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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:

What fact Bob?


Still no link.

Shocking.


the808bass
Louisville Fan
The Lou
Member since Oct 2012
61316 posts

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

Wage increases in Seattle, San Francisco and Portland boosted the company’s wage expenses by a total of $10.6 million through its fiscal year end 2019, Bagley said. Revenue for the year ended May 31 was $176 million, down 1% from the prior year.


It’s kind of shocking when you see that. Wage increases in three markets increased its labor expenses to the tune of 5.7% of their entire revenue. That’s shocking.
This post was edited on 7/9 at 8:53 pm


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20
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
You are truly a broken record of retard.


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

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

You are truly a broken record of retard.


And yet you won’t back up your stupid statement.



gthog61
Georgia Tech Fan
Irving, TX
Member since Nov 2009
44337 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Oh look, being annoying supporting another stupid idea


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50
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
Confused retard is confused.


ljhog
Arkansas Fan
Lake Jackson, Tx.
Member since Apr 2009
16483 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Solution to the wage issue. Deport all the illegal aliens and their families. The resulting decrease in supply of labor will cause wages to rise.


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

I’m confused. Lol


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
So you can't answer a simple question new day same bull shite from the Madtown Mutt.


AUsteriskPride
Auburn Fan
Albuquerque, NM
Member since Feb 2011
17019 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Congrats "progressives", that's a lot of people without a job now.


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20
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USA
Member since 2001
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BFIV
Virginia
Member since Apr 2012
3380 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Just curious, but how many of your entry level workers were druggies, too? That seems to be par for the course up here for restaurant servers. That's all they can get to take those jobs.


FightnBobLafollette
Wisconsin Fan
Member since Oct 2017
5911 posts
 Online 

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

u can't answer a simple question new day same bull shite from the Madtown Mutt.



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


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03
supadave3
LSU Fan
Baton Rouge
Member since Dec 2005
20428 posts

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

Hidden Tiger


quote:

hoosier-trash-average people


You're from St. Louis, aren't you? Or at least the state of Missouri. I'd bet money on it. That is the only place that I've heard the term 'hoosier' used as a synonym of white trash.

Kind of like 'poo-doo' from Vermillion Parish.


the808bass
Louisville Fan
The Lou
Member since Oct 2012
61316 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
That is a true story.


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00
Hidden Tiger
Member since Jun 2019
250 posts

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

Ya know, it really surprised me when I first learned 'hoosier' was a local-only term.

Phonetically and just all around it just seems like it fits so well.

There's so many different types and levels of hoosiers. It's a topic I enjoy talking about.

There's good hoosiers, and bad. And actually wealthy, and midrange, and poor.

The word was almost totally wiped out of my vocab by the time I was out of college bc people were like, what...?
This post was edited on 7/9 at 10:43 pm


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01
WorkinDawg
Georgia Fan
Atlanta
Member since Sep 2012
5524 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
(no message)


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00
Asharad
Alabama Fan
Tiamat
Member since Dec 2010
3682 posts

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

Probably crap food did them in



Democrats:



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00
germandawg
Member since Sep 2012
14036 posts

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

So if you pay 15 hour don't rents and other goods/services go up therefore negating some of the increase in pay?


People are paying rent rates as they are now through subsidies and living in conditions that are less than legal (this is especially true in Seattle where 1 or 2 people are on a lease and 6-8 people are sharing the space). The city and the state are subsidizing low income housing already so the taxpayer is subsidizing the housing costs of these employers employees. Expendable income isn't on the rise.....what is on the rise is income which is required to maintain current levels of production. Instead of the costs of living (and therefore production) being subsidized by taxpayers the burden is placed where it should be....on employers who need that production to operate.

I don't know of any economic law which states that as costs go up prices automatically follow. If this were true there'd be very little risk in operating a business. I know this is a commonly held idea among the right....that if costs go up prices must follow....but it isn't necessarily true otherwise management wouldn't care about managing costs.....prices can only go up if the market allows....it has nothing at all to do with production costs....if production costs dictated market price there would be no point in managing anything...simply build shite or provide a service without regard to cost and prices would automatically go up....that doesn't work....


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
quote:

I don't know of any economic law which states that as costs go up prices automatically follow. If this were true there'd be very little risk in operating a business. I know this is a commonly held idea among the right....that if costs go up prices must follow....but it isn't necessarily true otherwise management wouldn't care about managing costs.....prices can only go up if the market allows....it has nothing at all to do with production costs....if production costs dictated market price there would be no point in managing anything...simply build shite or provide a service without regard to cost and prices would automatically go up....that doesn't work....


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10
Clames
LSU Fan
Member since Oct 2010
9986 posts

re: Restaurant Group Files For Bankruptcy After Minimum Wage Laws Harm Profitability
Can always tell the ones with zero experience in business or manufacturing.


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