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rusnak rusnak is offline
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Join Date: Oct 2004
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San Francico and Seattle will be the test case.

You could no sooner compare two different states for the number of restaurants and get any sort of good data than you could compare the Moon to Venus.

San Francisco already squeezes the customer for too much as it is, and their minimum wage is going to go up to around $12, then keep going. Los Angeles is contemplating a $15 minimum wage as well, but I think they'd be well advised to see how SF and Seattle play out.

When your operating margin is less than 15%, and your overall costs go up 10%, your busines is not long for this world. That is the case. It's going to be up to customers to decide whether they want to take the hit, because business can not.
Old 04-23-2015, 07:51 PM
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