Will Teenage Minimum Wage Hurt The Poor?

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Talk to any restaurant owner and you’ll immediately get two comments: “Covid was H-E-double toothpicks” and “We might not survive Albany’s minimum wage mandate.”

Of course, both points cover many different types of businesses, but it’s the latter sentiment that impacts businesses that rely on entry level workers to butter their bread, especially restaurants (yes, the metaphor was slyly chosen).

Interestingly enough, up until 100 years ago, the Supreme Court deemed minimum wage laws illegal. In 1923 the Supreme Court declared it “simply and exclusively a price-fixing Continue Reading “Will Teenage Minimum Wage Hurt The Poor?”

5 Reasons Why Splitting From New York Would be a Bonanza for Greater Western New York

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A few weeks ago a Syracuse media outlet published an article denouncing the idea of splitting New York into multiple states. It is recommended that you read that article before reading this one. The article was entitled “5 reasons why splitting New York would be a disaster for Upstate,” by Mark Weiner. It appeared on March 5, 2019 on the NYUp.com website. [The on-line version of this Carosa Commentary contains a live link to that article.]

What follows is meant to mimic Weiner’s article by using the same data and quotes to reach a 180° opposite conclusion. It starts with the very title. Weiner concludes “studies show the split into two states would likely be an economic disaster for Upstate New York, experts say. The region simply depends too heavily on taxes and fees paid by wealthy residents and corporations in New York City and its suburbs.” I’ll present his very same arguments, with very little additional information, and come to a completely Continue Reading “5 Reasons Why Splitting From New York Would be a Bonanza for Greater Western New York”

What is the “Content Economy” and Why are We Headed There?

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A classmate of mine recently posted the following on Facebook along with a picture of one of those new order kiosks popping up across the county: “Greeting the future of fast food at McDonald’s on River Road in Bethesda. Sure hope the whole ‘coal’ thing works out for everyone, since there won’t be any jobs here before too long.”

Now, before you get started, yes, this is a liberal friend (I proudly remain friends with those of all political persuasions). But let’s ignore the “coal” comment and focus on the “future of fast food” statement. The evolution to the fast food kiosk was predicted when states started raising the minimum wage. It would have happened sooner or later (just like the auto-attendant has replaced the receptionist). The higher minimum wage just hastened the inevitable. It starts with the front of the counter with order takers. For fast food places, expect to see automation in the kitchen, too. This is Continue Reading “What is the “Content Economy” and Why are We Headed There?”

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