VP BIDEN $15 MINIMUM WAGE: SELF-SERVICE COSTS $0


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Indeed, just about everyone loses. Except the politicians.

In this case, the grocery store workers lost their jobs. The residents in the neighborhoods where these grocery stores were located lost the convenience of having reliable, well stocked grocery stores serving a wide variety of fresh food close by. The city lost the tax revenue the stores generated. The residents of the city will lose money or services because the city will have to charge higher taxes or reduce services to compensate for lost tax revenue. The remaining stores will increase prices to cover their increased labor costs.

Indeed, so the only winners will be the politicians, who will pat themselves on the back as they compliment themselves for their own wonderfulness.”


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