Even in the best markets for job-seekers such policies are not without downsides. In every city in America small long-running mom & pop and ethnic restaurants a

Even in the best markets for job-seekers such policies are not without downsides. In every city in America small long-running mom & pop and ethnic restaurants and shops are closing down in favor of two types of places that can afford to swallow the regulation-imposed economic deadweight loss: 1) Luxury hipster establishments that charge $20 for entrees and $10 for beers; 2) Fast food/fast casual chains dependent on leveraged buyout money. In the end there's only enough room in town for a handful of Katz's Delis to survive (and become expensive echoes of what they once were in the process).