Don’t Blame Staples
Kevin Williamson, National Review Online:
San Francisco is raising its minimum wage from $11.05/hour to $15/hour, and the owners of Borderlands, who already were barely able to make the shop a going concern, announced that they would have to close. The minimum-wage hike meant that the store was going to go from making a princely $3,000 a year to losing $25,000 a year. Of course, you’ll still be able to get your sci-fi and fantasy novels – from Amazon, or from another similar operation without the labor costs involved with running a conventional bookstore. Which is great if you’re Jeff Bezos, but kind of stinks if you’re the sort of sad character (ahem) who likes to lurk around in bookstores. I’m perfectly happy to see every Staples clerk replaced by something sold to Staples CEO Ronald Sargent by Jawas offering a deep corporate discount. But, damn it all, I like bookstores. (And if San Francisco continues raising its minimum wage, the robots are ready.)
In San Francisco, the people who were bemoaning the impending closure of Borderlands admitted sheepishly that they’d voted for the minimum-wage hike. “It’s not something that I thought would affect certain specific small businesses,” one customer said. “I feel sad.”
Yeah, Adam Smith feels sad, too, you dope.