“$20 Per Hour Effect” - California Minimum Wage RUINS Beloved Restaurant Chain
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- Опубліковано 21 сер 2024
- Due to inflation and rising minimum wages at fast food restaurants, fast food chains have become a 'luxury' for Americans.
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As a California business owner here. Increasing the Minimum wage is how the Government in cali raises taxes as it increases "Payroll Taxes".
Can I ask you a serious question, with all of the problems that stem from your state. Especially when it relates to business and cost of living. Why haven't you relocated.
You know that “payroll taxes” don’t go to the state…right? And while in theory it could in fact raise income taxes, people making $20/hr don’t pay much(if any) income taxes after deductions.
@@Fallout777 If it's easy, more people would have relocated. Also, each person, each situation has different breaking point.
@@edhcb9359uh, there’s a thing called SUTA. In CA it’s UI.
Think (or educate yourself) before you post.
@@edhcb9359and not to mention CA has multiple “payroll taxes” that hit the business. The employee ends up paying more in State income tax, in which CA has the highest personal income tax burden.
He's welcome here in Florida. Give him all the incentives he can get, to get his business running here.
Open in Tampa, he’ll be fine
Bring Wegmans down here as well. So sick of Publix placing fascist laws so no other grocery store they compete with. It's wild. Lol
Florida is only a year or two behind. We already voted for 15$ an hour minimum wage statewide which is being phased in and we wonder why costs are going up so much
In fast food labor costs are about 30% of revenue no duh this is what happens as a result
People are not eating out. They are at the grocery store.
Please shop at RALPHS or FOOD 4 LESS
That's false lmfao
@@ghostmane2643 What's false?
@@charleneweege7149 People are definitely still eating out. We are a nation of idiots swiping credit cards for food.
@@ghostmane2643 Oh yeah, I'm sure they're using credit cards.
how do you even survive in California on less than $20/hr?
Have 6 roommates
The beauty of capitalism is that only the most efficient businesses survive 🤷♂️
In 1965, ceo to worker salary ratio was 20.4
In 2021, that ratio was 389
Why do we keep celebrating c h I l d l a b o r in 🇺🇸 while we know well that people aren’t having kids anymore?🤦♂️
Yeah, 6 roommates. Vet carefully. I had one who couldn’t survive on $20p/h.
We haven’t replaced the roommate yet, we’ve been managing with 5 roommates but there’s been a heap of arguments, cops have been called 3 times already.
I don’t think it’s just the one less roommate though, we also all pitched in to buy a bunch of flowers for the roommate that passed. Now I’m thinking they might die before the funeral (the flowers not the roommate killed)we bought them too early. This has been the worst 48 hours ever.
Anyhow, to answer your question, 6 roommates or 5 roommates & some petty theft, nothing too crazy but this is the minimum.
Anything less and you might have the cops starting to get really annoyed at you for nothing but peeping at them from the crack in my door.
WHAT’S HAPPENING!!!
Get a trade or skill. Not having enough money is a personal problem.
@@FromThe3021that hurt my brain… move bro wtf
And Gavin’s restaurants don’t have to pay 20 an hr.
That was his friend's resaurants, and Panera is doing the minimum wage now because of backlash.
Had the nerve to call Rubios a beloved Mexican chain 😂😂
Tom needs to be respected more. Adam needs to be shown the door.
Tom is a clown.
Be fair. Adam's point about livable wage was very interesting. I don't usually agree with Adam either, but different voices, especially the ones you disagree with can only be beneficial for a conversation.
Adam is very inteligent. He is a self made millionaire. Im not a big fan of his but he has good points.
Damn straight!! Show Adam the door let it hit him in the arse on the way out!!😂
@@InvestorsHeaven that's probably one of the reasons why PBD keeps him around.
Pay close attention to who buys up the real estate these companies sell.
BIG NOSE
that will of course be Black Rock
@@ghhfgbbkufgh Oi!
I worked at a Rubios for a year and our store closed in early may, we were given one day notice of the store closing and we came to find out that the restaurant wasn’t able to pay rent for 3 months due to the raise. It was an absolute mess.
Obviously, what they need to do to fix this problem is to raise the minimum wage to $50/hr.
You laugh, But they are already pushing for $25 a hour min wage now.
Duh...some California Democrat is already pushing $50
@@soulwarrior7721 Barbara Lee suggested $50 😂
It would be comical if they weren't serious, insanity😂
Lmao 🤣 yall thinking raising wages increases your value . In reality gas will be 10$ double what your paying compared too your pay which isn’t double compared too what you was paying for gas at half the price lmao . Inflation is too keep the poor forever poor
$20 is the $7.50. It's still not a living wage.
it is a pretty good wage where i live. the world is NOT california.
You guys are crazy. $20 an hour is a good wage!
You guys will create more inflation and ruin it for everyone
@@RobbinGrahamwhich is why it’s the California minimum wage and not world minimum wage
@@RobbinGrahamwhich is why it’s the California minimum wage and not world minimum wage
@@RobbinGraham However, the topic is California not your state.
Another part about this shitshow here in ca. Homeowners insurance companies won’t insure us and are leaving. So the ones left here are charging double and triple.
Then there’s the super high car registration. 1000.00 for a Toyota Tundra
Fk that I'd leave
The crazy Democrats don’t understand that when you increase anything you will end up paying the price.
as opposed to little to no increases over the past several years and yet prices have blown through the roof.
@@synergygaming65 Don't confuse people with the complexities of inflation. They need simple answers.
Maybe your salary should be dropped so you pay less price right?
Immigrants in Cali work all in retail stores,fast food. They're complaining about the pay 😂 it's not teenagers. Another reason why McDonald's in Cali is paying $20 an hour. It's a Immigrant thing
Please explain, I’m always interested in theories…I can’t figure out why they pay so much
You missed the point. You don't see teenagers because they've been priced out of the market! This impedes our youth entry in the labor market.
You got this theory wrong, fast food is by not even top 5 places “immigrants” work at.
The illegals coming here now are NOT here to work. . .
@DawgyinaField so you have some who has nothing to do with fast food and knows nothing about small business telling people who work in fast food what to do and than wonder what went wrong
Please read this law! It says if your fast food restaurant bakes bread, you don’t have to pay a $20 minimum wage! Did someone give a donation to Newsom to give their restaurant a big labor saving!
CHANGED already, all have to pay $20.😂
Ot was a bribe but to many complained and court would have torn Newsom a new @$$
Wouldn’t matter anyway because you’re competing for the same employees as chains that are not exempt.
Rubio's was already struggling before the minimum wage increase and they just wanted a convenient bad guy to blame. The truth is that they are mismanaged. Their food cost 2 times the equivalent from smaller chains, service went to crap due to prioritizing food delivery, and it is not as good as it used to be. Restaurant hiring actually went up (not down) after the increase and the truth is that labor cost are a small component of costs. Most other restaurants are doing okay but Rubio's put itself out of business.
Most people wouldn't look into things like that.. they'd rather be just spoon fed news that confirms their beliefs.
Adam worked at Hooters. I knew it 😂
There are a lot of people in CA that live on minimum wage. Lots of Hispanics work fast food, leaving fewer jobs for teens and other entry level people.
So Hispanics aren't allowed to work?
I live in Appalachia, not so many Hispanics here, but a lot of adults aged late 20's to early 40's working the min wage jobs, the whole country has a massive supply of low skill workers, but only so many low skill jobs, and raising min wage to the level of hi skill jobs is just going to put businesses out of business.
Lots of whites work fast food as well. And janitor jobs.
Gen Z don’t want those jobs though
Yes that's correct
$16;ain't much.
Here's the real issue.
I started at a good paying factory in 1995 at $16.79 per hour.
That same factory had starting pay in 2020 of $17 per hour.
OK, figure just 3% to 4% inflation for 25 years.
That factory, just to hold its buying power to workers coming in, would have to have raised its starting wage to $28 per hour.
WAGE STAGNATION
THAT'S THE BIG PROBLEM.
PRICES DONT STAGNATE
The true minimum wage is $0
True. I was a construction foreman for many years. Some of our newly hired unskilled laborers were absolute garbage…the wages should be low and it’s up to the workers to better their wages …no way an unskilled person is worth 20 per hour that’s utter nonsense
Well that wouldn't be a wage, now would it?
@@FactsMatter999 $20 dollars isn't worth nearly as much as it use to be.. you're probably a boomer stuck in the past and think that's a decent wage without accounting for rampant inflation.
As a california business owner. State and city taxes are out of countrol. And the sad part is that you dont see what they are spending on.
Prices of food went up 300% and we here bytchn about a 25% raise in income. Give me a fckn break
20 at the restaurant, 20 for delivery to supply the restaurant, 20 for gas pump workers that fuel them,, 20 for the packaging and processing food, 20 for farm food pickers.
At each stage that increae gets past on to the next.
@MinkieWinkle The problem is that all those jobs aren't paying $20 an hour.
Theres no way 15.75 is livable wage in Florida. That's not going to qualify for any rent
Then become a more skilled worker or get a second job
The higher the wage, the higher the employment taxes for California, you know they need it with the missing and unaccounted for taxpayer dollars in California.
Obviously, to fix this they need to raise the minimum wage to $50/hr.
obviously you need to come up with better strawman arguments
Vinnie was like, wtf is that.
That's what he says when he looks in the mirror every day
The real kick in the nuts is minimum wage goes up four more dollars a hour but people making twenty they don’t get a four dollar raise
Exactly. Flattens the wage curve. Everyone now makes minimum wage.
This is brought up everytime minimum wage is increased.
Yeah. I started my job at $20/hr. Worked 5 years. Made a dollar an hour raise a year on average. It is not a good feeling…
Only way to fix this is to give the people $40 minimum wage so they can afford to eat out.
What's a good income to afford a nice house, nice car, enjoy food and entertainment? 100k? 150k? 200K? Whatever the number is, that should be MINIMUM wage. Someone working at McDonalds should be able to do the same thing as some asshat who buys up all the property and rents it out.
😮😮5😮zI @@668771s😮b
Why would anyone start a business and take all the risks if there is no profit. All of you want the $ but don't have the guts or the smarts to start your own business. Why don't you all go ahead and start a business and pay everyone the wages you suggest. You will never last.
@@michaelcaffrey1897 100%
@@michaelcaffrey1897 People who want to start a business and make lots of money can fund everyone else who just wants to enjoy life. Win/WIn. Our worth as humans should have NOTHING to do with what we add to this ass backwards economy.
PBD, you are silly. In 35 years, I've bought two fish tacos from Rubios here in San Diego. They are not Mexican, nor is Taco Bell.
Rubios should have been out of business by 1995, tells ya how utterly forgiving the market is despite how competitive. Lobster West for Lobster anything.
Doordasher's perspective on Rubios... Only picked up food their 2x in successive years, 2020, 2021... Their prices were too high before Trump came into office, the wage hike ain't Rubio's problem. Lack of value is!
Government should have no say in what private businesses pay
You know, back hundreds of years ago, the Lord of the land didn’t give a fuck how people did business with each other as long as he got his cut. That’s what’s wrong with today’s government in the nutshell.
I’m retired without social security. I’m in the city but growing my vegetables, raising quails for eggs and meat, and buying high quality meat on sale and pressure canning it to be shelf stable.
It’s not just the $20 min wage. What about the store manager that was making $20 before the requirement now wants a raise or they will just be a worker. It affects all workers in the restaurant.
I started out working at Hardee’s and Hy-Vee Grocery in the 80’s early 90’s when min wage was $2.25-2.75. High school kids 14-18yrs old dominated the workforce at those with maybe 1-2 adults supervising. I have rarely seen kids working at fast food joints or grocery stores. In fact I rarely see kids working anywhere at the ratio I remember. I can’t even remember the last time I’ve seen a teen working a drive thru. Why? Are they not applying or not being hired? High school kids were great for the roll. Pay was sufficient for living at home with mom and dad and building job experience.
I agree with you. It's all changed. My first real job was at a grocer when I was 17 in 2005. Met a lot of friends there, most of the staff was around my age. Good learning experience overall. I would say 2/3 would be 14-21. Majority stuck around for a year or two at most and then found another job, went back to school etc. Now, not even 20 years later when I walk into a grocery store I would say only about 30% of the staff would be teenagers or those in their early twenties. Majority are middle aged adults........ How did this change so fast? When I started there I knew I would not be there for that long and that was fine... All just a stepping stone for young people... I wonder what kind of jobs young people are taking on these days, or are they just not working at all?
You're right. Teens nowadays think that owning/ operating a motor vehicle + fast food is too expensive and not worth the hard work. Majority of parents are overprotective and chauffeur them all around town.
I live in san Diego county. I was looking for work online, many higher jobs than fast food are paying $16-$18. Caregiver jobs are starting at $16? That’s ridiculous. I’m sorry but fast food work is not better than these other jobs, yet they’re getting paid $20. Oh, every restaurant closed here has brought in so much homeless. They congregate in a group but don’t want to work. In our city we have help for them. It’s becoming frustrating seeing this city become another LA.
70 billion in profit... guys we only made 69999999 this year ... share holders close all the restaurants.
I'm half a geezer and Remember when Rubio sold his business for $100-200 million. He was in the San Diego Union Tribune newspaper taking a bite out of a Taco.
Aaaaaaaannndd there it is! Will The Real Fish Taco Please Standup!?!
Minimum wage policy helps large corporations and kills mom and pop’s.
Rubio's is a large corporation.
In 1965, ceo to worker salary ratio was 20.4
In 2021, that ratio was 389
Guess what else was true in 1965? There were more pop and mom restaurants 🤷♂️
Too much money in circulation has caused asset price bubble...stocks, real estate. The rich don't complain about that. But if poor people get a raise so they can pay rent, then that's bad.
Completely missing the point
Livable wage is 24 and these guys mad at 15. Wow.
McDonald's workers in Denmark make $22 an hour and have six weeks of paid vacation. And you know what? McDonalds's is doing fine in Denmark because all the fastfood pay about the same salaries. Having decent wages is not a crime! In fact, it's good for the economy because they spend more!
These people are brainwashed from years of US right wing media.. that's not going to be acceptable thinking here.
Why should fast food workers have a higher minimum wage than the guy changing oil at the tire shop? Makes no sense at all
Why didnt that tire shop raise their wages to compete with fast food chains. Do they forget they have to compete for the best workers. Even at entry level jobs.
@@jaamall You are missing the fact that the fast food minimum wage of $20 per hour is an arbitrary figure that was imposed by the government and not a market driven equilibrium level. The government chose to step in and arbitrarily mandate a $20 per hour wage for a specific industry in order to pander for votes without regard for the downstream effect, which will end up eliminating the jobs for the people to whom the governor was trying to pander. This is what happens when you govern based on “feelings”, with no grasp whatsoever on the laws of economics.
Lol the American dream in CA is living in a trailer on some property your parents own… I’m not even being sarcastic
Dude, does Adam make any point?🤷♂️
I thought his point about livable wage was pretty spot on
He is a comedy relief
He talks and repeats what has already been said. I'm glad Tom calls him out when he's just eating air time.
I was wondering what happened to all the Rubio's Baja Grills in Los Angeles. They had some really good fish tacos and that lobster burrito.
fast food is being worked by people above 30 years old. They are treating like a career
No they are treating it like a job. A corporation that makes 25 billion a year.
It's like people don't have a lot of options with how the job market is manipulated these days.
These people really think $16 per hour is fair on people who work so hard in these restaurants?
In California?
Come on guys, this is 2024
Restaurant that wasn't paying it's workers a living wage ain't that iconic
Sure. Just raise the prices to afford that living wage. Now can you afford a $30 burrito? Oops. Now that means you stop going to the restaurant. We'll, guess that means the place can't afford to stay open. How about lowering living costs? Maybe less personal taxes, build more housing,
I worked in McDonalds in 1973. My job was shakes I averaged 500 to 800 shakes in a eight hour period.
These guys are cool with working people till they’re 80 why wouldn’t they be against 20 an hour.
I've worked Manufacturing and I've worked fast food. I would never work fast food again. Not because the pay is bad, but because a manufacturing job is easier than working fast food.
My friend owns a nursing home and paid 17 an hour. He lost a lot of employees that rather work fast food then take care of elderly for more money
Rubios has been failing for a while this just sped up the process. Remember minimum wage workers in California are working 2 to 3 jobs to make it. Raising the minimum wage lets them quit one of them therefore the jobs eliminated are not needed anymore. Go to any big city in California there are help wanted signs in almost every fast food restaurant
Teens don’t make the majority in these jobs anymore. It’s bunch of old people for the most part (
California doesn’t have that minimum wage thing where servers get half pay or less because of tips. I know most states do but people need to learn basic facts because I am so tired of the oh poor minimum wage workers when tipped workers are making $16.00 an hour and fast food workers are making $20.00
I know the economy is bad, it’s always been a cycle and gone good and bad.
I made 4.25 minimum wage when I was a server in California.
You know what I did when we had that terrible 2008 economic crisis? Picked up more shifts, worked night shifts and learned to bar tend. Worked overtime as much as I could.
Not saying things aren’t horrible but there are cycles where sometimes you gotta work your butt off until it gets better. Vote better, get these clowns outta office please 🙏
I’ll be praying everyone’s situation gets better, I’ll be voting with the best knowledge I have, and I’ll be working hard in the meantime.
If I remember correctly, in 2020 the voters in Florida voted for the wage to go up to $15, it wasn't DeSantis.
Correct. And barely met the threshold.
It was put on the ballot by John Morgan, one of the largest law firms in the Country, and happens to be a huge donor to the Dem party. Estimates have his net worth between $500-$750b.
After Bidens inflation and dems raising taxes minimum wage does need raised to balance the economy out. Issue is they rause taxes and inflation a bit higher than minimum wage each time over a long time period so the gap of having a liveable income gets further away each time. The worst is that most jobs aren't minimum wage in areas like construction. Guys getting paid 25/hr when minimum wage was 10/hr will still be making 25/hr when minimum wage is 20/hr making it better to just work for big biz than for small biz. A slow process of weeding out the middle class. Who will roof for 25 when they can do simple work in an air-conditioned building for 20.
Done on purpose. They want all business gone.. blackrock larry fint. N the rockerfellers.
You could make $20 an hr in California and literally be forced to homelessness.
Considering how high CA state income tax is, it seems to me that the state of CA is the prime benefactor of a 25% increase in the minimum wage.
That restaurant was in financial stress before covid, and before the $20 hr wages.
Kind of skipped over that part about them declaring bankruptcy in 2020.......
Owning 6 Crumbl locations in California the $20 min wage increase hurt our bottom line tremendously.
Those cookies are 4-5 dollars a piece... you think paying employees 5 cookies a hour bankrupts you? This is the problem with society...
Diabetes in a pink box.
@@oniyoda Cost of doing business in California is out of control. Not to mention we use only the best ingredients. Margins are razor thin.
@@idiocracyishere4531 Everything in moderation. They are meant for sharing with your family and friends.
@@oniyoda For real! They are good cookies, but I can also run to the local Safeway and get a dozen for the same price and they taste just as good.
My prediction is Crumbl is growing too quickly and will soon oversaturate itself.... probably lead to losses and store closures in the next 5 years.
I'm from Los Angeles. Matter of fact, PDB you're one of my OG's because you're from Glendale and I'm from Eagle Rock. And I've ALWAYS been in love with Rubio's Shrimp Tacos. This news really breaks my heart.
So people working in fast-food chains should get paid low wages to keep the poorly managed restaurant open? People can't pay their rent with a fast-food job what are they supposed to do? Work 80 hours a week????? Rich people have no clue how expensive is life in big cities.
Chick FiL A served over 2.1 billion meals last year
Great episode as a CA business owner I’m happy that it’s just a fast food pay raise. I’d like to make a stout point, in that this section has almost zero Vinnie and Adam doing a great job to state his point, not allow to be interrupted was great to see again! And it’s always a pleasure when you Pat share any part of your personal life journey in any way. You’re a great creator and teacher. Just please, you don’t need VINNIE! Because of him I doubt I’ll be hitting your videos up much during the election. I hope there’s a semblance of a debate on the table but I know 2 of you are just Right without question and one’s a comic?
Looks like making zero dollars an hour is really what $20/hr min wage looks like.
People that own 200 restaurants are the real victims! Thanks for sticking up for fast food chains, the unsung heroes of America!
The problem isn't the wages... It's the prices.
Thats the minimum wage for every job in CA EXCEPT AGRICULTURE which is so crazy to me , given how labor intensive it actually is
Lobster burrito was a promotional item. They feature New promotional items all the time. The new promotion is Mexican Fire roasted corn and other things with the corn
I was walking around Santa Monica and the only stores were left open are liquor stores, restaurants and big name brands. The rest is allll closed, up for a lease. I’m thinking this 20$ per hour is gonna take away a lot of those restaurants. At least whatever is left. So sad seeing our leaders target business and choke the living air out of them.
It’s like the policy makers in CA never took an economics class. I live in CA and think this is exceptionally stupid.
My question: California goes to 20$ hr minimum but 32 other states still carry 7.25 on books and state laws ???
Min wage was one of the 1st policies designed to destroy the working class
There's something wrong if the only way you can afford to eat in a restaurant is for the workers there to be starving
Adam doesn’t understand how economics works. Raising the minimum wage is basically a flat tax on businesses. Taxes trickle down from businesses to consumers through higher prices, reduction in quality and/or quantity, and reduction in worker benefits or hours, or outright removing positions entirely. Minimum wage increases to match this arbitrary concept of a “living wage” only makes the cost of living increase.
Adults use to work in manufacturing. Now those jobs went overseas. A lot of adults only have fast food jobs. These jobs were supposed to be teenagers.
Econ 101: Minimum wages cause unemployment. Increasing minimum wage causes increased unemployment.
Businesses worth a trillion dollars should pay $21.50 minimum wage and not be able to cut hours and work employees 8-9 days in a row with no days off and split pay periods
Not limited to Cali, inflation is a problem all over. Large chain restaurants have advantages over family run businesses and now they are in trouble. Looks the end of dining out for the average American.
Man I wish when I started working for minimum wage it was $20 😂
I will say these restaurants can’t rely on costumers to pay their worker’s wages. Not talking about rubios. Tipping has gotten out of hand.
In 1993. I was working at burger 🍔 king. Making $ 5.25 an hour The only benefit was eating all the leftover food they were gonna throw out 👋🤣
During that same time, why was the French Laundry restaurant allowed to be open?
I see adults working fast food, walmart, grocery stores. No teens. This is deigned to harm this country.
That's more of reason to pay them 20 p/h
I literally haven’t seen a teen working in YEARS!
They're under a lot of pressure to from colleges to study and do extracurriculars. Not much time for a job with high competition.
Don’t you love when millionaires are complaining that paying the bottom 99% 20$ / hr in CA is too much ?
As a business owner in California, I can’t get any new employees because I can only pay the minimum wage which doesn’t complete with the $20 an hour fast food workers are receiving. I can’t afford to raise my minimum wage to be competitive to the $20 an hour fast food workers are getting. Why would I get any new employees if they can just go work for a fast food joint?!
Next step: $25 an hour
I'm just going to leave this little tidbit here,,,,"On August 24, 2010, Rubio's Restaurants, Inc. announced the closing of its merger with a subsidiary of Mill Road Capital, L.P. to take the company private."
There's that pesky private equity that's behind Red Lobster's recent closing.......I wish you would see that aspect of things,
When will politicians learn about “unintended consequence?” Oh I almost forgot. They don’t care!!
the teenagers used to do the fast food jobs when you old chaps were young... in todays society, theres a lot of middle aged folk trying to support their families with these fast food / restaurant jobs.
Buisness owner will never complain about making profit but immediately complain with they have to pay fair wages
You forces business to pay fair share but you can’t do anything to bring down the housing cost , fuel prices and provide safety . That’s the bigger issue .
It diminishes the worth of getting certified to get a job, which usually started at about $22-24.
You can't survive on $16 per hour in California
I’ll add that we’ve stopped eating out at restaurants since things have gotten SO expensive.
Yup. Cost went up, food sucks and the shitty server with an attitude still wants a 20% tip. They can all suck it
$20 minimum wage for fast food workers. Awesome, now i expect the crime rate to drop by 100% because they are finally making enough money to live… right Newsom?
The question is who decides what is a “Living” wage
This law is a good thing because people get vompensates fairly for thier in demand labor and some big chains get liquidated along the way creating much more oppertunity for small local restaurants to open and do well.
Newsoms Commifornia will have the highest cost fast food and most laid off fast food workers in the US.