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News & Current Events + Happenings
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Like It Or Not: As Minimum Wage Rises, Expect Higher Prices Reader 01/12/2018 (Fri) 20:00:19 Id: 40e3f2 [Preview] No. 5426
A Subway sandwich shop in Seattle, Washington, is no longer offering the famous ‘Five Dollar Footlong’ special due to the city’s progressively socialist taxation policies, labor laws and minimum wage mandates.

Franchise owner David Jones posted a notice to customers explaining why his store was unable to participate in the national promotion for which the company has become well-known.

“The cost of doing business is Seattle is very high,” he wrote. “We are balancing the Highest Minimum Wage in the Nation, Paid Sick Leave, ACA, Secure Scheduling, Soda tax and much more.”

Jones assured customers he was seeking other avenues to offer discounts as quickly as possible.

Photos of the note went viral, prompting Subway execs to threaten Jones if he did not take it down.

“I got a very stern call last night letting me know that my life was going to get very ugly if I didn’t take the sign down,” Jones said. “I took the sign down this morning.”

He described the phone call to My Northwest as “threatening,” explaining that the “implicit message was they would attempt to terminate his franchise if he didn’t comply.”

Jones established himself as a vocal critic of the $15 minimum wage ahead of its passage, warning that he would be forced to transfer the added cost to his customers.

“We’ll all have to up prices,” said Jones. “It takes our full margin out. Most restaurants make less than 10 percent. This takes 10 percent out of our margin.”

https://archive.fo/43FRk
https://www.infowars.com/no-five-dollar-footlongs-at-subway-in-socialist-seattle/


Reader 01/13/2018 (Sat) 00:52:33 Id: a1ae54 [Preview] No.5433 del
>A Subway sandwich shop in Seattle, Washington, is no longer offering the famous ‘Five Dollar Footlong’ special due to the city’s progressively socialist taxation policies, labor laws and minimum wage mandates.
News flash: they stopped offering it starting a few years ago, largely due to higher ingredient prices and inflation, nothing to do with "minimum wage increases".


Reader 01/13/2018 (Sat) 01:21:49 Id: 0b2088 [Preview] No.5438 del
>>5433
This article just mentions one shop in Seattle, Washington. I'm sure it varies depending on locations and the amount of customers they get too. Its not all that crazy to assume some businesses would raise due to a "sugar tax" or wage increase though. They got to keep making profits somehow, thats why they are in business.


Reader 01/13/2018 (Sat) 21:19:43 Id: ed967b [Preview] No.5458 del
And people here scoffed when I said prices of goods and services would raise with minimum wage. Businesses always do this. Raising min. wage is not the solution. The economy needs to be fixed from Keynesian fuckery first and foremost. Doing this is like slapping a bandaid on a severed arm. You're still going to bleed to death.



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