Local San Francisco Bookstore Dies of Minimum Wage Hikes

We’ve said it over and over again. Minimum wage hikes will not do a thing to help anyone. They result in either higher prices or layoffs, but they hurt small, local businesses the most. It seems the first casualty confirming our fears has been tallied in über-liberal San Francisco. Borderlands Bookstore will be closing its doors, thanks to the minimum wage increase: In November, San Francisco voters overwhelmingly passed a measure that will increase the minimum wage within the city to $15 per Read more […]

Don’t Raise Minimum Wage, Just Fix the Currency

With all the talk about minimum wage, most people miss the real culprit for the rising cost of living: inflation. Does it really matter if you make $20 an hour, if every dollar you earn is worth ten cents? Of course not. Recently, some minimum wage workers in Philadelphia learned about the Federal Reserve. They apparently had never thought about what is actually making it hard for them to make ends meet. They talked about corporate bank accounts and a lack of “trickle down,” as if somehow Read more […]