Dearth Of Capital – Intellectual And Fiscal

Alexandria Ocasio Cortez, self-described champion of the working person, fudged her workman’s comp for her own campaign employees.

That’s OK, there really are two different sets of rules out there, and nobody is going to make modern Progressivism’s “It Girl” accountable for anything of the sort.

But the rest of the world? That’s another story.

The restaurant at which the Congresswoman tended bar closed last August. And there, the story deepens – if you work for a living in the Bronx:

Interestingly, the progressive congresswoman bemoaned in August the closing of a restaurant where she was previously employed — however, the restaurant cited an Ocasio Cortez-endorsed policy as a partial reason for its closure.
“The times have changed in our industry. The rents are very high and now the minimum wage is going up and we have a huge number of employees,” one of restaurant’s co-founders said at the time.
“Ocasio-Cortez’s desired ‘living wage’ of $15 an hour has been a living hell for many small business owners in New York, who’ve been unable to offset the cost through higher prices,” Employment Policies Institute Managing Director Michael Saltsman said in response to the closure. “It’s fine to mourn the impending closure of your former employer — it’s better to understand the misguided minimum-wage mandates that contributed to that closure.”

That would require actual critical analysis on Ocasio Cortez’ part…

…heh. I slay me.

5 thoughts on “Dearth Of Capital – Intellectual And Fiscal

  1. JD beat me to it. The answer provided by the Democrat talking points memo is, “People are covering for their mismanagement by making working people suffer.”

    And maybe there’s some truth in. But why is the enactment of some new leftist Social Justice™ regulation or ordinance always followed by the collapse of several businesses that have somehow managed to survive, despite rampant mismanagement?

    Remember the smoking ban? How many bars closed after it was enacted?

    And how do leftists conclude restaurant owners have the room to raise their prices after they have already raised them past what many will pay in order to offset the raft of taxes that has been put on them. I read somewhere that Minneapolis has the highest hospitality taxes (hotels, meals, adult beverages, transportation) in the country. Who is going to pay $50 for a beer and a Juicy Lucy?

    Smarter leftists acknowledge raising minimum wages costs jobs, but they too have a handy answer:

    “On average, minimum-wage increases eliminated jobs paying below the new minimum, but added jobs paying at or above the new minimum. The two changes effectively cancel each other out.”
    https://www.washingtonpost.com/news/wonk/wp/2018/02/05/raising-the-minimum-wage-doesnt-cost-jobs-multiple-studies-suggest/

    This is laughable. They’re suggesting that nitwits do like Occasional-Cortex and get juicy public sector jobs, or maybe they just jump into the tech sector. Yeah, sure, that’s the ticket! Learn to code, losers!

  2. The sad part is Hillary said that in 1993, while pushing Hillary Care (the precursor to Obama Care), explaining why the bankrupting cost of her program wasn’t her problem. That was 25 years ago.

    AOC was four years old.

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