Cold Reality Hits the Foster’s Freeze
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- Опубликовано: 6 апр 2024
- Sunny California, The Least Sensible Place in the World, has just passed a law raising the minimum wage to $20 an hour. This, you see, will give more money to low-wage earners. That was their theory, anyway. Cold Reality paints a much more tragic picture of what happened to a Foster’s Freeze out there in THE REAL WORLD.
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The real minimum wage is, always has been, and always will be $0.
Neither party has the balls to abolish the minimum wage. Dems think it should always be higher, and the GOP thinks it should stay whatever it currently is in a given year.
To the young lady still in college - there is another door already opening for you, you just have to look for it. But please don't forget the valuable lesson that govt interference has just taught you.
Who says these consequences are unintended?
The Newsom's put the plan in motion knowing full well what will happen. They just need the weekend social justice warrior rich leftists to take the idea and run with it (like a javelin into a crowded tunnel.)
I am a small businessman. I know that some of my customers would not care if I became homeless. They would blame me, of course.
I went door-to-door for a decade in high-end neighborhoods when I needed small jobsvto fill my schedule.
Now I plan to do it again--- for basic needs.
I know a lot about the affluent; and their propensity to spend.
Thinking the same thing... 🤔
@@FriedAudio Are you thinking that we have a free market? Or that corporations have an agenda involving a "bottom-up" financial structure?
If Scott’s beard gets any longer people will start expecting him to be carrying around a couple of stone tablets rather than an iPad.
Or a white fuzzy Gibson Explorer.
I'm still upset we didn't get to see him in his red suit in December.
Or a fuzzy guitar in a zz top video
@@Rodzilla5332it was a dean...but good call 😂
@@Rodzilla5332 I have the impression that Scott is only a sharp dressed man during church.
The "unintended consequences" are absolutely 100% intended.
Ok, who didn’t see this coming. The gubberment should not set a minimum wage, the market should do this.
As the great Thomas Sowell has said "the real minimum wage is zero". These employees just learned that lesson.
When the “unintended consequences” are *perfectly* and *completely* predictable, maybe they’re not unintended.
I think the ignorance plea is off the table on this one.
There's a massive class of people who cannot think beyond the moment. Ignore that fact at your peril.
Shoplifting is a victimless crime? WTF?
They have insurance!
Until their insurance cancels their policy!
and, if people weren't stealing their stuff, they wouldn't need insurance to cover theft, so the premiums would be lower and thus the prices lower.
What California needs to do is lower the cost of living, not raising the wages. Twenty dollars an hour will hardly get you a used tent on the street away from the human feces by twenty or thirty feet.
If California would get out of it's own way....
Lowering the cost of living would require lowering the tax base. NEVER gonna happen.
@@pantarkan7 Then California is doomed and it has nothing to do with earthquakes.
Easy. $1000 an hour minimum wage. Also everyone can bring their “ comfort elephant” on the plane for free.
Amen. It’s government’s fault everything is so expensive. Crappy policies by crappy politicians.
Foster's Freeze needed to take advantage of Newsom's Panera Bread loophole and start baking bread.
You're forgetting "Californomics"; which is where the governor holds a press conference to talk about how he's making the business climate even tougher, but says "smart" business owners/managers could work with it. He also blames store owners; which close because - now that shoplifting is entirely legal - they cannot afford to stay open; for not factoring the loss of their inventory into the business model. PS: Bill, The politician asked if she'd sleep with him for 10,000, and got a yes, asked if she'd do it for 10 and she said "What kind of girl do you think I am" to which the reply was "We've already established what you are, madam. What we're doing is negotiating the price."
When I was young, I worked at an urban McDonald's for two years. Later on I got a job where I met my first wealthy person (fully paid private Ivy League degree and all). One day she mentioned, off hand, that working a fast food job was 'demeaning'. I had never heard such a thing. Myself and my former McDonald's coworkers never felt demeaned. For most of us, we took pride in what we did and did it as best as we could.
Bill used the same logic/argument Rush Limbaugh used to refute the minimum wage.
Also, raising the minimum wage means more robots will be used
Why do governments have the right to set minimum wages?
Think of it as a demarcation line. The agency will not react if the employees are paid only one penny more than this mythical number.
Because sufficiently low pay looks too much like slavery for the comfort of many.
They don’t
@@deckardcanine
On average, private sector workers get less remuneration over their life time than to public sector workers. Public sector workers get paid by forcing private sector workers to pay their salaries(taxes). The amount private sector workers must pay is determined by public sector workers themselves. If private sector workers don't pay they are thrown in jail or the property taken by force by public sector workers.
Who are the slave and who are the masters?
Switzerland has no minimum wage!
Gotta feed the homeless industrial complex
Shut down the store and identify as a squatter and run cash only.
I think it was Churchill who told the woman that they were simply haggling over price.
Boycott the fast food establishments. I can cook my own hamburgers, burritos, or hot dogs at the fraction of the cost.
There's a big difference between unintended and unknowable consequences.
California Govr mandates that no one can have a job that pays less than 20 per hour. Sad for people who work.
And that same governor has managed to somehow carve out an exclusion so that his 2 very expensive restaurants can still pay $16/hour. Seems like this minor detail should have somehow been a part of the show guys. IMHO.
Why do you think the inevitable unemployment from the wage hike was unintended? The people driving the wage hike don't care about the unemployed. That's an issue that will ultimately impact tax-payers and other employed people. In a worst case scenario, the system collapses and the powerful can bring in the communism they want and then the politicians will be completely intractable. People who DIDN'T know the unemployment was inevitable need to learn basic economics. Schools teach loads of garbage, and a minimum of useful subjects.
Because sending people to the unemployment line and onto state welfare reduces the tax revenue. They are either stupid enough, or good enough at lying to themselves; that they can have the one without the other. "The problem the left has is that reality keeps calling their bluff", but some people are VERY slow learners.
What I find interesting is that Karl Marx’s friends where all rich, so now I’m wondering if Karl Marx didn’t actually believe in communism, and simply came up with the idea to convince the working class to devalue their labor in order for the rich to be able to have even more control over their employees.
Socialism is the only form of government where making people's lives worse will give the socialist more power. As people become more desperate, they become more angry and want to punish someone. If the socialist party can convince that the people's problems are caused by the nebulous "Man" and voting for the party is the only way to deal with the "Man" then the worse things get the more desperate the people are to conquer the imaginary "Man" and embrace socialism.
Go Galt
The goal
Give the franchise to all of the employees with the condition the former owner gets 40 hours at $20 an hour with raises, health insurance, vacation and sick leave for 10 years or equivalent in buyout.
How can we really call them "unintended" consequences anymore? If someone is IGNORANT of the consequences of minimum wage policies with all the information about the consequences of them available FOR FREE on the internet, then the ignorance in question is WILLFUL.
They voted it. I hope they dont take it cross state lines when they flee.
It’s not the fleeing people. It’s the politicians who network nationally that you need worry about. Mike Rowe interviewed Will Swain a couple weeks ago on CA’s AB5 and it’s national big brother, “The Pro Act”. After only 2 or so years of destroying CA’s freelance market they decided it would be a good idea to destroy to freelance economy of the entire nation. This will come to you as long as Dems have power, but not via the people who migrate to your area. It will come to you via the party that networks nationally and decides that this needs to be Federal Policy. The Dems need to be defeated everywhere, yes, even “the nice Dem”.
It is very dangerous to think this “is the other guys problem, it wont happen here”.
Too late
I DIDN’T VOTE FOR THIS!
You do that is the plan, the Dems are in for the long term, the Republicans just don’t get that their party is the walking dead, they may wake up but I don’t have too much hope.
My minimum wage was $0. I offered to work for a TV repair shop for no wage, just for the knowledge of how to repair TVs. This was back when people used to repair TVs.
My first "free" job was at a race-car shop at an airport, just cleaning up and putting things away. Though I wasn't paid, the experience, connections, and knowledge I acquired proved to be priceless in the long run.
I worked for free at a stable to learn horse care and the business. I worked for free for a farrier to learn that skill.
this is a thing in europe called energy poverty...
Every winter at least a few 100k people in europe die this way because they cant afford to heat their homes most of them old folks...
And that cuts down on the needed government support for the elderly. Another problem solved.
@@jimcherry685 “If they would rather die, . . . they had better do it, and decrease the surplus population.”
― Charles Dickens, A Christmas Carol
The same happens in the summer due to lack of A/C. Italy (I don’t know about the rest of Europe) has a pathetic electrical grid. Forget about the 200amp service that is in most US homes. Most homes have 3kw service. You can upgrade to 4kw at a substantial cost. Moving from US to Italy was an eye opener!
in these discussions of the consequences of increasing the minimum wage, please don't forget the impact of inflation on retired people who may be living on a fixed income.
One usually doesn't get a layoff notice until it happens.
Gavin N. needed that Foster Freeze building for immigrant housing.
He needed it to store all his $2,000 suits and hair gel.
Is it true that companies that bake bread on the premisses are exempt from this new law because Panera Bread was a huge donor to Gov. Newsome?
What causes inflation? Labor rates.
actually, inflation is created/caused by government spending and borrowing. period.
These days, if you're cognizant and aware of the economics of things, it requires suspending reality and lying to yourself to stay positive and hopeful. You just have to be a better actor than others now and pretend things aren't what they've been purposefully manufactured to be. What has happened to everyone but the 1% is beyond criminal.
The minimum wage is terrible to live on, this just isn’t the answer to fixing the problem.
We need to start pointing out the real reason why people can't live on the minimum wage. It's not that greedy owners won't pay them more. It's that govt has laid so many laws, fees, and regulations on businesses, that they can't afford to pay more. Govt has also devalued the dollar through inflation because of their out of control spending. When I was a kid in the 1960s, a gallon of gas was 25 cents (silver quarter). Today a gallon of gas is over $5/gallon. That same silver quarter will still buy one gallon of gas if you paid in silver. Today's dollar is worth only 5% of a 1960s dollar. That's why we can't afford nice things.
Yes, exactly.
These are INTENDED consequences
I can’t imagine things going back to the way it used to be.
Always thoughtful commentary from you three gentlemen. I frequently think about what you said much later when something relevant comes up and I am better for it.
MY SON & HIS WIFE HAVE BEEN IN BUSINESS FOR 8 YEARS NOW -- THEY OWN TWO STORES & STILL WORK 16 HOURS A DAY ALMOST EVERYDAY -- AND MOST (NOT ALL -- BUT MOST) OF THEIR 10 EMPLOYEES -- WANT TO MAKE $20/HR & WORK NO MORE THAN 24-32 HOURS A WEEK -- TRUE
hello $20 happy meals. layoffs and closed establishments
If your small business is operating well enough to afford an employee in California your small business is doing pretty good.
If small business owners would simply add cocaine to their inventory or list of services they'd soon notice what a 'stabilizing' effect this simple idea can have on their cash flow problems...
It's not rocket surgery.
Don't forget the fact, Newsome has a buddy that donates to his campaign, he also owns a Pantera sandwich shop. So Newsome made it if you make bread at your restaurant, you don't have to raise the wages.
True or BS, that is perfect.
The story about Panera Bread having some kind of exclusion from this law has been proven as false. But who does have an exclusion from this $20/hr minimum law is Gavin Newsome. Gavi owns two very pricey restaurants in California who are advertising 3 positions at $16/hr. at one location, and one opening at $18.29/hr at the other location. And this story has also been proven as true.
Just my 2 cents, but this should have also been included into the discussion, somehow.
@@bigk4755 appreciate the info
The derivatives bubble is coming and it is surfing on empty business skyscrapers.
We live in a highly evolved society, and I strongly believe that every employed individual should have the means to afford basic necessities such as food, shelter, and healthcare. If an employer is unable to pay a living wage to their employees, then additional funds should be allocated to them from a “basic living fund”. This “basic living fund” should be supported by various types of taxes to ensure its sustainability.
The problem is I as a Contractor cannot afford the difference between minimum wage and what is the motivating factor for someone to work hard physical labor which generally is 10.00 an hour more then minimum wage. I used to pay unsli;;ed laborers 25.00 an hour. Now I will have to pay unskilled 30.00 an hour and I simply can't demand that much for my company to get the jobs. I'm lucky as an owner to even get that amount.
Unintended consequences or intended consequences?
The next cope the progs will have is that the small business needs to go away, and we next to accept cooperations to take over because it is the only way for all of our accommodation to be met.
Even when i worked at a Mobile Disc Jockey company, people were there to take as many gigs as they could save cash, buy their own equipment, and go out on their own. and that was over 30 years ago
I work retail. They just installed another set of locked cabinets we will now have to run to whenever someone wants to buy one of thus products. More people unemployed likely means more of those bedamned locked cabinets. Pretty soon they will probably just close the store to the public and go secured warehouse or just close period.
After retirement I was helping a small business man who made flatbreads. Pretty well known regionally. I remember him saying often that he hasnt paid himself in weeks. Basically he wasn't making anything. He struggles just to pay costs and labor. I've asked him why he doesn't give up and he alwas hopes that things will.turn around
I dont like how this lady shut her buisness down without following the proper steps, before closure i want to see a news report about how she is charging $50 for an ice cream cone and no one can afford to buy it.
newsflash, if your employer intends to lay you off in 2 weeks, he's not going to tell you. you'll leave then he has nobody. Duh...
All raising the minimum wage does is make sure more people are making minimum wage. It doesn't help minimum wage earners, because the minimum wage says will always be the least you can buy on an hour's wage.
Simply, no government has any right to determine any wage or benefit of a non-govermental business or entity.
Generally speaking, if you are paid minimum wage when you are hired and you still make minimum wage after a few months, you’re not very good at your job.
Minimum wage is not intended for anyone except for those entering the job market for the first time ever or for the first time in many years.
Auditioning for your next job is a literally insane concept. Sorry, no ceo is like “that McDonald’s cashier was so great, you know what? I’m going to bring them into my company.” People go into a McDonald’s order food and leave.
I am going to be 100% here. I don’t think that loony toon idea that Scott threw out has ever happened. I would be surprised if it happened even once. When you factor in the number of total McDonalds employees and the amount of times something like this actually happened to them, the chances are way slimmer than winning the lottery. You are stuck in an America that died 30 years ago or that may have never existed
First two comments are pron spam. Holy F
Who remembers Steve, Scott and Bill when they were on PJTV w/ Alfonzo Rachel?
Intended consequences! They always hurt the people they think they are helping. Who? You know who
"hi everybody, im steve green with bill whittle and santa".
...but this is what happens every time a government raises the minimum wage. When do you start thinking this was the intended out come, rather than unintended?
The point you’re all missing is this is exactly by design. Close the small businesses and shift the customers to the big guys who lobby the government and fill brown paper bags and stock options to the governors
Wasn't the point of raising minimum wages because union wages are based on a multiple of the minimum wage?
Please support your local Hot Dog Stand.
It’s ironic that all of these legacy fast food brands up near the California state capitol , Fosters…. Dennys…. Taco Bell…. Have been closing locations. Seems to be the exact opposite in DC right?
Starting and running a small business is accepting low wages with maximum risk. Then if your business becomes a success (very big if) the people that played it safe and don't start their own company claim you were either lucky or are cheating people.
that means very expensive toxic junk food
What I don't understand is why any intelligent person would even consider investing money and time by trying to run a business in California? Apparently this young lady, as smart as she may be, has very little 'common sense' about business, economics , or California politics.
I loved chocolate dipped Fosters Freeze. Large size for me.
Now they have a 0 an hr
Hi Bill I saw a video of Compton Cali-Pornia and its a apocalyptic wasteland.
I think $1000 an hour min wage is an excellent idea. Why wait until next year?
Who would eat unhealthy fast food any way?
The minimum wage is only good for mega-corporations and government jobs. Small businesses and their employees all suffer when the business owner is forced to pay more than their business can afford. Also, you have to think about all those people who either went to school and/or spent years working their way up to a $20/hour wage, and now some inexperienced slacker working at Taco Bell can start at the same wage. Newsome and friends have just devalued the wages of millions of other workers. Now instead of the $15 burger meal at Carls Jr, which already had a $16/hr min wage, that burger meal will cost $20.
I thought the line was Churchills...
Bill Whittle has no idea how to argue. Let's look at his strategy of asking, "Why not $100, or $1000 per hour minimum wage?" The steelman of the opposing argument is that businesses are actually rolling in so much profit they could pay their employees much more than currently being offered. Then you're both in the nitty gritty of how much profit various businesses are making and how much of a wage increase could actually be afforded.
These guys are right on the issue, but I hope they never actually send Bill to debate anyone.
I think this is a way to get people to eat out less. They hate fast food and don't want people to eat it.
Ya know what the difference is between a $12 haircut and an $800 haircut? Common sense verses Stupidity and Vanity. The Stupid one is turning a state into a crime lab.
If the law and or rule doesnt work for you ..dont.go along.
He does know. Why do you think the Chinese were there.
Political grandstanding. I really hope gov nuisance doesn't become president nuisance.
What would happen if they stayed the same. ?
I'm no expert but, I wonder if Ms Write could have kept it going if she changed her business model by making her employees 'co-owners' who were willing and understood that they would be earning less than $20/hr. In other words, bypass the new law by eliminating the employer-employee relationship. Just a thought.
stop calling them unintended consequences. theyre fully intended.
These are NOT unintended consequences.... this is EXACTLY what was intended. Large investment groups that own thousands of fast-food franchises WANTED this minimum wage hike. They are already in the process of eliminating 85% of their labor in the fast-food restaurants THEY own through automation. They want to force their smaller competitors to either go out of business or sell to them at a discounted price. They know that the smaller franchise owners are undercapitalized and won't be able to pay for the automation needed to stay in business.
Once again, idiotic "progressives" have played right into the hands of their corporate masters. They're helping a few billionaires while hurting everyone else... and they actually think they're the good guys. Pathetic.
What did I just hear? When God shuts a door, he leaves a window open.
The window is on the tenth floor.
@@LilyGazou The coupcoup gives you wings.
Howdy, jerks. If $20 minimum wage, why not a $30 maximum wage? Equity!
I said equity, bigot.
what an intellectual reasoned thought - for a socialist/communist.
@@Lightning613 Communist? As a Texan, I will now run myself out of my own state.
@@texasman1836 🤣😂
Apologize for the insult.
But thought you were saying someone who has worked, strived, invested, and accumulated a life of knowledge and experience should basically make the same as some kid working their way through high school?
Problem with minimum wage is it will always be the minimum and never enough to subside on.
Multiply that $4 increase in the minimum wage out... 6 employees on duty at all times (probably more, but let's say 6 at any given time), times $4, we're talking another $24 per hour. Open 16 hrs/day? Now that's another $24/hr x 16 hrs/day = $384 increased payroll PER DAY. Open 7 days/week, OK, every day for a month, that's 30 days x $384 = $11,520 added to payroll per month. Per year, x 12, that's now $138,240 added to payroll for the next year. You're gonna have to sell a lot of Happy Meals and Big Macs to make up for that.
I work in the construction industry. Are any of you familiar with the prevailing wages and Davis Bacon Wages?
Never heard of it.
@@winniecash1654It is the wage rates that must be paid by contractors in CA who do work that is paid with tax dollars called public works: Schools, cities, water districts, parks, roads, fire/police departments, etc. All state mandated and dictated by labor unions. The average wage for all trades is base hourly wage is $80.
Tldr 3 California republicans talk about minimum wage for 15 minutes
Bill, on a serious note, why don't you run for Governor of California. I truly think that you have the ability to bring to the fore the problems the democrats have brought to the state and convince the voters you will be able to turn things around, seriously.
We had a Black version of Bill, a few years ago. His name was Larry Elder. The Left called him the, “Black face of White Supremacy” because he was a republican. I desperately wanted Larry to win but I believe he was badly defeated. I’d vote for Bill, but he’d have no chance.
@@Sigmund1924 Well said 💯 Agree 😅😅😅
👍🏻😎🇺🇸
I used to be on board with these arguments against minimum wage, I'd be fine to see it gone. I'm a nurse so I'll always be fairly well above minimum wage. But if you gradually raised minimum wage to 100 per hour I think what you'd see most affected are those who are no longer working and don't get substantial COLA. Right now I'm seeing young people struggling for more than the older generations. Seeing min wage go up would painfully solve that imbalance as at the end of the day prices would go up and it would be the old that would get squeezed out not the young