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Originally posted by AURaptor:

Remember the premise of You've Got Mail ?

Meg Ryan played the owner of a quaint, little bookstore. Tom Hanks was the greedy, large capitalist bookstore chain exec, whose company was going to engulf and devour all the mom and pop stores , across America ?



San Franciscans did this TO THEMSELVES !!!

Progress !


Liberals themselves are the very people they warned us about !!!!

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Originally posted by AURaptor:

Hey..didn't Hanks play a guy named FOX in YGM ???
bbb

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Sleepless and 'Mail are basically the same damn movies.

Both ridiculous.

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Originally posted by AURaptor:

San Franciscans did this TO THEMSELVES !!!

Progress !

Liberals themselves are the very people they warned us about !!!!

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Originally posted by G:

So, like I almost would be with any bank closing (has anyone ever seen a bank close?), I'm not too sorry that this human bank's business model didn't work.

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Originally posted by Magonsdaughter:
OMG Bookstore closes. Everyone PANIC. What could be a factor here - the fact that bookstores are CLOSING EVERYWHERE due to the expansion of kindles and online books, or the fact that they could no longer employ slaves.

Oh woe. The sky is falling in.

Great story Rap.

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Originally posted by AURaptor:
When a minimum wage hike hits home: Small San Francisco bookstore forced to close after latest city-mandated wage increase


The store’s owners explained in on its website:

“In November, San Francisco voters overwhelmingly passed a measure that will increase the minimum wage within the city to $15 per hour by 2018. Although all of us at Borderlands support the concept of a living wage in principal and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. Consequently we will be closing our doors no later than March 31st.

Many businesses can make adjustments to allow for increased wages. The cafe side of Borderlands, for example, should have no difficulty at all. Viability is simply a matter of increasing prices. And, since all the other cafes in the city will be under the same pressure, all the prices will float upwards. But books are a special case because the price is set by the publisher and printed on the book. Furthermore, for years part of the challenge for brick-and-mortar bookstores is that companies like Amazon.com have made it difficult to get people to pay retail prices. So it is inconceivable to adjust our prices upwards to cover increased wages.

The change in minimum wage will mean our payroll will increase roughly 39%. That increase will in turn bring up our total operating expenses by 18%. To make up for that expense, we would need to increase our sales by a minimum of 20%. We do not believe that is a realistic possibility for a bookstore in San Francisco at this time.
The other obvious alternative to increasing sales would be to decrease expenses. The only way to accomplish the amount of savings needed would be to reduce our staff to: the current management (Alan Beatts and Jude Feldman), and one other part-time employee

Alan would need to take over most of Jude’s administrative responsibilities and Jude would work the counter five to six days per week. Taking all those steps would allow management to increase their work hours by 50-75% while continuing to make roughly the same modest amount that they make now (by way of example, Alan’s salary was $28,000 last year). That’s not an option for obvious reasons and for at least one less obvious one — at the planned minimum wage in 2018, either of them would earn more than their current salary working only 40 hours per week at a much less demanding job that paid minimum wage.

Although the major effects of the increasing minimum wage won’t be felt for a while, we’ve chosen to close now instead of waiting for two reasons. First, the minimum wage has already increased from $10.74 per hour to $11.05 (as of January 1st) and it will increase again on May 1st to $12.25. Continuing to pay the higher wage without any corresponding increase in income will expend the store’s cash assets. In essence, the store will have less money (or inventory) six months from now, so closing sooner rather than later makes better business sense. But more importantly, keeping up our morale and continuing to serve our customers while knowing that we are going to close has been very painful for all of us over the past three months. Continuing to do so for even longer would be horrible. Far better to close at a time of our choosing, keep everyone’s sorrow to a minimum, and then get on with our lives.”


http://redalertpolitics.com/2015/02/03/minimum-wage-hike-hits-home-sma
ll-san-francisco-bookstore-forced-close-latest-city-mandated-wage-increase/#i8RT2lqYr22TkuBc.99



( Bizarrely, they claim it's still a good idea, but for them, it's unworkable. Go figure. )

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Originally posted by reaverfan:
Losing out to Amazon, blames wages that hadn't gone up yet. Sure, it's the min wage, and nothing else.

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Jindal, OTOH, has totally butchered healthcare for the "little people" you're so worried about, and you ignore that true fact.

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Originally posted by Jongsstraw:
Tea Party racist whores Reaverfag and Sloppy Second hate Bobby Jindal because of his skin color.

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Originally posted by AURaptor:

.

Classic Leftist. Screw the little people.

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Originally posted by Magonsdaughter:

Oh my, that's the funniest thing I've read all day.

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Originally posted by AURaptor:
Stagnate ? Hell, they need to wither off the fine and die.

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Originally posted by AURaptor:
Yeah, Democrat LBJ sure was a piece of work, huh?

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Originally posted by AURaptor:


I say YES ! To what ever she just asked me.

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Originally posted by Jongsstraw:

Say YES to her with sugar on it and anything's possible!

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Originally posted by AURaptor:
When a minimum wage hike hits home: Small San Francisco bookstore forced to close after latest city-mandated wage increase


The store’s owners explained in on its website:

“In November, San Francisco voters overwhelmingly passed a measure that will increase the minimum wage within the city to $15 per hour by 2018. Although all of us at Borderlands support the concept of a living wage in principal and we believe that it’s possible that the new law will be good for San Francisco — Borderlands Books as it exists is not a financially viable business if subject to that minimum wage. Consequently we will be closing our doors no later than March 31st.

Many businesses can make adjustments to allow for increased wages. The cafe side of Borderlands, for example, should have no difficulty at all. Viability is simply a matter of increasing prices. And, since all the other cafes in the city will be under the same pressure, all the prices will float upwards. But books are a special case because the price is set by the publisher and printed on the book. Furthermore, for years part of the challenge for brick-and-mortar bookstores is that companies like Amazon.com have made it difficult to get people to pay retail prices. So it is inconceivable to adjust our prices upwards to cover increased wages.

The change in minimum wage will mean our payroll will increase roughly 39%. That increase will in turn bring up our total operating expenses by 18%. To make up for that expense, we would need to increase our sales by a minimum of 20%. We do not believe that is a realistic possibility for a bookstore in San Francisco at this time.
The other obvious alternative to increasing sales would be to decrease expenses. The only way to accomplish the amount of savings needed would be to reduce our staff to: the current management (Alan Beatts and Jude Feldman), and one other part-time employee

Alan would need to take over most of Jude’s administrative responsibilities and Jude would work the counter five to six days per week. Taking all those steps would allow management to increase their work hours by 50-75% while continuing to make roughly the same modest amount that they make now (by way of example, Alan’s salary was $28,000 last year). That’s not an option for obvious reasons and for at least one less obvious one — at the planned minimum wage in 2018, either of them would earn more than their current salary working only 40 hours per week at a much less demanding job that paid minimum wage.

Although the major effects of the increasing minimum wage won’t be felt for a while, we’ve chosen to close now instead of waiting for two reasons. First, the minimum wage has already increased from $10.74 per hour to $11.05 (as of January 1st) and it will increase again on May 1st to $12.25. Continuing to pay the higher wage without any corresponding increase in income will expend the store’s cash assets. In essence, the store will have less money (or inventory) six months from now, so closing sooner rather than later makes better business sense. But more importantly, keeping up our morale and continuing to serve our customers while knowing that we are going to close has been very painful for all of us over the past three months. Continuing to do so for even longer would be horrible. Far better to close at a time of our choosing, keep everyone’s sorrow to a minimum, and then get on with our lives.”


http://redalertpolitics.com/2015/02/03/minimum-wage-hike-hits-home-sma
ll-san-francisco-bookstore-forced-close-latest-city-mandated-wage-increase/#i8RT2lqYr22TkuBc.99



( Bizarrely, they claim it's still a good idea, but for them, it's unworkable. Go figure. )

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Originally posted by second:
The rule is to never let Libtard Democrat voters know they are being conned. So long as they remain ignorant, they can be conned again. Every two years to be more precise.

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Originally posted by Jongsstraw:

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Originally posted by AURaptor:


I say YES ! To what ever she just asked me.

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Say YES to her with sugar on it and anything's possible!

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Originally posted by JEWELSTAITEFAN:

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Originally posted by second:
The rule is to never let Libtard Democrat voters know they are being conned. So long as they remain ignorant, they can be conned again. Every two years to be more precise.

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Fixed that for ya. No sense in insisting on being wrong when you were oh so close to getting the facts right.

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