Posted on 03/17/2015 8:50:32 PM PDT by nickcarraway
Dumb *cks in govt screwing the ecosystem. Imagine that...
The Mandated $15 Min Wage at SEA-TAC was a “Success!” only because they have a largely captive employer base, that can’t leave and go elsewhere.
The companies serving the airport that could, moved to the surrounding area. Those that didn’t either passed on the cost to the consumer in the form of higher prices, or folded. (Ever priced a bottle of water at SEA?)
In Seattle proper, companies have the option of folding, or moving. They can’t really pass the costs on because the competition across the line doesn’t have to, and they aren’t very far away.
Economics 101
Wow, they really helped those working women didn’t they?
The idea that you’d pay a person who is being tipped a base wage of $15/hr. is ridiculous.
Wow - who would have guessed that Karl Marx’s ideas would hurt the middle class?
And remember, the $15 an hour actually costs the employer much more, due to federal, state and local taxes.
A guess would be that an employee hour probably costs close to $20 for the employer, before ANY benefits.
Look at any modern day problem we face these days and more often than not it is directly caused by government action.
My opinion: Take away all minimum wage laws and let the competitive market determine wages.
To me all minimum wage laws were nothing but a form of government unionizing in a subtle way.
““I lost my 401k, health insurance, paid holiday, and vacation,” she responded. “No more free food,” she added.
The hotel used to feed her. Now, she has to bring her own food. Also, no overtime, she said. She used to work extra hours and received overtime pay.”
No problem - I’m sure the Seattle city council is already busy drafting a new law to force businesses to provide these perks.
Thank you for posting this.
*wipes away tears of happiness*
You are welcome.
City Kommisars?
Who is John Galt?
Minor adjustment.
“No problem - “
Bill Gates to the rescue! He is just one of the DumbA$$ Leftist Billionaires in Seattle, of course. And maybe his DumbA$$ Leftist Berkshire Hathaway friend in Omaha will come to the rescue too! /Not
“None so blind as those that will not see.” Matthew Henry (1662-1714)
Fixed it.
If you like your $9 per hour job, you can’t keep your $9 per hour job.
The home of Microsoft and Amazon will find ways to replace restaurant servers with computer servers.
Agreed, but I’ll add a twist that concerns private sector unions.
In practice, I am the furthest one could get from being union. I have little regard for unions, and argue that public unions must be outlawed. That said, private sector unions are legitimate given no thuggery nor political collusion.
Such “legitimate” unions provide employees the means no negotiate wages as providers to the economic machine. So arguably, there’s no need for minimum wage laws, but I’m not convinced abusive opportunism wouldn’t occur in remote areas where the ability to negotiate is perceptibly unrealistic.
Ultimately, I’d elect to repeal min wage laws.
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