High prices are just one logical result of California’s disastrous mandate to impose a $20 minimum wage on workers in fast-food restaurants.
A recent trek to southern California brought not only a trip down memory lane for this writer but also a case of sticker shock. Consider just some of the expenses that busted my food budget: $10.71 for a McDonald’s McMuffin meal; $15.93 for a steak burrito (without sides) at Baja Fresh; and $26.44 for a kebab plate and baklava from a local Middle Eastern chain.
These high prices represent one logical result of California’s disastrous mandate to impose a $20 minimum wage on workers in fast-food restaurants. At a time when Americans across the country continue to suffer the ill effects of “Bidenflation,” Gov. Gavin Newsom, D-French Laundry, has imposed yet another higher cost on residents of, and visitors to, the Golden State.
Employers Cutting Hours — and Workers
It stands to reason that imposing a 25 percent increase on businesses’ labor costs would have undesirable effects. Sure enough, a recent survey of limited-service restaurants undertaken by the Employment Policies Institute demonstrates the damage to California establishments and workers. […]
– Read More: thefederalist.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
