YES, Seattle’s $15 Minimum Wage Hike is Still Crashing and Burning – IOTW Report

YES, Seattle’s $15 Minimum Wage Hike is Still Crashing and Burning

DailySurge-

About a year ago Seattle passed its own minimum wage hike, which immediately began to reap havoc  on a number of local restaurant owners who were forced by city government to raise their minimum wage pay.

seattle

To quickly recap, April 1st saw Seattle’s minimum wage rise to $11 an hour. For some businesses, minimum wage will jump again to $15 an hour on January 1, 2017.

In January, Subway franchise owner Matt Holleck said the unfair wage increase will force “businesses to close. I don’t know if i’ll be one of them. And hopefully I won’t be. But it’s going to affect business.”

And things don’t appear to be getting any better over the past year.

Here’s a picture, from Fox News, of how Seattle’s new minimum wage is negatively affecting local businesses struggling to keep their doors open:

6 Comments on YES, Seattle’s $15 Minimum Wage Hike is Still Crashing and Burning

  1. Classic example of Competitive Free Market Capitalism verses communism’s Centralized Control. Centralized Control has been failing all over the world since 1917. In 98 years Seattle’s socialists still haven’t learned? Marx is getting a chuckle out of his useful idiots.

  2. So what’s going to happen to those workers who are already more skilled and getting 15 to 18 bucks an hour? Won’t they want a raise to compensate for their skills? I know I’d be pissed if a dishwasher is getting the same wage as me when I have specialized skills that gave me the higher wage in the first place.

  3. exactly. Factory workers will quit and go flip burgers. Factories will have to raise wages and hire new people. Office workers will quit and go work in factories because of the higher wages. Offices will have to raise wages and hire new workers.

    Everything will cost more eventually. EVERYTHING. Why? Because to pay workers more they will have to charge more.

    Eventually, the increased revenue due to the higher wages will be eaten up because ….

    everything costs more.

    Then what? People will be bitching that $15 an hour is poverty and demand $30 an hour for a LIVING WAGE.

Comments are closed.