Re:How the Minimum Wage Affects Restaurant Hygiene
by brianwawok on Saturday September 16, 2017 @01:15PM
(#15265531)
What is a fair profit for the owner of a small restauraut? Put 500k in to start it. Puts in 70 hours a week. Since you want to say what a fair profit is, what is it? 30k a year? 200k? 500k?
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Re:How the Minimum Wage Affects Restaurant Hygiene
by the_evacuator on Saturday September 16, 2017 @01:28PM
(#15265582)
Restaurant profits are controlled by landlords. The rent goes up just to the point where the business survives. Due to the natural shortage of space, this works perfectly for landlords and not very well for anyone else.
What the minimum wage does is create an unmoveable barrier that can't be negotiated away. Minimum wage lowers the maximum rent the landlord can charge without killings the tenant. The wages come out of the landlord's pocket, not the business's.
Re:How the Minimum Wage Affects Restaurant Hygiene
by humanrebar on Saturday September 16, 2017 @01:41PM
(#15265643)
What about in small rural towns where rent isn't as egregious?
Re:How the Minimum Wage Affects Restaurant Hygiene
by the_evacuator on Saturday September 16, 2017 @02:29PM
(#15265911)
I agree that minimum wages need not be uniform over large geographical areas.
Re:How the Minimum Wage Affects Restaurant Hygiene
by humanrebar on Saturday September 16, 2017 @11:31PM
(#15268107)
> The wages come out of the landlord's pocket, not the business's.
I was referring to this claim. If rent is a relatively modest expense, how does a minimum wage come out of a landlord's pocket?
Re:How the Minimum Wage Affects Restaurant Hygiene
by 35bge57dtjku on Saturday September 16, 2017 @01:57PM
(#15265729)
Their prices are lower.