So money doesn’t grow on trees? At the end of 2015, the majority of the public were in favor of raising the minimum wage to $15. Politicians everywhere were including it in their platforms saying that it was only fair to make business owners responsible for providing their employees a living wage. It was the new talking point and surely it gained them votes.
Given a population who are of the mind that they are entitled to a living wage regardless of the effort they have done to make themselves more equipped to merit a better wage. Some workers were not affected by the minimum wage hike as they were already earning of the minimum. The wage hike mainly affected employees working jobs that didn’t require any skills or a higher level of education.
This is not to say that those earning above the minimum wage merit the higher wage. In a lot of cases, they are earning more thanks to union contracts or they are employed by the government. Some actually merit a higher rate of pay because they made the effort to get the education or skills to qualify for a position that requires knowledge. I am somewhat under the belief that any job other than self employment should be based on the worker’s skill level and not by the amount of time the worker has worked for a company.
Now restaurant owners in New York are seeking that the city allows them to levy a surcharge on diners to keep them from going bankrupt. They have been facing rising food prices, rents and payrolls. Their profit margins have been cut to make ends meet and now they have nothing left to cut.