Oh, for the love of… Go ahead and just secede already!
It’s mind-boggling just how far California has fallen and after all this time, despite all the evidence in the world, they still don’t get it.
Even when one of their own steps up and drops a wicked truth bomb, they just twirl around on the sidewalk, pretending nothing is happening.
In today’s wonderful karma lesson: One of conservatives’ biggest arguments against dramatic hikes to the federal minimum wage were warnings that such moves would cause businesses to go under and shut doors.
Democrats like to scoff and mock, and call such lines of thought all bluster and bluff. But the fact is, adding requirements of any kind on businesses generally carries some sort of financial repercussions.
Case in point:
Enacting overnight massive minimum wage hikes is the regulatory equivalent of a massive head butt: most businesses just aren’t equipped to deal with that kind of cost without raising prices on consumers.
Well now the roosters have come home to roost, it seems.
“Restaurants are rapidly going out of business in the Bay Area, after San Francisco passed a $15 minimum wage law in 2014 and the State of California followed suit in 2016,” Breitbart reported.
Will wonders never cease?
But what’s equally bad is that the media just can’t get it through their heads that the minimum wage hikes and shuttered businesses are linked – that the one does indeed lead to the other.
So you know what that means, right? It means that the anti-business cycle will continue because members of the media won’t report on the truth of the situation.
Don’t you love how those of liberal leanings, with nary a business background, always try to dictate to business what works, what doesn’t; what should be policy and what shouldn’t?
Left-leaning ideologues constantly make a muckery (I spelled that correctly, by the way) of the free market. Yet when things go south, they never admit their failures and rather, go right back to the same regulatory drawing board to try and “fix” the mess they caused in the first place.
And their fixes are always the same: more regulatory control in the hands of government.
Maybe with Donald Trump as president – a leader who truly understands not only how to make a buck but also how to let others do the same – these massive minimum wage hikes that have been trending across the country in recent times will hit the hay, and the free market will come back in full force to show the anti-capitalistic crowd that freedom is actually a good thing for business and economic growth.