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FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

Does a sixteen year old high school student with very little skills deserve a "living" wage your Dems are yapping about?


That never happened.

The desperation. Lol


germandawg
Member since Sep 2012
14036 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

So the company wasn't viable when it was forced to foot the actual costs of its production out of its end and wasn't allowed to rest on the taxpayer to subsidize its workforce. That'll happen when all of a sudden you are expected to actually be self reliant instead of merely claiming to be.... What you know about running a business could fit in a thimble.


It'd be a big ole thimble my friend....

So a little quick research suggests that in order to live in a studio apartment in Seattle and not be a burden to taxpayers by using public transportation and the like a person has to earn a little less than $19 an hour. Its slightly higher in the surrounding metro area. That's a little less than $7 an hour deficient that this restaurant was required to pay...so someone will make up that $7 and it will be taxpayers in the form of subsidized housing, transportation costs, health care etc. Imagine what this business was getting by with prior to the $12 an hour minimum wage???? And ya'll are all in on subsidizing this operations production costs as long as they don't have to pay a living wage....why???? Why are you ok supplementing the income of wealthy people and investors but opposed to helping working people


jimmy the leg
LSU Fan
Member since Aug 2007
5943 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

a trend of consumers shunning casual dining.” 


I would imagine the additional cost of wage increases has been passed onto the customer base. I would also imagine that is a factor in "consumers shunning casual dining."



Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
56344 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
bullshite


the808bass
Louisville Fan
The Lou
Member since Oct 2012
61316 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

It'd be a big ole thimble my friend.... So a little quick research suggests that in order to live in a studio apartment in Seattle and not be a burden to taxpayers by using public transportation and the like a person has to earn a little less than $19 an hour. Its slightly higher in the surrounding metro area. That's a little less than $7 an hour deficient that this restaurant was required to pay...so someone will make up that $7 and it will be taxpayers in the form of subsidized housing, transportation costs, health care etc. Imagine what this business was getting by with prior to the $12 an hour minimum wage???? And ya'll are all in on subsidizing this operations production costs as long as they don't have to pay a living wage....why???? Why are you ok supplementing the income of wealthy people and investors but opposed to helping working people


You’re reinforcing my point.


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31
the808bass
Louisville Fan
The Lou
Member since Oct 2012
61316 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

I would imagine the additional cost of wage increases has been passed onto the customer base. I would also imagine that is a factor in "consumers shunning casual dining."


There’s a reason why half of Groupon is restaurants. Dining out is one of the most elastic demand curves out there.


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41
roadGator
Florida Fan
Member since Feb 2009
96442 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
So if you pay 15 hour don't rents and other goods/services go up therefore negating some of the increase in pay?


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

would imagine the additional cost of wage increases has been passed onto the customer base. I would also imagine that is a factor in "consumers shunning casual dining."



Oh. Those cost weren’t passed on to other restaurants.

Do you even think?


Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
56344 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Beautiful man just beautiful.


Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
56344 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Yes they do.


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SOSFAN
South Carolina Fan
Blythewood
Member since Jun 2018
2636 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Be careful liberals don't like true facts thrown at them.


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30
FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

bullshitee


Post a link.

You won’t.

Loser.


Hidden Tiger
Member since Jun 2019
250 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Why not share the full story?

The articles on this matter also point to multiple openings that failed recently, not because of wage law but because the concept didn't work.

The articles also mention the shrinking market for this type of food service.

There is a general trend away from this type of casual dining.



FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

Beautiful man just beautiful.


This is how we know you are defeated.


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

The articles on this matter also point to multiple openings that failed recently, not because of wage law but because the concept didn't work.



Shhh. Muh narrative.
quote:

articles also mention the shrinking market for this type of food service.



Shhh. Nobody is going to fast casual.
quote:

There is a general trend away from this type of casual dining.



Muh facts!!!


roadGator
Florida Fan
Member since Feb 2009
96442 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

Nobody is going to fast casual


Flails around tirelessly for truth and then drops the above lie.

gotta love PedoBob


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

Flails around tirelessly for truth and then drops the above lie.

gotta love PedoBo


Misses the obvious sarcasm.

Jfc. You are a dope.


Hidden Tiger
Member since Jun 2019
250 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
People are seeing through these types of establishments.

Chains like Applebees and Outback seem to stick around because there's enough hoosier-trash-average people out there who don't know any better, plus travel ball.

I went to a place called Viscia today. World class level restaurant. Had lunch for 12 dollars. Husband and wife. Moved back home from NYC. There is passion there. There is soul. Heart. It's amazing.

The lunch menu is super lean, keeping costs down. Minimalist and updated ethos to how to run a business.

That example is on the rare-end of the spectrum in terms of quality and price, but every city is seeing a boom in establishments with a passion for what they're doing.

There's a reason small-op breweries are taking huge chunks away from the big players.

People have evolved their tastes.

Shit-ass, US Food Truck restaurants like Restaurants Unlimited are suffering unless they have a huge top-of-mind name like Long Horn Steakhouse that hoosiers and other trash demographics still like.


roadGator
Florida Fan
Member since Feb 2009
96442 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Just stop lying, my pedo friend.


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
quote:

Just stop lying, my pedo friend.



Go to bed old man.

Everyone knows fast casual is killing it.

Chipotle. Portillos. Panera.

Moron
This post was edited on 7/9 at 7:40 pm


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