"The politicians don't understand it...when you raise minimum wage to $30. At that point, that $12 hamburger becomes $22. And it WON'T work in the fast casual business when the average ticket is $15-$24 per person"
News on the Net -- Eric Daugherty, Bio and Archives--November 15, 2025
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In a brutal development, NYC restaurant mogul CANCELS ALL future restaurant expansion due to Zohran Mamdani's socialism, "defund the police" and $30 minimum wage.
Even worse for Zohran: He has plans ready to go in MIAMI, FLORIDA.
STRATIS MORFOGEN: "We had 3 leases ready...to expand Diner 24...but when I hearing 'defund the police' and uncertainty in the small business, with what this upcoming mayor is campaigning on."
"Let's see if he passes any of these things he campaigned on. Because we're NOT gonna open any businesses in that climate!"
"The politicians don't understand it...when you raise minimum wage to $30. At that point, that $12 hamburger becomes $22. And it WON'T work in the fast casual business when the average ticket is $15-$24 per person. That's basically the nail in the coffin. You're out of business!"
Yikes. NYC may have cooked itself.
???? BREAKING: In a brutal development, NYC restaurant mogul CANCELS ALL future restaurant expansion due to Zohran Mamdani's socialism, "defund the police" and $30 minimum wage.
— Eric Daugherty (@EricLDaugh)November 14, 2025
Even worse for Zohran: He has plans ready to go in MIAMI, FLORIDA.
STRATIS MORFOGEN: "We had 3 leases… pic.twitter.com/UEvHQ4rIUl
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