President Obama's executive order requiring higher minimum wage for employees of federal contractors is already having an impact.
People are losing their jobs as companies begin retreating from doing business on federal installations.
Byron York at Examiner.com notes:
In late March, the publication Military Times reported that three McDonald's fast-food restaurants, plus one other lesser-known food outlet, will soon close at Navy bases, while other national-name chains have "asked to be released from their Army and Air Force Exchange Service contracts to operate fast-food restaurants at two other installations."
Military Times quoted sources saying the closures are related to the coming mandatory wage increases, with one source saying they are "the tip of the iceberg."More unemployed people. Fewer meal time choices. Seems to fit right in with what Mr. Obama promised in 2008 when he spoke of fundamentally changing the United States of America.