Lets see...market manipulation and control...check...no jobs...check...no restaurants...oops. Must be those damn racists again....Venezuela bound we be....
The most interesting thing in this article is that it's the high-end star-rated restaurants whose demise is noticed. San Francisco has (or had) a huge number of cheaper restaurants, especially those serving Chinese food. Some of them will be family run and thus exempt, but a lot of the rest will have had to raise their prices or go under.
San Francisco's political heartbeat is without consideration of consequence. Next casualty will probably be the flower stands at Union Square. Before WWII there were over 100, 1950-70 there were 12, there are less than 6 now. #SaveTheFlowerStands
And I wonder how many of those "Liberal" San Franciscans did not believe in tipping in restaurants, saying that the owners should "pay them a decent wage"? (I was a carhop, 1970-1972, albeit in Staunton, Va., not San Francisco, and I learned about certain types of customers who would not tip; one was the kind who asked how much I was paid [75 cents an hour]). Many people want to spend others' money , not their own.
Well, a huge number of countries have such a huge regressive tax load, with the infamous "VAT" on everything and anything. I went to send some computer parts to a guy in England, and whether I bough it there, or shipped it paid a 25% VAT, making it 40% more expensive than the US. Social Medicine costs a lot you know...
Yes, its stupid, but we are forced to do so to an extent in order to trade efficiently and conveniently survive. Most other alternatives are manipulated and/or taxed heavily to make the carrying costs punitive (e.g., real estate.) Goldand silver are ok today but in 2000 they had been a horrible investment for 20 years.
Tell me about it. I was doing cleaning the other day and found a $2 bill I had evidently saved from college days in the 60's. Today its worth less than 20 cents in terms of what it buys. Makes saving in US dollars kind of a stupid thing to do.
Graham Summers throws the BS flag on her, and her intentional lies. Several indicators show inflation is increasing and I can say the prices in the stores seem to go up every day, so she is just part of the Liar Cartel.
And it is devastating to those retired on fixed incomes, doubly so with zero interest rates on their savings. Simultaneously it encourages them to invest in high risk investments that boost Wall Street profits and bonuses in order to survive.
she is a lying bitch, to put it mildly. More accurately, she is stealing from all of us by debasing the currency that we are mandated to think of a store of value.
I suppose the correct way to look at it is dollar decreases, not actual acquisition cost increases. the product is the same but it takes more of our dollars to buy it.
Prices are going up in restaurants all over, not just SF. Inflation caused by deficit spending and money printing is coming home to roost. It used to be there were lots of things at costco undere $10. Now there are almost ZERO things under $10. Chipotle used to cost me $8, not its $11.
Good advice, what is unfair, usually is, but most of the time is caused by an abuse of power by someone else. It just depends on how you can address it.
Well, what were they seriously thinking? Then again, in their fabled New Economy, a specialty restaurateur would be able to apply for a full package of permits and subsidies to run the place with staff getting government paychecks--or other generous allowances of goods and services. Logic is beyond them.
Economics 101. Like all liberals, they think that what they believe, despite all evidence to the contrary, will work. If they believe the Great Lakes will dry up next Friday, they'll actually be shocked when it doesn't happen, and will find some excuse and set a new date.
It happened (is happening) in Seattle as well. I was there before it happened and found some GREAT little places with wonderful food. I am sure half of them are gone now. The left simply don't understand we have 2 variables to work with: 1) People 2) Desire (for things, for profit, etc)
The free market works by RELEASING these two items to create/fail/flourish.
wage"? (I was a carhop, 1970-1972, albeit in Staunton, Va., not San Francisco, and I learned about certain types of customers who would not tip; one was the kind who asked how much I was paid [75 cents an hour]). Many people want to spend others' money , not their own.
Like all liberals, they think that what they believe, despite all evidence to the contrary, will work. If they believe the Great Lakes will dry up next Friday, they'll actually be shocked when it doesn't happen, and will find some excuse and set a new date.
We must make everything fair and equal!
We will do anything necessary!
Unintended consequences?
What unintended consequences?
Not our fault?
(Repeat)
I was there before it happened and found some GREAT little places with wonderful food. I am sure half of them are gone now.
The left simply don't understand we have 2 variables to work with:
1) People
2) Desire (for things, for profit, etc)
The free market works by RELEASING these two items to create/fail/flourish.
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