Tuesday, December 22, 2015

NYT: Egghead Economists Study What Business People Already Know

     An analysis of the $15 an hour wage shows it would indeed impact areas differently. That's no surprise and it's problematic for small business.
      If any customer base is surveyed, they will say they want their servers paid more, but if you ask if they will pay more for the product and many will say they will seek the cheaper brew up the street.
      This is a town where for $50 difference a year some will go across town to join a different golf club.
       Next week the hourly minimum for tipped workers goes up by 50% in NY. Now many of us have tried to stay at or above the regular minimum as an incentive in a competitive market, but that strategy gets tougher all the time.
       Last night a big increase in the county property tax levy within the city was approved, as was the recent hike in sales tax 
        A light winter is the only bright spot for small business trying to hold down cost to maintain the margins they need to survive.
         http://www.nytimes.com/2015/08/13/upshot/what-a-15-minimum-wage-would-mean-for-your-city.html?WT.mc_id=2015-KWP-AUD_DEV&WT.mc_ev=click&ad-keywords=AUDDEVREMARK&kwp_0=34578&kwp_4=198972&kwp_1=177198

8 comments:

Anonymous said...

I am the Mayor who raised the city tax levy 10% yet still only point out other's faults.

Bye Bye

Anonymous said...

Its uncommon for the NY Times to come so close to telling the actual truth.

One thing that is not mentioned in this article that suggest the lowest wage should earn at least half of the average wage, is that those higher paying average wage earners often work far more than twice as hard as the lowest paid workers. Consider a teenager who works the night desk at a hotel and spends the night texting and checking her facechat while a few customers straggle in over the hours. That is waaaay easier than shoveling hot stinky pavement for a few dollars an hour more.

Anonymous said...

Thanks for making my day Jeff...

So full of good news and holiday cheer this morning. :)

Anonymous said...

Vote Democrat. Get a more totalitarian government. Benito rules.

Anonymous said...

Wow am I thrilled.. I just got my North country jobs report from none other than Patti Ritchie..
She single handed saved six hundred jobs at Alcoa
She has hel[ped Ogdensburg Soar... I thought Nelson was taking that credit
They are re-thinking the Center... They have been doint that for 10 to 12 yfears now
Investing in training.. For what????

She did nothing and I mean nothing for Alcoa .. Ogdensburg is a dump because of politicans like her and Bill Nelson.. Rethinking the center is something the state has done for years its gone unless some person with lots of money gets to buy some property down there.
I still dont get my Star Rebate back like she promisedf
She still hasnt done away with any authorities orcommissions to save us any money
She sponsored the biggest tax hike in SLC history
She sponored another one for Jefferson Co
She voted to give taxpayers making as much as $250.000 a tax break and rebate while people in her own juristiction are starving..
She accepted help and money from now convicted felons in the NYS senate and from people they influeneced to support her in return for her votes
She is a very friendly and outgoing person but she sucks as a lawmaker and represenative for us in NNY/

Anonymous said...

8:40, you're right. The NYT isn't in that habit of reporting much of anything truthfully. Unless you live near a golf course, most don't give it a lot of credence. Today, they had a big barf about how relaxing law in Missouri has led to increased violence. We expect that spin from the NY Times. What was so disappointing, yet again no surprise, was that junknews obediently tagged the article. That smith guy is a wanna be, so he has to bend over for fashionable BS.

Anonymous said...

Oh, get over yourselves.

People deserve at least $15/hour so loosen up the purse strings.

O'Bama wants it that way.

Anonymous said...

Nailed it 3:12. Pati hasn't lifted a finger for Massena.