Minimum Wage Strike Backfires, Employer Closes
” Protesters from coast to coast have engaged in recent efforts to artificially raise the minimum wage to unsustainable levels. If successful, these shortsighted strikers will ensure massive layoffs and a sharp spike in retail prices to absorb the increased operating expense.
Sometimes, however, the strikes themselves can lead to similar unintended consequences. Such was the case with Snarf’s Sub Shop in Chicago, which was the site of a minimum wage rally earlier this month.
After four straight days of dormancy due to the strike outside, the sandwich shop apparently had great difficulty recovering. Though the store’s management denies any correlation, the business’ 20 employees received an electronic pink slip just two days before Christmas.”
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