@untorquer@lemmy.Basic economics is a function of reality. If you wish to deny reality it’s not going to result in anything good for you and perhaps not for people around you. Wage regulation doesn’t work. Seattle is a glowing example of that. They raised their rates to the point where the majority of fast food restaurants folded their operations in town. Many grocery stores also had to close because it just wasn’t economically viable to keep doing business there. Many corporations up and left not only the town but the state. Now most of downtown office space is vacant. And they’re raising taxes more to pay for what all the free stuff they give to illegals on a shrinking revenue base because everyone legitimate is leaving. I left 45 years ago because I saw the writing on the wall.
@untorquer@lemmy.Basic economics is a function of reality. If you wish to deny reality it’s not going to result in anything good for you and perhaps not for people around you. Wage regulation doesn’t work. Seattle is a glowing example of that. They raised their rates to the point where the majority of fast food restaurants folded their operations in town. Many grocery stores also had to close because it just wasn’t economically viable to keep doing business there. Many corporations up and left not only the town but the state. Now most of downtown office space is vacant. And they’re raising taxes more to pay for what all the free stuff they give to illegals on a shrinking revenue base because everyone legitimate is leaving. I left 45 years ago because I saw the writing on the wall.
Yes, all closed down.
@untorquer Yes McDonalds survived although $15 for a McDonalds burger seems a bit steep, but many better restaurants did not.
TF you mean? What fast food restaurants make up your majority? 🤣🤣🤣