Restaurant CEO Predicts Robots Will Replace Overpriced Labor

The melancholy truth that America’s leftists, and the young people they exploit for political support, stubbornly refuse to learn is that the true minimum wage is zero. When the cost of labor is increased beyond its true value by government fiat, employers learn to make do with fewer workers.

Panera

Jackson Hole: Fed Dithers But Left & Right Agree on Improving Economy

Jackson Hole — This town in Wyoming just hosted three economic events: The Federal Reserve Bank of Kansas City’s annual Jackson Hole retreat and two others to respond to the Fed’s mismanagement the economy: the Fed Up group, demonstrating against increasing interest rates, and the American Principles Project (APP).

Federal Reserve Vice Chair Stanley Fischer speaks during a CNN Debate on the Global Economy in Washington, DC, October 9, 2014, ahead of the International Monetary Fund (IMF)/World Bank meetings. AFP PHOTO / Jim WATSON (Photo credit should read

Hypocrites: L.A. Labor Wants Exemption from $15 Min. Wage

Labor leaders, who insisted for most of the last year that no exemptions should be allowed when instituting a minimum wage hike for the City of Los Angeles, have changed their tune now that the Los Angeles City Council approved the hike to $15 last week, asserting that companies whose employees are unionized should be exempted from the forced wage hike.

Eric Garcetti Raise the Wage (Eric Garcetti / Flickr / CC / Cropped)

Some Democrats Willing to Fight Public Sector Unions

The latest battle in the intra-party struggle between moderate and more leftist California Democrats comes from the East Bay, where a state Senate seat pits Orinda Democrat Steve Glazer, who has championed banning transit strikes and higher standards for teacher tenure, against union-backed Assemblywoman Susan Bonilla, D-Concord.

AP Photo/Rich Pedroncelli

Teamsters on a Roll, Organizing More Drivers in Silicon Valley

As Breitbart reported last week in “Teamsters Win Big in Silicon Valley, Target Tech Companies”, after the Teamsters Local 853 organized Facebook contract shuttle bus drivers a week ago, over the weekend they won elections organizing drivers for Yahoo, Apple, Genentech, eBay and Zynga.

AP Photo