- 0:00 More Restaurants are Closing Not Just in California
- 3:46 The Impact of Restaurant Closures on the Community
- 6:48 What Can the State Do to Revive Restaurants in California
- 9:56 How Some Good Intentions Night Cause Unintended Consequences
Mr. Gruel notes that minimum wage increases and other regulations intended to help workers have unintended consequences. While large franchise owners may be able to absorb higher costs, independent restaurants and small business owners are hit hardest. As they close, communities lose jobs and tax revenue. Vacant storefronts can also contribute to higher crime rates.
To address these challenges, Mr. Gruel suggests a balanced approach. Strengthening law enforcement could help curb crimes that impact local businesses. Regulatory reform could lower barriers for new entrepreneurs, boosting job creation. And tax incentives, not tax increases, may encourage businesses to invest in their workers and communities.
Mr. Gruel’s perspective highlights the intertwined economic and social impacts of policy decisions. As leaders seek to support workers, they must also consider small business owners who fuel local economies. With open dialogue and data-driven solutions, it may be possible to achieve both goals.