So lets say I’m a business owner who sells shoes. I have 8 part-time employees so that there are always two workers to help customers. These are high school and college kids, who are more than happy to have an entry level job that gives them experience and spending cash.Suddenly my payroll expense goes up 25% during some of the worst years in history of retail. I can’t raise prices due to the bad economy and I’m barely holding on as it is. Now I will have to shell out over a Grand a month more to comply with the government mandate. What to do?1. Call it quits and layoff all 8 employees and go out of business.2. Layoff 4 employees so that I only have 1 employee working at a time.3. Have myself and family live in poverty.Unless you’re a full commie and want to force the owner to live in poverty, then options 1 or 2 will be the action taken by the small business owner.Doesn’t look good for the young people in Ca who already can’t find a job.Welcome to Liberal Land kids!
So lets say I’m a business owner who sells shoes. I have 8 part-time employees so that there are always two workers to help customers. These are high school and college kids, who are more than happy to have an entry level job that gives them experience and spending cash.Suddenly my payroll expense goes up 25% during some of the worst years in history of retail. I can’t raise prices due to the bad economy and I’m barely holding on as it is. Now I will have to shell out over a Grand a month more to comply with the government mandate. What to do?1. Call it quits and layoff all 8 employees and go out of business.2. Layoff 4 employees so that I only have 1 employee working at a time.3. Have myself and family live in poverty.Unless you’re a full commie and want to force the owner to live in poverty, then options 1 or 2 will be the action taken by the small business owner.Doesn’t look good for the young people in Ca who already can’t find a job.Welcome to Liberal Land kids!