Tag: minimum wage
Gov. Gavin Newsom’s $20 Per Hour Fast-Food Minimum Wage Tanking the Industry
A new survey reports 74% of California fast-food restaurant owners said “there is an increase in the likelihood of shutting their restaurants down – an increasingly real concept as restaurants continue to shutter,” the Daily Mail reports. “Recent reporting from...
California Price Fixing Minimum Wage Hurts the Young and the Poor
“Workers need a living wage,” is California Gov. Gavin Newsom’s stubborn justification for signing the $20 per hour fast-food minimum wage bill into law. “We saw the inequities….We had a responsibility to do more.” Math is hard. Never once has Newsom...
U.S. Business Bankruptcies Up 40% Since January 2023; Small Biz up 60%
The American Bankruptcy Institute has bad news: Small business Chapter 11 business reorganization bankruptcy filings increased 60 percent from April 2023 to April 2024. Commercial Chapter 11 business filings increased 40 percent from April 2023 to April 2024, with high...
Small Business ‘Uncertainty’ Reaches Highest Level Since Pandemic Forced Business Closures
The National Federation of Independent Businesses released a new survey showing the highest Small Business “uncertainty” since 2020 during the pandemic, when “nonessential” businesses were forced to shut down. “The small business sector is responsible for the production of over...
Californians Are Asking, Where’s the Beef?!
Americans – not just the rich ones – used to be able to afford to eat steak every now and then. America is becoming a place where most people can’t afford to buy a hamburger – or a burrito –...
Gov. Gavin Newsom: How to Destroy California in Less than 10 Years
If I was a “progressive” governor and wanted to destabilize and destroy my state, there are certain policies I would impose, and orders I’d make, while insulating myself from my own policies: Create a housing shortage. Cut water off to...