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This is how capitalism works

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  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    MSN, Bloomberg: Denver restaurants feel unexpected sting from pot tourism

    Denver, Colorado's population has been steadily growing and it ranked as one of the best places to live for a variety of reasons -- proximity to the great outdoors, tech boom, and now for some...pot. Millennials, in particular are attracted to its downtown area that has been transformed into a trendy place to live and work with shops, restaurants, bars, night clubs, movie theaters, sports facilities close by and businesses including marijuana dispensaries all thriving with customers.

    However, the boom in the pot industry has not all been positive for some businesses. Restaurant owners are finding that it also has its negatives.

    As one restaurant owner put it to Bloomberg: “Our work force is being drained by the pot industry. There’s a very small work pool as it is. Enter the weed business, which pays $22 an hour with full benefits. You can come work in a kitchen for us for eight hours a day, in a hot kitchen. It’s a stressful life. Or you can go sort weed in a climate-controlled greenhouse. It’s a pretty obvious choice.”

    Over time those restaurant workers will be back filled from workers migrating from other cities seeking work. The price of pot is also declining with more competition so those opportunities will also stabilize. But for now, working in the pot industry has sucked workers away from the restaurant industry. On the other hand, restaurant owners are being forced to pay their workers more to keep them, which drives up their prices.

    That's just one example. The same logic could be applied to coal. As coal fired plants have converted to natural gas, traditional underground coal jobs have gone away. Many of the younger workers have migrated to other cities across the nation to work in wind and solar...or perhaps the pot industry in Denver.

    Maybe some will also seek work on Trump's wall, but as firms are vying for contracts, the bidding is also open to Mexican firms to bid on building the wall (yes, that's a legal necessity). Don't expect many of those jobs in that part of the Texas border to be high paying unless you are highly skilled in the use of machinery.

    And for the Trump voter who was promised jobs that Trump could never deliver, well maybe they'll come back to the Democratic Party as well. It takes time. Trump has been spending his capital and has little to show for it. That's the way capitalism works...both in capital, labor and politics.

    Just sayin...

  • Center Left
    Independent
    Central, FL
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    22.00 per hour with full benefits.... What happened to our country ? Thank God they're making a good wage legally. I read yesterday that many more states are entertaining the idea of legalization.
  • Strongly Liberal Democrat
    Democrat
    Portland, OR
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    It's amazing (and so depressing) how marijuana can give someone a $22/hour job in one city while at the same time be the reason they are thrown in prison for 25 years in another.


    Something that Donald and Attorney General Sessions are going to figure out soon is that the forces of capitalism work both ways.

    If they really want to crack down on legal marijuana then they will, without a doubt, put tens of thousands of people in the states that have legalized marijuana on unemployment. That will impact local, state, and eventually the federal governments bottom line.

  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    A very good example of how making something to sell leads to prosperity. Capitalism is the only way for a society to function. Make it regulated for fairness and peace and prosperity will proliferate throughout the world.
  • Independent
    Ft.myers, FL
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    Chet Ruminski Wrote: A very good example of how making something to sell leads to prosperity. Capitalism is the only way for a society to function. Make it regulated for fairness and peace and prosperity will proliferate throughout the world.
    Sorry, "capitalism" is an curse; it creates "greed" and "corruption" and "hoarding of "money", not "fairness" or "prosperity". Just look at the Trump/Kusner excessive wealth, which is no benefit to this country at all, let alone the simple worker. Wake up and smell the coal dust and pollution; created by "wealth"
  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    Dutch, People let it be aa curse by letting other people abuse it. Nothing wrong with paying people to make something to sell. We have laws that people have been educated to believe that are to benefit certain people.
  • Independent
    Ft.myers, FL
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    Chet Ruminski Wrote: Dutch, People let it be aa curse by letting other people abuse it. Nothing wrong with paying people to make something to sell. We have laws that people have been educated to believe that are to benefit certain people.
    Chet, Sure we have "laws" which don't apply to the "rich". Did you see Trump's tax returns lately? Guess who are the "other people" who abuse their "wealth"? Answer: they sit now in our government; guess who benefits? Not you or me.
  • Center Left
    Independent
    Central, FL
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    jaredsxtn Wrote:

    It's amazing (and so depressing) how marijuana can give someone a $22/hour job in one city while at the same time be the reason they are thrown in prison for 25 years in another.


    Something that Donald and Attorney General Sessions are going to figure out soon is that the forces of capitalism work both ways.

    If they really want to crack down on legal marijuana then they will, without a doubt, put tens of thousands of people in the states that have legalized marijuana on unemployment. That will impact local, state, and eventually the federal governments bottom line.

    For profit prisons are a problem. Young people of color in jail to help employ under educated people in the south.
  • Strongly Liberal Democrat
    Democrat
    Pensacola, FL
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    Dutch Wrote:
    Chet Ruminski Wrote: Dutch, People let it be aa curse by letting other people abuse it. Nothing wrong with paying people to make something to sell. We have laws that people have been educated to believe that are to benefit certain people.
    Chet, Sure we have "laws" which don't apply to the "rich". Did you see Trump's tax returns lately? Guess who are the "other people" who abuse their "wealth"? Answer: they sit now in our government; guess who benefits? Not you or me.

    I lay it right on the Democratic Party. The good economies after WWII produced a surplus bonus of wealth. The Democratic Party spent it on everything except the working class. The Republican Party used it up to convince the people that right is might and the only way to be. If the Democratic Party had focused on the working class all the problems would have been solved. A prosperous working class has no problem addressing and spending on problems.