Re:$15 minimum wage didn’t hurt NYC restaurants
by subpixel on Tuesday October 29, 2019 @08:56AM
(#21386561)
Yes, absolutely, and eventually.
Restaurants have long been subsidized by workers stuck in a position where they will work for _any_ wage. As that changes, which is demonstrably a good thing, so will prices rise to match costs.
It’s similar to the way Uber/Lyft prices will need to rise when their subsidies change terms.
Restaurants have long been subsidized by workers stuck in a position where they will work for _any_ wage. As that changes, which is demonstrably a good thing, so will prices rise to match costs.
It’s similar to the way Uber/Lyft prices will need to rise when their subsidies change terms.