...even though you are all so disagreeable that you will surely find a nit to pick....
"Major corporations close because of minimum wage hikes "
That's bullshit. Corps could easily pay their employees more if their spending wasn't so ridiculous and out of control. The problem is that they're all so bureaucratic and top-heavy they neglect the mechanisms that actually generate revenue. They think glad handing and luxury retreats and lawyers and pandering to extremists are worth enormous amounts of money, but when it comes to the boots on the ground....eh, screw those people.
That's the problem with liberals: they don't know how anything works and they don't want to tax their "brains" by giving it any thought. Absolutely these corps could pay their employees a living wage, but they're not going to do that because it will cut into the millions per year the top twelve tiers of the structure are pulling down, not to mention the "consultants" who are paid in the millions to do exactly nothing.
"We're setting aside $50 million for a consultant who will create a campaign to show our minimum wage no benefits workers how much we care about them....."
They would rather go out of business than shave one dollar off their own compensation and their pet non-revenue producing projects. So when states raise the minimum wage, corps respond by either raising prices or firing low level workers and replacing them with expensive technology - sometimes both. Or they close locations, because THAT produces revenue, sure.
So in short, corporations are stupid. As stupid as government. Any time something gets enormous and unwieldy, it becomes stupid and out of control. And they are NOT going to pay low tier employees a "living wage". Not ever.
Restaurant chain shuts down nearly 50 locations in California following minimum wage hike
The Mexican restaurant chain Rubio's Coastal Grill has announced the closure of 48 restaurants across California following a minimum wage hike in the state.
www.foxbusiness.com
"Major corporations close because of minimum wage hikes "
That's bullshit. Corps could easily pay their employees more if their spending wasn't so ridiculous and out of control. The problem is that they're all so bureaucratic and top-heavy they neglect the mechanisms that actually generate revenue. They think glad handing and luxury retreats and lawyers and pandering to extremists are worth enormous amounts of money, but when it comes to the boots on the ground....eh, screw those people.
That's the problem with liberals: they don't know how anything works and they don't want to tax their "brains" by giving it any thought. Absolutely these corps could pay their employees a living wage, but they're not going to do that because it will cut into the millions per year the top twelve tiers of the structure are pulling down, not to mention the "consultants" who are paid in the millions to do exactly nothing.
"We're setting aside $50 million for a consultant who will create a campaign to show our minimum wage no benefits workers how much we care about them....."
They would rather go out of business than shave one dollar off their own compensation and their pet non-revenue producing projects. So when states raise the minimum wage, corps respond by either raising prices or firing low level workers and replacing them with expensive technology - sometimes both. Or they close locations, because THAT produces revenue, sure.
So in short, corporations are stupid. As stupid as government. Any time something gets enormous and unwieldy, it becomes stupid and out of control. And they are NOT going to pay low tier employees a "living wage". Not ever.