Inflation

Warning: Don’t stand near OMNY device with your iPhone!

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My wife had her credit card charged by OMNY. She uses a regular 30-day unlimited MetroCard. After some research, we discovered that her Express Transit function in Settings was “ON”. We turned it off. Even those who have an account, OMNY has disabled Trips and Charges features for nearly a year, so user is clueless.

CA store closing due to the $20 minimum wage

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Government is the biggest causer of inflation. California’s minimum wage law leads to price increase. Panera’s Bread however is exempt. New York State is not far behind at $16 per hour. However, New York City Council wants to remove New York’s Tip Credit system, forcing owners to pay workers more.

MTA held hearing on proposed $15 toll rate after the 110 toll sites are near completion

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February 29th was the first hearing. “$15 ransom” “Congestion Pricing is a Crime” The remaining three are March 1 at 10 am and March 3 at 10 am and 6 pm. Central Business District Tolling Program or Congestion Pricing is suppose to bring in $1 billion a year and to bring cleaner air, less traffic, … Read more

$15K broker fee for a rent-stabilized apartment is a consequence of Albany’s rent protection laws

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There are nearly 657,993 rent stabilized dwelling units in the City of New York (page 149). When Housing Stability & Tenant Protection Act of 2019 was passed (page 108), the law ended high-income/high-rent and high-rent vacancy deregulation. A total of 6,662 units were deregulated this way since 1994 (page 181); and 170,386 due to high-rent … Read more

Why McDonald’s is charging $18 for a Big Mac meal — and why there’s no relief in sight

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Amid the uproar, McDonald’s franchisees say they are being financially squeezed by the rising cost of insurance, equipment and labor. Government is the biggest inflation factor! The rules and laws government sets affect insurance rates as well as the $16 minimum wage law in the State of New York! Only Washington State is higher at … Read more