Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: wage

Restaurants Add “Labor Surcharge” to Tabs to Cover Minimum-wage Increases

This article appeared online at TheNewAmerican.com on Monday, March 13, 2017:

English: This is actually Tom's Restaurant, NY...

Instead of increasing their menu prices in response to increased minimum-wage levels, restaurant owners are burying their increased labor costs at the bottom of each tab. The increase, between three and four percent, only comes after the customer has completed his meal. The increase also increases the tip customers leave behind as most customers leave a gratuity based on the check’s total. This is going to raise the average customer’s check, which has already increased by nearly 11 percent since 2012, close to five or six percent.

Some restaurant and fast-food owners aren’t burying the increase but are instead calling attention to it so that customers know that they’re the ones actually bearing the brunt of the forced increase in the minimum wage. Sami Ladeki, the owner of six Sammy’s Woodfired Pizza & Grill restaurants in San Diego and eight others across California, used to call it a “California mandate” but removed it after getting a call from the city attorney. Ladeki, who says he makes a profit of around one percent charging $12 to $14 a pizza, told the Wall Street Journal:

Keep Reading…

Update on Warren Buffett’s “The Bet” (or How Your Money Finds Its Way to Wall Street)

This article was published by The McAlvany Intelligence Advisor on Wednesday, March 1, 2017:

Warren Buffett speaking to a group of students...

Warren Buffett speaking to a group of students from the Kansas University School of Business (Photo credit: Wikipedia)

In the latest shareholder letter just released by Berkshire Hathaway, Warren Buffett brought his fans up to date on “The Bet.” On its face it seems simple: Buffett was willing to bet good money that any S&P 500 index fund would beat, over a period of time, the performance of the best money managers in the business. But no one took him up on his wager:

Keep Reading…

Americans Eating Out Less Thanks to Higher Prices

This article appeared online at TheNewAmerican.com on Friday, February 24, 2017:

At Jamila's, a Tunesian restaurant on Maple St...

A Reuters/Ipsos survey released on Tuesday revealed that one-third of U.S. adults are eating out less frequently than they were just three months ago. Two-thirds of those staying home said it was because of higher restaurant prices. This news comes on top of reports that restaurant traffic was flat for all of 2016. In fact, the industry as a whole has gained just one percent in traffic since 2009.

Apologists for the industry offered all manner of explanations:

Keep Reading…

Study: $15 Minimum Wage Would Force McDonald’s to Increase Prices 38 Percent

This article appeared online at TheNewAmerican.com on Monday, February 20, 2017:

English: The official logo.

James Sherk, a Hillsdale graduate and now the Bradley Fellow at the Heritage Foundation, found that if a $15 minimum wage is enforced across the country, fast food prices will jump far more than initially thought. A 10-piece Chicken McNuggets, currently priced at $4.49, would jump to $6.20. A Starbucks Grande Mocha Frappuccino would increase from $4.56 to $6.29, while a 6-inch turkey sub at Subway would cost $5.87, up from $4.25. A Whopper Meal from Burger King would jump to $8.96 from $6.49.

A CrunchWrap Supreme, Crunchy Taco and large drink from Taco Bell would cost $8.27, up from $5.99; a Wendy’s Son of Baconator Combo, currently $6.69 would cost $9.23; a Chick-fil-A Chicken Sandwich Combo, priced at  $5.95, would cost $8.21; and a Pizza Hut Medium Hand-Tossed Cheese Pizza, on today’ menu at $11.95, would jump to $16.55.

That’s a 38-percent increase, far higher than many old-school economists have concluded, and it puts the lie to union claims that raising the minimum wage to $15 an hour would result in a transfer of wealth from rich business owners to low-paid workers. Sherk’s analysis concludes that there would be a transfer, but it wouldn’t be from the business owners: It would be from their customers.

First, those owners with a McDonald’s franchise aren’t rich and they’re not likely to become rich. Ed Rensi, who worked for McDonald’s for 30 years, ending up as the company’s CEO in 1991 and retiring in 2007, told Forbes:

Keep Reading…

The Broken Promise of Minimum wage laws

This article was published by The McAlvany Intelligence Advisor on Monday, February 20, 2017:

The promise is that by requiring businesses to pay their employees $15 an hour, the net result is that everyone will live better. The low-paid people will have more money to spend, the upward “ripple” effect on other higher-paid people in the organization will also have more money to spend, the economy will grow, there will be more jobs hiring people who will then have more money to spend, and so on into the woodwork.

This was the claim by that “poverty” expert, former Senator Teddy Kennedy whose family’s wealth extended backwards for generations, who said that

Keep Reading…

Venezuela’s Dictator Fires Head of Central Bank; Inflation at 1,600 Percent

This article appeared online at TheNewAmerican.com on Monday, January 23, 2017:

Nicolas Maduro

Venezuela’s Marxist dictator, Nicolas Maduro (shown), fired the head of his country’s central bank on Friday. Without fanfare or any public statement from either Maduro or his banker, Nelson Merentes, the firing is the latest move by the president to place the blame for the collapse of his country anywhere but where it belongs: on his socialist policies.

For months The New American has tracked the retrogression of a country which was once one of the leading economies in South America to a banana republic where people are starving, sick people are dying for lack of care, and a black market has replaced a once-thriving free economy. Last June, the New York Times was finally forced to admit the cause:

Keep Reading…

IG Report on Social Security: Dead People Still Reporting Wages

This article appeared online at TheNewAmerican.com on Friday, January 6, 2017:

Seal of the United States Social Security Admi...

The latest report from the Office of the Inspector General (OIG) overseeing operations at the Social Security Administration has “identified 1,074 individuals who were at least age 85 in 2009, [who had] about $145 million in wages posted to their earnings record” over the next five years.

In addition inspectors identified another 7,949 people who had $57 million in wages posted to their Social Security accounts whom the agency knew were dead.

Keep Reading…

McDonald’s Response to $15 Minimum Wage: Automation in Every Store

This article appeared online at TheNewAmerican.com on Wednesday, November 23, 2016: 

English: The mdonalds logo from the late 90s

It’s official: McDonald’s says that every one of its 14,000 stores nationwide will be replacing order takers with automated touch-screen kiosks. They’re starting with stores where minimum-wage laws mandate the highest rates, such as Florida, New York, San Francisco, Boston, Chicago, Washington, D.C., and Seattle.

According to CNNMoney:

Keep Reading…

The Tax Foundation’s Big Surprise: Trump’s Tax Plan is Better Than Hillary’s!

This article was published by The McAlvany Intelligence Advisor on Friday, October 21, 2016:  

English: The standard Laffer Curve

The standard Laffer Curve

The Tax Foundation, founded nearly 80 years ago, considers itself non-partisan, guided by what it calls “the principles of sound tax policy, simplicity, transparency, neutrality, stability, no retroactivity, broad [tax] bases and low [tax] rates.” It has steadfastly opposed tax increases of any kind: income, corporate, or excise. Especially annoying are tax “preferences” (i.e., subsidies) for the housing industry and tax credits for certain constituencies (which the Foundation calls “picking winners and losers”).

So it’s no surprise that in its study of Trump’s and Clinton’s so-called “tax plans” the Foundation concluded that Trump’s was vastly superior to Hillary’s:

Keep Reading…

What Would the Apostle Paul say About the Minimum Wage?

This article was published by The McAlvany Intelligence Advisor on Friday, August 5, 2016: 

One can surmise from his instructions to believers in the church in Thessalonica: “When we were with you, we gave you this rule: Whoever will not work should not be allowed to eat.” What’s less clear is: what if government mandates keep one from working, or keep employers from hiring those willing to work?

St. Paul assumed that people had the freedom to contract out their labor, to sell the one primary thing they possessed: their time and effort in exchange for money. He also assumed that employers, given the opportunity, were free to hire someone who could add value to their businesses.

Minimum wage laws abrogate that essential freedom, with all manner of negative results. One,

Keep Reading…

The PC Crowd, Economic Ignorance, and the Minimum Wage

This article was published by The McAlvany Intelligence Advisor on Monday, April 4, 2016:  

No political correctness

Nick Adams, the Australian author of Retaking America: Crushing Political Correctness, has arrived on the American scene at precisely the right moment. He has appeared on nearly every major TV and radio show, writes for Townhall.com and Townhall Finance, and serves as a Centennial Institute Policy Fellow at Colorado Christian University. And he was named Honorary Texan in 2013 by Texas Governor Rick Perry.

PC is being used as a hammer to intimidate, emasculate, or otherwise neutralize opposition to any Progressive agenda. Rather than answering legitimate questions or responding to thoughtful objections, the PC crowd instead accuses the questioner of being

Keep Reading…

Minimum Wage Hikes Are Costing Jobs

This article appeared online at TheNewAmerican.com on Thursday, January 21, 2016:  

Employment data now coming in from six U.S. cities that have mandated increases in the minimum wage are proving a basic economic law: When the price or cost of something increases, less of it will be demanded.

In his analysis of the preliminary data now available from Chicago, Oakland, San Francisco, Seattle, Los Angeles and Washington, D.C., Jed Graham wrote:

Keep Reading…

Seattle Progressives Prove Certain Economic Laws Cannot Be Repealed

This article was published at The McAlvany Intelligence Advisor on Friday, August 14, 2015:  

Peter, Paul & Mary

By changing the meaning of the word “flowers” to “businesses,” the lyrics from Peter, Paul & Mary’s anti-war song applies perfectly to the new Seattle under its new minimum wage mandates: Where have all the businesses gone?

Where have all the flowers gone, long time passing?”
Where have all the flowers gone, long time ago?
Where have all the flowers gone?
Young girls have picked them everyone.
Oh, when will they ever learn?
Oh, when will they ever learn?

And when will Mayor Ed Murray and his gaggle of progressives who unanimously passed the anti-business, anti-employment minimum wage law last summer ever learn: you cannot fool Mother Nature, and you cannot repeal economic laws.

In Murray’s case the economic law still to be learned is:

Keep Reading…

Obama to Burnish his Unrepentant Marxist Credentials in his State of the Union speech

This article first appeared at The McAlvany Intelligence Advisor on Monday, January 19, 2015:

From each according to his ability, to each ac...

From each according to his ability, to each according to his need

An anonymous source at the White House leaked the details of Obama’s State of the Union speech scheduled for Tuesday night. In a move deliberately designed to infuriate Republicans who thought they might hear from a repentant president sincerely interested in reconciliation, he will instead poke them all in the eye in a move that the New York Times called “audacious.”

Not happy with increasing the capital gains tax rate by 58 percent so far in his administration, from 15% to 23.8%, he will announce his plan to nearly double it, to 28%. Furthermore,

Keep Reading…

Service Employees Int’l Union Suing Fast-food Stores for “Wage Theft”

This article first appeared online at TheNewAmerican.com on Monday, December 8, 2014:

The Service Employees International Union (SEIU) joined with New York State’s attorney general and filed suit against Ron Johnson, the owner of five Papa John’s pizza stores in downtown Manhattan, for “wage theft” back in October. The two interlocked forces are seeking $2 million in damages for failing, according to the two plaintiffs, to pay adequately more than 400 pizza delivery drivers.

According to the Daily Signal, SEIU and New York’s attorney general really don’t work out of the same office, but they might as well. The statement from AG Eric Schneiderman contained this comment from Kendall Fells, the organizing director for Fast Food Forward:

Keep Reading…

ACORN is Alive and Well and Suing Papa John’s

This article first appeared at The McAlvany Intelligence Advisor on Monday, December 8, 2014: 

 

If Wikipedia is to be believed, the Association for Community Organizations for Reform Now – ACORN – no longer exists:

At its peak ACORN had over 500,000 members and more than 1,200 neighborhood chapters in over 100 cities across the US….

 

Its U.S. offices filed for Chapter 7 liquidation on November 2, 2010, effectively closing the organization.

Except for this pesky footnote:

Many ACORN members and organizers formed new state-wide organizations.

One of those freshly-minted state-wide organizations is Fast Food Forward (FFF), located in the same building with the same second-floor office address as New York Communities for Change (NYCC), which received nearly $2.5 million from the Service Employees International Union (SEIU) in 2012. The New York Post reported that the NYCC is the dregs of Brooklyn’s former ACORN office.

Far from being deceased or even dormant, FFF’s “organizing director,” Kendall Falls, was

Keep Reading…

New Low-cost Robots Making Factory Workers More Efficient

This article first appeared at TheNewAmerican.com on Thursday, September 18, 2014:

Factory Automation with industrial robots for ...

Factory Automation with industrial robots for metal die casting in foundry industry, robotics in metal manufacturing (Photo credit: Wikipedia)

Long before calls for a higher minimum wage became headline news, fast-food restaurants such as Applebee’s and Chili’s were already moving toward the use of robots to replace waiters. The day before President Obama called for an increase in the minimum wage last December, Applebee’s announced it would be replacing its servers with Presto — a table tablet that customers can use to order and to pay their bills. Commenting on Presto’s advantages, Annie Lowry wrote in National Review

Keep Reading…

Market Basket Workers Win, Restore Beloved “Artie T” as CEO

This article was first published at The McAlvany Intelligence Advisor on Monday, September 1, 2014:

 

English: Fresh produce for sale at the West Si...

The internecine warfare between Arthur T. DeMoulas and his cousin Arthur S. has finally come to an end. Arthur T. will buy out cousin Arthur S.’s 50.5 percent interest in the Market Basket grocery chain for $1.5 billion. The intra-family squabbles had been going on for decades, but hit a low point in June when Arthur S. fired Arthur T. – referred to fondly by his employees as “Artie T” – in June, and replaced him with two joint CEOs. This so outraged upper management and store managers that

Keep Reading…

Market Basket Employees Return to Work; Unions Surprised

This article first appeared at TheNewAmerican.com on Thursday, August 28,2014:

English: The new Market Basket Store #32 in Ch...

The new Market Basket Store #32 in Chelsea, Massachusetts

The tone of the announcement from Market Basket’s shareholders late Wednesday night was vastly different from the statement issued by the company’s previous CEOs two weeks ago announcing that any of the striking workers who failed to return to work by Friday of that week would be terminated.

The first statement was harsh: “You must return to [your job] ready to fulfill your duties no later than Friday, August 15, 2014. Should you choose to ignore … these directives, the company will consider you to have abandoned your job, thereby ending your employment with the company.”

The latest announcement was warm and reassuring, and comforting to the nearly 25,000 employees and hundreds of thousands of customers of Market Basket who had boycotted the 71-store chain over the last six weeks:

Keep Reading…

Market Basket Tells Workers: Return by Friday or You’re Done

This article was first published at TheNewAmerican.com on Wednesday, August 13, 2014:

 

 

Typical Market Basket in Portsmouth, NH.

Market Basket in Portsmouth, NH.

In a carefully worded letter sent to its 25,000 employees on Tuesday, Market Basket’s new co-CEOs Felicia Thornton and James Gooch requested that the workers who have so far been successfully striking the 71-store New England grocery chain cave in and return to work. They should know the workers’ decision by next Monday.

Said the letter:

Keep Reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.