U.S. President-elect Joe Biden, in order to save the economy under the Wuhan pneumonia (novel coronavirus disease, COVID-19) epidemic, launched a $1.9 trillion bailout plan, which intends to raise the federal minimum hourly wage to $15, but store owners have come forward to appeal to never, otherwise the entire U.S. restaurant industry will be ruined.
According to the Forsyth News, Florida restaurant owner Horne (John Horne) said that if the money is spent on people will indeed help, but this minimum wage increase will absolutely destroy the food service industry in Florida and the country.
Horne to his 1 store interview calculations, if the minimum hourly wage rose to $ 15, then in personnel costs he will have to increase $ 500,000 a year, which will force him to raise the price of meals.
Horn said that this would force Florida seniors not to go back to spend, because they do not have a “raise”. Horn revealed that his father’s Social Security increased by 1.9% this year, but only $34 more per month.
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