Wednesday, October 17, 2018

Minimum Wage, Maximum Waste: San Francisco’s mandated $15-an-hour law is exacerbating homelessness

By City-Journal, Oct. 15, 2018

As a small-business owner in New York City, I could hire entry-level workers at about $12 per hour; their labor, in turn, earned me between $13 and $15 per hour. It was an excellent arrangement. I provided a service for my customers and jobs for low-skilled workers. Working for me, they developed their skills, then moved on to better-paying opportunities, either with me or with other employers. I didn’t make a lot of money doing this, but I made enough, while developing a talent pool for more complex projects. 
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