration whether someone would pay for the increased price in food. If you take that concept and expand it across all financial sectors, then the prices of goods, either go up or people get laid off, or both. It's math at the end of the day.

Employers don’t have an unlimited supply of funds to pay their employees with. The more expensive human labor becomes, the more feasible it is to replace them with machines.

I've always found it laughable that those who favor these types of wage increases seem to think that businesses will just accept reduced profits. They can't. Even large corporations like McDonald's have shareholders they are responsible to. And whose stock do you think your penxions and 401K's are invested in? It's not all tech.