Rising Wages, Sinking Plates: The High-Stakes Battle for Survival in America's Small Restaurants
The Dynamics of High Minimum Wages and Their Impact on Small Restaurants
As cities across the United States continue to adapt to economic pressures and progressive policies, the conversation around minimum wage legislation and its impact on small businesses, particularly restaurants, has reached a critical juncture. This discussion brings to the surface fundamental economic principles, societal trade-offs, and the evolving landscape that local eateries face in a time of heightened financial and regulatory challenges.