In New Mexico, and across the nation, Leftist radicals who have no clue how to run a household are calling for a minimum wage hike. While some might advocate a higher minimum wage on the national level, the reality is that in many places higher minimum wages are being passed at the city level. The radicals have been working at it in cities in New Mexico with some success.
But what does this mean for the individual who is supposedly going to benefit from the minimum wage increase? In some cases the single mom who is already struggling may loser her job because her boss can’t afford to keep her as the increase is mandated. In other cases it may simply mean that the employee can afford to buy less as inflation rises (due the Leftists even know what that means?). I suppose if you don’t pay attention to the prices at the local grocery store you might not care…
It doesn’t take a rocket scientist to see that if prices at the restaurant or grocery store go up, that will just mean less money. Um…right?
Here’s a great graphic for the learning impaired (or liberal Democrats):
Fast Food Prices before and after $15/hour minimum wage hike
The average fast-food restaurant would have to raise prices 38 percent to cover labor costs after a $15-an-hour minimum wage according to research from James Sherk, senior policy analyst in labor economics at The Heritage Foundation.