California's minimum wage hike forces closure of Fosters Freeze location
Вставка
- Опубліковано 2 кві 2024
- Former Fosters Freeze assistant general manager Monica Navarro reacts to the sudden closure and how others are responding on 'The Bottom Line.'
#foxbusiness
Subscribe to Fox Business! bit.ly/2D9Cdse
Watch more Fox Business Video: video.foxbusiness.com
Watch Fox Business Network Live: www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York - the business capital of the world - FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: / foxbusiness
Follow Fox Business on Twitter: / foxbusiness
Follow Fox Business on Instagram: / foxbusiness
they went from $15 an hour to zero an hour, another democrat success story.
Hey! DUMMER-crapps! your Reality slapped you so hard the shock wave moved thru your bumms n can feel it in your head that's up your wazoo🩲🩲🩳🩳🩳🩳👙👙👙👙🚮🚮🚮🚮🚮🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
the group that pushed for 20$ is now seeking 25$...
Great way to see it. This is just great for Californians. I hope the fools that vote democrats feel bad really bad now.
That’s Bidenomics!
It’s a ploy don’t be deceived, there will be many closures of eateries and loss of jobs because they cannot stay afloat paying out more than they make! Wake up ! Think! Stay informed!
Now instead of earning minimum wage, there's no job and no wage.
Corporations will replace all those jobs soon with AI and robots. Who are you going to blame then? Republicans are making you think that the bad guy immigrant and democrat is to blame, and this shifting away blame from themselves.
Can't make that up, they already have!
I’ll bet they were celebrating before they voted on it to pass. Now they say they would’ve stayed at the same wage only because they lost their jobs
@@word_man What's the unemployment rate in that state?
Make a lot sense
I 100% will stop eating all fast food. This is a great motivation to eat better. I'm so tired paying for crazy politicians delusions.
Cook your own food, bro.
At a $16 price point, I can buy some burgers, bread, potatoes and maybe some ketchup and have multiple meals with that.
@@Sevenspent Sounds like you'll have a good time. Win-win for all.
And in an other State they shut down little farmers!?
Then You will LOSE some weight ...... LOLOL 🤣🤣🤣🤣😂
I grow up with foster freeze and wouldn't you know everything that the governor touches in this state he ruins
Don’t worry he saved Panera bread lol
A law passed by politicians that knows nothing about how to run a business!
That’s why we prospered under Trump. He ran this country like a business. He put jobs and finance 1st. He enriched our lives in more ways than monetary. A country that is successful under capitalism has to be run like a business or doesn’t work. The only one who lost income during Trump’s four years, was Trump.
Not to mention work a real job! I mean lets face it what do politicians do for a living, live off us like the leeches they are!!
He knows exactly what he's doing.
They are collapsing everything on purpose. We are doomed because you guys are dumb. You thunk the board is open because they don't understand boarders policies. This is chess idiot. There braking free America to control everything we A.I. and Robots. Please use your little brain 🧠
But you know how economics work? Did you even pass high school?
Blame on our governor. And blame on those who voted for Democrats.. everything will get very expensive
You sound crazy . In the beginning of this video it says that prices went up . Well wages have to go up . Life to live is expensive. Fast food u right hell no . But a janitorial or hard worker yes 20hr
Yea dame stupid Democrats!
Blame the wealthy, who make living in California so expensive. They’re to blame not the working poor and not the government trying to give a leg up to them. Blame the republicans for fostering such a greedy, selfish society. They want a plutocracy not democracy.
@@jpbaley2016 agreed
It’s already expensive.
Big Corporations love the hike because it closes down the smaller businesses and they can decrease their employees while automating.
Remember everyone, our tips are now included in the pricing. So stop tipping.
please explain? I member seeing that LA was doing that but is all CA? Im a pay more attention plus i dont go out much nowaday
Umm? Don’t go out to get SERVED at a restaurant then? you tip your servants. Cry about it.
@@teamchrisisrllyrllyhot must be waitress, tips are earned
@@snarfsnarf3062 Nope, I’m a kindergarten teacher.
@@teamchrisisrllyrllyhot Then you better not complain about better teacher salary if you spend it on tips.
Communism is expensive.
To get around the $20 minimum just call your restaurant a hospital and hire nurses for $15 to do the jobs. Plus lots of more CA. tax revenue to give to illegals & criminals.
Can’t think of a more anti business state than California… I may be missing something. IDK
Seems to increase as Democrats age.
Are all the other nations like say, NZ, Australia, Britain, Malaysia, Singapore, Japan, all whom pay their staff well also communist?
EVERYONE ELSE pays their staff well plus annual leave plus sick leave...why isnt the US doing it?
They don't want to
Gruesome is just as bad as FJB, if not worse.
Newsom is doing it all on purpose.
What does that mean, dude?
💯
They're the same stupid.just like all the Democrats.
Higher wages, higher business expenses, higher prices. What did people expect. Now you pay $18 for a crappy big Mac meal. Businesses don't hire cause they can't afford the extra wages. Makes perfect sense.
Way to Go Newsome🤥! What a disaster California is! Holy Mackerel!
It is called Communism. Many Great Nations have Fallen because of Communism and it's Dictators who thing their **** does not stink.
Then stop sending your liberals to California. Geez , the rest of the country doesn’t understand your liberals gets pushed out of their home state and come here for the weather and jobs.
I have a liberal friend who thinks this is a great idea, but he also told me that if the cost of a fast food meal went up from $2.00-$5.00 because of this, he would no longer eat there. I tried to explain the concept of entry level jobs to him, but he thinks that every single job should pay enough for every single person to earn a great living. We stopped at a fast food restaurant and he ordered a burger, fries, and drink. His order was wrong and he was angry. I said, "The person that botched your order was not good enough or experienced enough to earn $20.00 an hour". He said nothing. Liberals always mean well, but their solutions to major problems are often disastrous. Ask the folks in New York how that 'No Bail' release program for criminals is working out.
Words I’ll never say…”I have a liberal friend”
Liberals do not always mean well
That’s why trump has you by the pu$$y@@SaltySouthTexan
liberals = I'm stupid!
NY city is still safer than, little rock, memphis, birminham, st Louis. NY city is not even top 10 in crime.
Dems save the day again. Wow FJB
FDT
California celebrate your victory. You got what you voted for. 🥳🥳🥳🥳. 🎉🎉🎉🎉
Until housing is regulated and the prices for rent brought down the problem will not be fixed. This is what ppl should be pushing for to fix. This is the root of all problems in the system. Many cannot afford a basic box to live in.
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Deborah Lynn Dilling ,, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you for the lead. I searched her up, and I sent her an email. I hope she gets back to me soon.
I planned on retiring this may but I don't see that happening I might have to sell my house
Thanks to Newsom California will now cost you more.
I live in east Oakland California, and it looks like little Haiti 🇭🇹
Go back to the midwest poor folka
@@chuckxu5910😀
But Newsom's staff only get $16 per hour, so, his businesses are not effected... One rule etc...
haha lame
They don't want to hurt the big corporations, just the middle class. Ok, comrade!
Exactly.
Dumacrats complaining about Trump tax cuts making his rich buddies richer and poor people poorer.
When in reality Bidenomics is doing exactly that. In California it's called Grewsomnomics 🤔
Newsomnomics 😂😂😂 Something like that
Greedy companies don’t have to raise the prices
@@gladiator_games Greedy companies don't get hurt.. It's the small business owners that get hurt. The big corporation McDonald's aren't the ones that get hurt, it's the owner of that franchise that gets run out of business by blue gov.
They actually believed Corporate America would share their profits with the workers.
@@raykane2063 Corporate America went woke. So you are labeled a bad person and evil if you think they're greedy and corrupt.
We had the chance to RECALL this clown, but voted him in once AGAIN.
Now, we’re ALL paying the consequences !! 🤦♂️
I know, the audacity of people thinking they should be able to afford rent and food working a full time job.
I guess if you want to take your girl out for an expensive dinner, just go to a burger joint.
👍😂
Don't blame Fosters Freeze for not giving out notices of closing...blame the Governor.
But the Governor did give notice of closure when he announced when the wage would increase.
Totally agree
@@BKPriceBut my understanding is that they were fighting the increase. It wasn't a sure thing for a while.
How about blaming the corporation that will replace all those jobs with AI?
Did you even take the time to go beyond the headline? Is that how you educate yourself? Fosters was EXEMPT as are other small businesses with less than 100 stores. Fosters used this as an excuse to close.
Facts.
Heartbreaking. I've been going to Foster Freeze since i was a child. 😢
Minimum wage was not designed to support a family of 4 and live in a beach house.
not just to support a family you couldn't support yourself on 15 an hour.. go ahead try to live on 15 an hour.. they wouldn't even let you rent a studio apartment on 15 an hour the cheapest apartments around are a little over 1000 a month.. at least where I live.. and I'm sure California is even higher to rent a single bedroom apartment so the cost-of-living is higher. They should raise the minimum wage higher. That's just how it works... there's lots of reasons why places flop most of the time it's because of internal trouble..
It should be enough for a studio apartment like in the 90's.
@@Pinkieloveryour not understanding minimum wage is not designed to live on. It’s for high school kids living at home, not for you to have a studio apartment. You want a studio apartment make more money. Get an education there are a ton of options to go back to school. You want to survive in California you have to constantly better yourself.
It’s not the business fault and minimum wage should have stayed where it was. The problem is the system not regulating high rise rental places. The govt should use money to build affordable housing for all ppl. Ppl cannot afford a 2,000 a month box apartment. Or a studio
Yes!! It was for 16 year Olds to start a job.. again.. thanks illegals
The irony here is that $20/hour still leaves you homeless if you aren't living with mom & dad rent free, or piling in with a bunch of roommates.
And the state gets a bigger cut in taxes. So still taking home(?) about the same for the homeless status.
Yes you're correct about this. I'm living with my aunt and uncle
Took me eighteen months to find a job
That's the only way you can live in california
Cus these aren’t supposed to be careers they are temporary jobs.
Because these are not career jobs 😂 they are for people in college or just starting out
Correct, and that's a California problem. Where I live $20/hr isn't bad at all.
While Newsom is offering his restaurant workers $16 an hour he raised the competition to $20. What a deal.
Corruption at it's finest
I looked into this.
PlumpJack Café in Olympic Valley, California, is seeking a part-time busser to "assist the food server in the restaurant to ensure guest satisfaction during all aspects of the dining experience."
The advert, placed on job posting website ZipRecruiter, says that the employee will be paid $16 per hour and their duties will include clearing dishes from tables, the preparation of caffeinated drinks and decorating tables prior to customer arrival.
The café is owned by the PlumpJack Group, a company founded by Newsom which specializes in wine and high-end dining. Its website says that PlumpJack Group operates four bars or restaurants, placing it well below the threshold for the $20 per hour minimum wage. The new law applies to those restaurants that are part of a chain of 60 or more venues nationwide and which offer limited or no table service.
So looks like Gavin is in the clear legal wise on paying $16.
This $20 min for fast food businesses though is crazy, we are seeing the bad effects already.
Except his buddy could keep it at $16 because his chain baked their own bread.
What a big crook Grumsome Newsom is.
@@jeffbrody2820and crazier is the fact that quietly there shutting down the bakery now. It’s getting shipped in frozen
This is only the start. Rent will be raised along with everything else because of this we are all screwed! I am a union worker for 17 years and we will not get a raise, but we will be forced to endure the increases due to this. Thank you Gavin, you TOOL!!!!
People in California don't want to blame Newsome for layoffs,well please continue to live there and support your best governor
Newsom for prison 2024
no, he was voted in by people who live there.
When you play with fire you get burned
What did they possibly think was going to happen when you raise the minimum wage. Good grief
Next time vote republican
kings county where lemoore is, usually votes red but too many idiots voting blue in the cities
the GOAL is to make us all subservient and HAVE NOTHING!!!! Is this new to ppl???? Stop voting DEM !! How blind is CALIF??!!!!
@@luckiestluck819the fast food worker who are in favor of the minimum wage hike are a bunch of ignorant people that don’t know the consequences are.
@@luckiestluck819 I'm guessing you mean big cities. In California your vote is being dictated by Los Angeles, San Diego, and the Bay Area. If you live anywhere else you have no voice in state decisions.
I have always voted Republican, plus voted to recall this communist governor, and yet these Demon-crats always seen to win. Newsom is that Biden of California for sure. The worst governor ever!!
You want to stay in business then fire all employees and hire temperary employee so companies don't have to pay benefits.
Don't complain if you didn't vote, California had a chance to fix this
Dirty Elections prevent any chances.
Yeah, they had a recall vote on him and voted to keep him!
Baffling, isn't it.
@@rayrussell6258 i spoke with a guy who knew the system and he was saying the voting machines and election was rigged 100% just to keep newsome in ...everyone i spoke with wanted him gone
They didn't even mail several ppl in my household our absentee ballot. And sure enough, one of the ballot measures to increase taxes, barely passes by a couple hundred votes. It's the new scam they are pulling.
California never had a chance those elections are fixed
When they say 20 an hour, they mean 20 employees LOSING THEIR JOB an hour.
And they wonder why people are leaving the state in droves, terrible government policies there.
It would be nice for governor Newsom to get the hell out of office when is this term up anyone know?!
How can we continue to feel empathy for people who vote in the politicians that make these decisions?
You get what you vote for!
No one is voting democrats u moron they are chosen without necessary votes
Because not everyone did vote for them, just the majority
We plan on keeping California blue forever elections in California don't really matter as long as the party likes you so simple
At the end of the day, you get effected by it too. Stupid spreads.
Why didn't you apply for work there is the pay would be so good?
People here in California had opportunities to recall Gavin Screwsome, and they choose to keep him. We deserve everything we get, and we are getting it good and hard! Time to wake up.
The cheat is in.... make no mistake our vote doesn't count anymore
Do you really believe that our votes on that rigged recall counted?
No the big cities deserve it. Not rural California or Northern California. Two cities decide for the whole state and that's some bs.
Government over reach, government meddling where it has no business pun intended. This is unconstitutional and needs to be challenged.
Newsom's grand scheme.
So maybe now, you'll recall or vote King Tyrant Comrade Gruesome Newsom out of office.
Been there done that. They could have had Larry Elder but they chose to stick with Newscum.
Not a chance. Not only did he get elected the first time, he survived the recall with flying colors as if nothing happened, and then got voted in the 2nd time. He'll be running for president, probably in the next election cycle, and likely win. He has single handedly, along with the millions of people who've supported him, destroyed this state.
I live in Lemoore. That Foster's Freeze has been here since I first arrived in the '80s. I didn't vote for Newsom. He has got to go!
Our favorite was on the way to the coast in what we now call Wine Country.
That was in the '50s. We always stopped for at least a dipped cone. Back then,
most of the help were teenagers making money to save for college, when state
colleges and universities were free, before the Democrats took over and decided
that we'd have the most comfortable people who just didn't feel like working, on
Earth.
Doesn’t matter who’s in office in California because the state is forever screwed and there’s no coming back. Remember Reaganomics and Arnoldnomics? Old man Ron and Arnold managed to run the state right into the ground and we haven’t been the same since.
I grew up in Lemoore, now live in Hanford....Me and my siblings graduated from Lemoore High...Foster Freeze has my all time favorite burger 'The Boss ', and makes the best malts and shakes ever, also my favorites..So sad to see they had to close down..
My message to the politicians in California is that they are idiots.
California voted for this. Good luck Cali!
No we did not!
Remember this when you go to vote in 2024
I'm reminded every time I pull out my wallet.
Corporations will replace all those jobs soon with AI and robots. Who are you going to blame then? Republicans are making you think that the bad guy immigrant and democrat is to blame, and this shifting away blame from themselves. You think if you vote Republican they are going to care about you? HAHAHAHAHAHA!!!!
They won't. They'll still vote blue because its in their DNA to "f" stuff up.
Newsom just keeps making California one of the worst states in America. I really hope he doesn’t just sit around and think of what he can screw up next.
Greyson newsom put people out of work with the lockdowns and he’s doing again with the minimum wage hike.
Too late! He's sitting in the Governor's mansion in Sacramento trying to figure out how he can get into the White House and do the same thing to the rest of the country.
@@playinatlife5778 ...and the socialists will vote for him. Socialists love candidate who tout FREE stuffs. We are in dangerous time.
He wants to run for president eventually 😢
Newscum*
Time to leave the state
But Newsom restaurant's are hiring at 15 dollars. Wtf how does that happen
Newsom and his buddies can’t wait to scoop up that real estate.
The chinese are going to rip buy like a mutha.
I remember Cali being the place everyone wanted to move to.
The rich democrats are still moving in here.
Not anymore because it’s turned into Mexico. Attitude and tagging. Latino America
It’s greed across the board!
It’s not political!!!! Rich people blame politically! Meanwhile Middle & poor class take the grunt!
It’s a vicious cycle. This happened in other states when minimum wage went up to $15 or more. The consumer pays the higher prices. Now, those consumers will not patronize those businesses any longer. Revenues, profits will diminish. The business will fold. It will lead more people into poverty and standing in line at the local soup kitchen.
Raising wages won’t solve anything but lowering the cost of living will.
I agree and not only that, they pay more stupid taxes and have lose eligibility on MediCal and other benefits, which is so stupid
Have to stop supporting wars and secure the border for that one. Aka, admit Trump supporters were right. That isn't gonna happen.
In Downey, CA the first Mc Donald's was there. It STILL has the giant golden arches and wrap around outdoor counters. Foster's Freeze was the absolute best growing up.
I left CA 20 year's ago and I guess it's absolutely true when they say,
You can't go home again. 😔
Bidemomics and a liberal cesspool has ruined EVERYTHING!
Exactly was there in the 90's.
I love Foster Freeze. Mc Donald's sucks.
@@shannonhardee5449 I agree about McDonalds. But I'm talking back long ago when it was cool to leave my giant High school to meet friends at McDonalds and sneak back on campus.
We need trump
Trump, the liar, the manipulator, the narcissist, the cheat on your spouses guy, the screw your investors guy, the stiff your illegal construction workers guy, the manipulate them to show up on January 6th guy, the ridicule handicapped people guy, the tell someone they are the greatest person in the world until you flip and then you tell the world that the person was a complete loser guy. Wow, there’s so much Trump to want.
Those workers from Fosters probably voted for Newsom and will continue to do so. Pay them $100 and hour and charge $100 for a burger. Maybe they will go out of business.
Why isn't this minimum wage up to the people to vote and why leave to one man?
I’m pretty sure the people would vote for $20 an hour minimum wage, if not more. Dummy
The food industry will automate just like the auto industry did to eliminate overpriced UAW workers.
@davidbottles3035
Now the automobile industry has hundreds of millions of dollars worth of over priced vehicles rotting away on lots across the US due to greed. They will be begging the government for a bail out within a year. There goes more of your tax money.
They've been doing that already. Way before the wage hike. They'd do that if pay was $5 per hour.
This is just the beginning of more and more lost jobs in CA. Remember that when you vote in Nov. 2024~~~!!! Shalom
Corporations will replace all those jobs soon with AI and robots. Who are you going to blame then? Republicans are making you think that the bad guy immigrant and democrat is to blame, and this shifting away blame from themselves.
In n out management is the most down to earth people ever
Hire Monica.
$20 dollars an hour for fast food workers. These leaders in Cali are not living in reality. My God!
@user-il4df6pd8dRight! 😂😂
You have to realize that they aren’t working full time hours. Yes they are making $20 an hour but they are working no more than 15-20 hours per week if they are lucky.
So… what’s your solution to this? People are struggling cause wages are not keeping up with inflation. What O Wise One would you suggest we do?
@@eatnplaytoday My solution to this problem is too not increase wages too much but instead lower the cost of living. People shouldn’t be paying $2000+ for a 1br apartment or paying $6 bucks for 12 eggs.
@user-il4df6pd8d Yes! That’s the spirit! Learn 👏🏻 Your 👏🏻 WORTH!! 👏🏻 Fight to be paid more! When minimum wage goes up like that it puts pressure to increase wages for higher paid occupations in response. Don’t worry inflation is not correlated to wage increases, that’s a lie, inflation goes up with or without it. As an American you have a right to collectively organize and speak up for better pay. You are protected by the NRLA which is federal law. (But management is unfortunately not protected). There’s no reason to be jealous, upset or threatened at all by lower wages moving upward, what follows is YOUR pay moving upward too. But if need be, ASK for it. Know your worth.
No matter if your business isn't large enough to be included with the $20 minimum, one would still have pay it to keep the workers. Over 1000 delivery drivers for Pizza Hut and Dominoes have been let go in California
These kids just got a simple but swift lesson on economics. Hopefully in politics too.
The problem is and has always been housing. The system is not regulating rents for studios and apartment complexes. Landlords are charging 2-3000 a month for a box that should at most be worth 500-600 monthly.
Minimum wage should stay at what it is. Even a person fresh out of school entering minimum wage jobs should be able to save up enough to move to his first place a rental such as a studio or apartment. Many ppl cannot afford a living. Regulate housing. Apartments are not worth 2k a month doesn’t matter where they are at. 500-600 at most.
I hear what you’re saying but how I see the affordability issue on housing is that true wage earning jobs, i.e. manufacturing jobs have been outsourced for 20+ years to China. For the politicians to try and make fast food jobs a career is nothing but smoke and mirrors to the real problem.
Tragic day...FOSTERS FREEZE was so great in Lemoore. It's a military town!
Vote YOUR GOVERNOR OUT OF OFFICE..
I bet they all voted to raise the minimum wage
It's corporate greed more than the minimum wage. Average laborer prevailing construction wage in 1970 was 26 and change. It rose till the early 90s. In 1985 I was getting 33.86. Let that sink in and everyone made bank. Not just corporations. When Calif was the Golden State. It truly was.
Didn’t you hear the governor is trying to raise it to $25 hour ? 😂
@@GT-mn3bx Then the majority of people in California voted for democrats and the government greed changed the situation to what it is now. In 1985 when you were getting $33.86 the minimum wage was $3.35. You were making 10.11 times the minimum wage. Now the California minimum wage is $20. Are the people doing the job you did in 1985 being paid $202 an hour now?
Yes, it's the minimum wage. A corporation is there to make money. If the cost of labor goes up so does the price of its goods. If the price is more than people are willing to pay then the corporation goes out of business.
@@GT-mn3bxyeah fosters freeze is such a huge global corporation with operations in 75 countries 😂
@@redburban1394 I think their pushing for 50 an hour now 😂😂😂😂😂
The woman being interviewed said: the owner of the Fosters Freeze who closed his stores were EXEMPT from increasing the employee’s minimum wages because of HOW MANY STORES HE HAD. Which means the owner is SHIFTING BLAME on the law that DIDN’T AFFECT HIM.
She could have misunderstood.
20 bucks an hour, but after taxes, it's 16. Bucks 💵 an hour? 🤔
Not to mention paying IRS $4444 per year.
California is drinking the juice
Biden is supplying it
Koolaid
Apple juice less acidic
Newsom isn't as dumb as biden, but he's getting closer
Yea but he's just as EVIL and corrupt
He's not as dumb as obiden ...but grabum screwem is definitely way more kaniving no matter the cost.
I hate the guy but it is mostly corporate greed. Average laborer prevailing construction wage in 1970 was 26 and change. It rose till the early 90s. In 1985 I was getting 33.86. Let that sink in and everyone made bank.
@@GT-mn3bx It is mostly government greed. Corporations are there to make a profit and that profit is used to pay employees who then can feed and clothe their families. The minimum wage in 1985 was $3.35. Let that sink in.
@@GT-mn3bx It started in late 70s but when republicans they wanted free trade instead of Fair trade
But this is not the Democratic Party of the 1960s or JFK
They want to falsely keep wages down to increase corporate profits
I actually earn half of what I made in the late 90s VS today because of illegal immigration
Is 2 different wings but the same party
If you don't vote to kick them out, don't complain.
If you look hard enough you can always find a flaw in any plan. But, if you are only interested in proving your predetermined assumptions, then you will never discover the truth.
How Newsom is not in prison is beyond me.
The United States as we know it is no more. All signs point to 2024 being a year of significant economic hardship for the entire nation. Put your cash to use straight away to increase its value. I was aware that I needed to invest. I had no idea how quickly a few thousand dollars a month would go up. Though it is. Since 2020, I've made about $600,000.
Congrats. Your ability to control the whole risk profile of your investments and prevent irreversible capital loss will be your actual financial unlock. A plan must be in place to take advantage of opportunities to profit when they arise.
When you first start off, you should get advise from a fiduciary counsellor if you don't want to crash and burn. They adopt a profit-driven approach based on individual risk tolerance because their entire skill set is built on simultaneously trading long and short.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
My partner’s been considering going the same route, could you share more info please on the advisor that guides you?
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
License Nurses are working $18 and burger flippers $20. Go figure. Are they required to get food handlers permits.
Where did you get that from? Nurses make 30+ an hour. Nurses can come and make burgers. No issues…Let’s see if they will prefer that.
@@Igorsov experience.
@@booster1469 Well, you must be one sad nurse then…Nurse job is popular for a reason…
@@Igorsov you must be an idiot.
@@booster1469You should examine your license carefully. With experience you should easily make over 30$/h.
My son got his hours cut and he makes less than before. This is not a failure. Their goal is to get as many people dependent on the government as possible.
And the closures begin… sad times we’re in.
Mom and Pop businesses have been struggling in this state for quite a long time here in California due to a general anti-business climate. Many of them are barely hanging on anyway and this is probably going to shove them over the cliff.
@@danven1256 i cant believe there are any real mom and pop places left in California!
They voted to get a Raise, but it came with losing their jobs...
Congratulations, You played yourself
Corporations will replace all those jobs soon with AI and robots. Who are you going to blame then? Republicans are making you think that the bad guy immigrant and democrat is to blame, and this shifting away blame from themselves.
Illegal aliens can't vote in California, except for school boards.
@truthiscensored
No point in working if it doesn't even pay the bills. Time to learn to cook at home.
@@OIllllOand how exactly are you going to pay for the food.
@@jeffdunnell6693
No I was referring to you cooking at home because more and more fast food restaurants will be closing.
That place was already going out of business
Maybe it’s because it didn’t have a lot of sales
Who could’ve known this would happen
Big mistake Newson
Monica is enjoying the attention she's been on multiple News stations 🤣
😂that’s what i was thinking lol
probably making more money doing the news circuit than actually working
New gig to make money, she cute too though so I ain’t trippin lol
People the minimum wage hike is not about more money for employees. It’s about destroying more small business and imposing more control over businesses
Politicians f. It. Up again for the working people
I'm a 72 year old South African living in Cape Town. I always tell young people start at the bottom if there is nothing else. You have to start as somewhere.
People of California. Vote straight party Republican in every single election forever
It may be too late from the pandemic forward. Citizens that lean conservative for the most part are leaving by the 10s of thousands per year, even more. That means,
there is not enough of US to vote these losers OUT OF OFFICE.
Politics is corrupted all the way. What you on about
I dont think they are that smart. They will vote democrat till it works.
When you stop hiding behind a weak pseudonym
Both parties suck
The wage dident go up for the employees , it went up so they pay more TAXES
shareholders too
I agree and now there are more persons on unemployment.
Yup so they can subsidize red states.
@@ericleuty6270 No. Did you know there are statistics on these things? Raising minimum wage does not correlate to greater unemployment rates, but it does correlate to higher employment retention rates and an improved economy.
@@Cometcast12dam that’s so true
I guess I never saw it that way but it makes sense
terrible food. just stop buying it.
The Democratic American Dream. Got to love it…….😤
The girl was incorrect when she thought her boss was exempt to the $20 due to the number of stores HE owns. It doesn't matter how many HE owns. The wage applies to any CHAIN with 60 or more restaurants.
Even if he only owns 1 place it will affect him. Why would someone work there when they can get $20. at McDonald's?
He would be forced to raise his wage in order to attract and retain employees.
Except Panera Bread. 😂
@@fauxque5057 he would still have had to pay $20 an hour. The bill specifically says this would apply to a franchisee even if they had just one location of a franchise with more than 60 locations. Foster freeze has over 300 locations nationwide and is a franchise model.
Meanwhile minimum wage workers will argue that inflation is unrelated to minimum wage increases.
In California, they're just happy to be in a sanctuary state. They don't argue about anything, but
they tend to screw up your order if you tell them what you want on your burger. I watch them
like a hawk and remind them that the bun should be warm.
That’s interesting because inflation has gone up for years while minimum wage didn’t increase for over a decade
@@jeffbrody2820 You’re a weird one who should be warming your own bun at home. That’s something clinical going on with you, go get diagnosed.
@@Cometcast12 When I started working In 2006, minimum wage in California was $6.75. Now it’s what, $20+ in only 2024? It’s tripled in 18 years? Not sure what time period you’re referring to.
inflation is caused by government borrowing and spending........
What a dumb question, it deserves a dumb answer
Imagine paying $20 per hour to some kid standing around picking their nose and playing with a smartphone.
This is how over taxing works. Inflation is caused by lawyers not businesses.
"You must be joking." That's exactly what we said even as they persisted in this foolishness. They should vote better next time.
Only unemployment and higher prices for consumers😢😢😢😢😢😢
So glad I left California 11yrs ago
GAVIN NEWSOM'S CALLING CARD AND NANCY PELOSI'S MIDDLE FINGER TO YOU. 😂 😂
$20 an hour but zero hours. Hmmm. 13% of something is better than 25% of nothing. I learned these things as a teenager. Some didn’t.
That’s ok. If one company can’t do it, another one will.
So you learned mathematics ? Does that make you a racist ?
Yes, never forget100% of zero is still zero!!!!!!!!!
@@Igorsovyou’re a moron 😂 you will forever be a mega corp sheep. Soon only Fortune 500 companies will be employers & make the wealth gap even further cutting out small business. Great thinking. Oh & when a burger combo ends up matching minimum wage it just goes up again therefore falling back on you the consumer. Learn some basic economics and maybe a skill stop looking for handouts trying to make skilled labor prices knowing how to turn on microwaves & pouring sodas into cups! 😃
Minimum wage was higher back when you were a teen relative to inflation, bro.
It's common sense and I don't need to be a business person to see the problems. This is what you call a domino effect.
Everyone with even half a brain KNEW this is what would happen.
Minimum wage is just that. You don't make a career out of it. A job that you have in high school.
Mexicans HAVE made McD's into a career in California...thus the demand for more money..well ya got it...but now no hrs..or no job😂😂😂
@user-he3dq5um2b
I'd wager you go to fast food restaurants during school hours right? Also don't be so foolish to think there are enough good paying jobs for the every one in this country. Remember the majority of the good ones were outsourced decades ago.
I cannot fathom paying $15+ for a combo meal from Mcronalds or whatever. I spend more than that regularly on a meal of actual food, but that processed garbage? Hard pass.
Costs 12-13 in Florida. Our min.. wage is like 10 dollars. Half the minimumm wage, plus lower rent, etc. but only a. 20% savings. Scam
My usual bacon cheeseburger with onion rings and fries at Nation's went from $10.50 to over $20.
@@oldworldorder9424
Same franchise, greedy is greedy.
That's why a good neighborhood bar burger is the best way to eat. A beer, burger and fries or onion rings $12.00 to $14.00 and that's a big meal, a happy meal 😂
I'm in Ohio
@@dantheman1106 Both bars in my area shut down. Now it is Mexican restaurant. Used to be a redneck bar.