The $15 minimum wage policy is giving New York City a major dose of economic reality.
New York City restaurants are eliminating jobs, reducing employee hours, and raising prices due to the higher costs of the $15-per-hour minimum wage.
The New York City Hospitality Alliance, a business association that represents restaurants in the city, claims that the restaurant industry in NYC is on the decline.
According to Andrew Rigie, the executive director of the trade association, “full-service restaurants recorded a 1.6 percent job loss, which is the first recorded annual loss in two decades.”
The New York City Hospitality Alliance’s revealed that approximately a third of respondents will reduce jobs and raise prices this year due to the $15 minimum wage that the New York state government enacted.
The survey found that 76.5 percent of full-service restaurants which responded ended up reducing employee hours, and 36 percent got rid of jobs.
Additionally, 75 percent of limited-service restaurants stated that they plan on reducing employee hours, and 53 percent will eliminate employment opportunities in 2019 due to the government-imposed wage policy.
New York’s governing class still believes the $15 minimum wage is the way to go.
Governor Andrew Cuomo, through a spokeswoman, defended New York’s minimum wage law:
All New Yorkers deserve to make a living wage and under the governor’s leadership, more minimum-wage workers than ever before have received an increase in their wages. The fact is that increasing the minimum wage puts more money in the pockets of hardworking New Yorkers, which creates more demand for local businesses and increases economic activity.
The Hospitality Alliance concluded that, “The results of this survey, and other industry trends, signal that a once-growing industry responsible for hundreds of thousands of jobs and billions of dollars in economic impact has become stagnant.”
New York’s economic policies have garnered significant criticism from various free market economists during the past few years.
Not only has the state of New York adopted a similar income tax scheme to the federal government, but it has also doubled down with regulations, spending, and other questionable policies like a $15 minimum wage.
William P. Ruger and Jason Sorens’s Freedom in the 50 States rankings provide an unflattering image of New York’s fiscal policies:
New York’s local tax burden is twice that of the average state: 8.5 percent of income in FY 2015. This is a dramatic rise from the early 2000s when it was 7 percent.
The state’s tax burden totals “a projected 6.8 percent of income in FY 2017”. Additionally, New York’s debt is the highest in the country standing at 31.2 percent of income. Given these factors, New York finds itself ranking last in fiscal freedom according to this report.
On top of that, New York falls in last place for overall regulatory policy rankings. When adding New York’s $15 minimum wage into the mix, the state has an explosive cocktail of government intrusion in the economy.
As a result, citizens are voting with their feet. In the same report, it was noted that in “the calendar year 2015–16 alone, 166,000 more people moved from New York to another state than moved in.”
Black Rifle Coffee Does Not Support Second Amendment Hero Kyle Rittenhouse
At this Time, Cons
Black Rifle Coffee, a coffee company based in Salt Lake City, is not defending 17-year-old Kyle Rittenhouse.
The company said that it was against a tweet that Blaze Media reporter, Elijah Schaeffer, posted that featured Rittenhouse wearing a Black Rifle Coffee Company shirt captioned “Kyle Rittenhouse drinks the best coffee in America.” Rittenhouse was released on November 20, 2020 after supporters were able to raise $2 million for his bail.
In the tweet, Schaeffer posted a discount code for the coffee. Sara Tabin of The Salt Lake Tribune noted that online Twitter users “questioned whether the coffee company had a sponsorship deal with Rittenhouse and accused it of supporting murder and hate.”
This prompted Black Rifle Coffee, the sponsor of the Slightly Offens*ve podcast, to release a statement on November 21 declaring that it is not sponsoring or supporting Rittenhouse.
Initially, there was a misunderstanding about the company withdrawing its sponsorship of Slightly Offens*ve. However, a spokesperson for the company told the Salt Lake Tribune on November 21 that “We are not fluctuating our ad spend.” The coffee spokesperson added “We did have a conversation with Schaffer, and he understands that the post was a mistake.”
She stressed, “We don’t traffic in national tragedy and to us, that’s what this is. We are not legal experts or members of law enforcement. We fully support all law enforcement officials and believe in the integrity of the legal system.”
The spokesperson reiterated that the company will maintain its sponsorship of Blaze Media. She explained: “Our concern is that use of the discount code in the post did not reflect our values. That’s a concern we’ve addressed with the journalist and that he understands.”
Blaze employees “make decisions about how to allocate ad dollars within the Blaze,” she remarked. Although the spokesperson did not go into further detail about the company’s status as a podcast sponsor, it noted that the coffee company and the Blaze are in talks about “how to move forward with the allocation of ad dollars.”
Black Rifle Coffee positions itself as a pro-Second Amendment, conservative company that was founded by veterans. Black Rifle Coffee co-founder Evan Hafer released a statement on November 21 declaring that “We do not support legal advocacy efforts. We do not sponsor nor do we have a relationship with the 17-year-old facing charges in Kenosha, WI.”
At the moment, Rittenhouse is facing two counts of first-degree murder for shooting and killing Joseph Rosenbaum and Anthony Huber during a Black Lives Matter riot back in August. In addition, he’s being charged with one count of being a minor in possession of a firearm. During the riots, Rittenhouse was attacked by Rosenbaum. Rittenhouse was carrying an AR-style rifle as he was walking down the street to protect private property from looters.
It is disappointing to see supposedly pro-Second Amendment businesses fold to the mob. Although the Left is very effective at mass politics and causing certain businesses to get cancelled, some businesses will have to take a stand. Submission to these radicals only encourages them to become bolder in their attacks.
Can Americans actually grow a spine for once?
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