The debate to raise minimum wage in California is totally negated. The debate holds no weight because workmen's compensation rates are completely out of control there. Arnold the Governator was able to get a little reform but with all the lawsuits flying it is no use, the system is broken. How can the employers pay the workers anymore, they are already paying more only the insurance companies are getting the money not the workers. This recent article is very telling indeed.
"62 Pizza Hut Restaurants Close Over Workers' Comp"
http://www.sandiego.com/sdbusiness.jsp
62 Restaurants? At an average of 20 employees each? Ouch, but as this makes the news how many small business people who employ similar numbers of people of between 5-15 people close each day due to issues which come from unnecessary lawsuits? Hmm? For instance in this case employment lawsuits drove up the costs of workmen's compensation insurance. Terry Greenberg of AIG, world's largest insurance company stated: "The Trial Lawyers are the Real Terrorists" which anyone who really studied the situation would have a hard time arguing that.
If you raise minimum wage on top of the workmen's compensation costs, well there just will not be any jobs anyway? And apparently no pizza either? Bummer I like the thick crust with the cheese inside. The problem in the story; "Who Stole the Cheese" from Pizza Hut is that the workmen's compensation rates have been driven up by lawyers and lawsuits and the costs of health care.
There are many business models, which will fail to be profitable at a certain point as costs go hyperbolic. QSRs Quick Service Restaurants in San Diego's high dollar and high cost of living area is simply one of them. Insurance costs for workmen's compensation could be as high as 100% with only a few incidents and those incidents may be fictitious claims, conjured up by chiropractors, perpetrators in cahoots with lawyers out to make fast money on the back of businesses. Think on this will you?
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.worldthinktank.net/wttbbs
Rolling Meadows Cadillac Escalade rental .. Lockport Chicago limo O’HareMost citizens agree that we need the Federal Trade Commission... Read More
President Bush and Secretary Powell should hang their heads in... Read More
Down The Bush and BlairBy now everyone, except us, is... Read More
The price at the gas pump is certainly on everyone's... Read More
Is the only way to fight Fundamentalist Extremists becoming one... Read More
Every conflict has its economic moments and dimensions. The current... Read More
I had the benefit of getting an interview with Mr.... Read More
America must implement a policy on Election Reform that is... Read More
J. Edgar Hoover and LBJ used to enjoy watching Hoover's... Read More
As we watch fewer Americans voting it is no wonder... Read More
The use of religion is well-documented as a social engineering... Read More
Three years ago I published a book of short stories... Read More
It looks overall like the liberals are advocating for no... Read More
The current political efforts aimed at improving the American public... Read More
Amnesty International comments on the proposal that has been laid... Read More
Since the court case was over turned against Arthur Anderson... Read More
There are many mines around the world, which are owned... Read More
Revitalization Downtown projects are all the rage in fact the... Read More
Washington DC council member David Catania actually suggested that the... Read More
The Second World War was the continuation of World War... Read More
Ohio's transportation sector seems to be strong, even with Ohio's... Read More
When you look at the news, immigrants are dying trying... Read More
Since the United States Government is promoting the whistle blower... Read More
Back-Dooring the CSIS:The US and Israel have admitted they back-doored... Read More
Societies have always had a problem of what to do... Read More
Des Moines rental limo ..The Flow of Trade is a major consideration of civilizations... Read More
Our government is set up like a modern day franchise.... Read More
Many Americans feel betrayed by their government, our government. I... Read More
Well here is a great new product, we first saw... Read More
We have seen an increase in Snowbirds from Northern States... Read More
Wealth Distribution is often discussed at length in periodicals such... Read More
You know we have sent many, many army tanks with... Read More
Reform Social Security has been talked of Capital Hill for... Read More
A. THE PHILOSOPHY OF COMPETITIONThe aims of competition (anti-trust) laws... Read More
We have heard a lot about the coming bird flu... Read More
Rufus King: (Said to be the fifth most important person... Read More
In an effort to assist our political leadership it would... Read More
Is it just me or are you concerned that illegal... Read More
Judgment and detective work requires thinking about possibilities. One of... Read More
Why are we over regulating the franchising industry? What are... Read More
For years we've suffered under recession, prompting us to ask,... Read More
Possible UAV materials are infinite: Foam, Composite, Balsa Wood, Plastic,... Read More
It is important as populations expand to work on the... Read More
We are seeing some trade wars brewing as American trade... Read More
America must implement a policy on Election Reform that is... Read More
One third of all fertilized eggs spontaneously abort and are... Read More
30 years ago, California, later followed by other states, decided... Read More
Iran has threatened to raise America's fuel prices again. They... Read More
Thought of the day; Questions about the judicial system. If... Read More
In what the Americans love to describe as the war... Read More
Political |