Who Benefits Most From Minimum Wage Hikes? Robots.
Progressives never consider the unintended consequences of meddling in the private sector.
They fight for minimum wage increases without considering the possibility of lost jobs or increased prices. The result? Fast food companies (and other major chains relying on minimum wage labor) turn to self-service kiosks to lower costs.
Wendy’s is turning to self-service ordering kiosks to offset hikes in the minimum wage. The fast-food giant announced that the kiosks will be made available across its 6,000-plus restaurants in the second half of 2016. It will be up to individual franchisees to determine whether or not to utilize the labor-saving technology.
… These changes come after California Gov. Jerry Brown and New York Gov. Andrew Cuomo signed legislation which will raise the states’ minimum wage to $15 per hour.
They do say the road to hell is paved with good intentions. Progressive “feel good” policies are destroying entry-level jobs. Where there once was a starting wage, there is now zero wage, thanks to over-regulation and government meddling.
The best thing Democrats can do for lower and middle class families is get out of their way.