“Living Wage” May Be Nail in the Coffin for San Francisco Eateries

Here’s an excellent real world example from Fox News that illustrates how and why the so-called “living wage” concept hurts workers. In San Francisco, the “living wage” law, which increased the minimum wage from $6.75 to $8.50 per hour on businesses with 10 or more employees, went into effect at the end of February. Now restaurant owners are saying it’s a job killer and could put some eateries completely out of business. That, of course, will push more people into the unemployment line.