California: Minimum Wage Hike Causes Almost 10K Jobs Loss, Price Increases, Restaurant Closures

Minimum wage is a truly nutty concept.

It’s one of those things like “the gender pay gap” where it’s just so obviously ridiculous that it’s hard to believe adults believe in it.

It’s Willy Wonka type shit.

There is just so much data on how destructive it is to small businesses and the working class that the fact that “leftists” think it’s a good idea is just mind-boggling.

The Post Millennial:

Since California Gov. Gavin Newsom’s $20 minimum wage law took effect in April, nearly 10,000 jobs have been slashed from the state’s restaurant industry. Struggling franchises have been forced to cut labor and spike prices to survive the costly wage increase, resulting in mass layoffs and a decrease in consumerism.

Tom Manzo, president and founder of the California Business and Industrial Alliance, told Fox News that state lawmakers were living in a “fantasy land” when they thought minimum wage increases would help workers and businesses. He revealed that since Governor Newsom signed AB 1287 into law, which took effect April 1, nearly 10,000 people in the restaurant industry have lost their jobs.

“California businesses have been under total attack and total assault for years,” said Manzo. “It’s just another law that puts businesses in further jeopardy.”

A number of well-known restaurants, such as McDonald’s, Burger King, and even the Golden State’s famous burger chain In-N-Out Burger, had to raise prices to make up for the increased pay. Many were forced to reduce employee hours, and some transitioned to automation, per the New York Post.

“You can only raise prices so much,” said Manzo. “And you’re seeing it. People are not going to pay $20 for a Big Mac. It’s not going to happen.”

Manzo also called fast food “a starter industry” and explained that it was never meant to be a long-term, high-paying job.

“You get a job as a kid working in a fast food restaurant and you learn some good work ethic and that takes you into life,” he said.

The first big chain to be affected by the new regulation was Rubio’s California Grill, which is well-known for its fish tacos. At the end of May, just one month after the law took effect, 48 of its approximately 134 sites were closed. The closures were attributed to the state’s “increasing cost of doing business.” On Wednesday, the chain filed for bankruptcy.

California is the number one state for mass immigration of third worlders.

Then people are shocked by the wages.

So they do this.

It’s incredible that adults behave this way.

Based black guy once again says it like it be

Snake Baker contributed to this article.