Sunday, June 17, 2018
There is a threatened strike in New York City over restaurant workers compensation: are they paid with tips or are they paid by the hour?
Oddly, in that worker's paradise, the hourly rate ($15) is a paltry sum in comparison to what waiters and bartenders make from their customers directly. What we have here is capitalism versus socialism on a minor scale.
Even though restaurant workers are being offered the ludicrous minimum wage that is being paid to people on the left coast, they are seeing it, correctly, as the soul-killing throttle upon free enterprise that it is. The waiters union is all for it because it indicates more money to their coffers, while it restricts the income of their constituency.
Harking back many years to the Bombay Bicycle Club in Memphis during the 1970s and 80s with my bartender friends there, I was floored to learn that those bartenders earned over $100,000 per year. I'm still rather floored at that sum. They worked their collective asses off, but the compensation seems to have been a little more than adequate. I made barely over $30,000 at the time.
The Bombay Bicycle Club was probably a rarity of its time, but I'll bet that there are many restaurants and bars where those earnings are possible today. It's another example where unions have made themselves obsolete.