this post was submitted on 13 Jun 2024
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Work Reform

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cross-posted from: https://lemmy.world/post/16471878

The fast-food industry claims the California minimum wage law is costing jobs. Its numbers are fake

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[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

Oh, I know they won't close. That's just their threat. They keep saying "oh woe is us, if we have to pay living wages then we won't be able to keep the staff hours or we'll go out of business and look at all the employees that would lose their jobs."

But it's a thinly veiled threat and always has been. What they are saying is "if you do this, I'll hurt all these people in response."

If your business closes because you can't manage your costs, then another business will fill the void that can. Isn't that how they always describe capitalism and the "free" market? They have money to pay for all this media and "reporters" to repeat their propaganda. They'd rather pay that then spend the same on their employees.