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"There's only so much you can charge for tamales"
By Donald Sensing[SenseOfEvents] San Francisco's municipal minimum wage is eating the restaurant business there out of house and home. When San Francisco added its own municipal minimum wage in 2004--one of the first in the country--the operating assumption was that tourists and techies would pay the higher prices necessary to offset the cost of the city’s generosity. Last year the San Francisco Chronicle looked at 20 years’ of menus from top restaurants and reported that prices had jumped 52% since 2005, twice the rate of inflation. But increasing prices isn’t a panacea for restaurant owners. "There’s only so much you can charge for tamales," the owner of a small eatery said in 2015 to explain one reason he was closing. Read the whole thing. But fairness, comrades! Posted by: g(r)omgoru 2017-05-21 |
| http://www.rantburg.com/poparticle.php?ID=488488 |