Really?
Raise it to $25!
Duh. Anyone with a basic understanding of economics could have predicted this. Oh wait, many FReepers did.
Too bad the people who implemented it could not possibly care less about the travails of the poor, beyond the degree to which they can grandstand while standing on a stage made from their bodies.
Reality meets Socialist Ideal. Which will win?
Really? Hello common sense.
Buncha RAT idiots running things.
This is similar to the Fed printing money. Artificially and temporarily stimulates but is devastating in the long run.
Unfortunately, the Poor are poor for a reason. Many don’t have a clue as to how to make money and keep money. They think businesses have to employ them and can issue money like the federal government can, the ATM concept of business.That’s why they are almost always disappointed by politicians who make big promises to the Poor with full knowledge that they will not keep them.
I understand, but don't accept, the argument that the federal government's constitutional authority to regulate interstate commerce may be construed to grant that authority in limited circumstances where crossing of state lines may be involved.
But if a local business wants to pay its local employees $4 an hour, how is imposing a standard minimum wage a valid exercise of federal authority?
You can’t legislate what the market won’t bare.
As Gomer Pyle would say, “Surprise, surprise, surprise!”
But you know that Gomer was never that surprised.
Hahahahahahahahahahahahahahahaha!!!
Common sense and history shows that raising the minimum wage results in increases in the cost of living. Such increases seldom result in net gains for the hourly workers.
It is just like when the Medicare Part D drug plan was passed by Congress. That month, a generic prescription I had increased by 50%. I had no drug coverage, so that prescription was totally out-of-pocket.
If I were thinking about putting in a business that uses unskilled labor in the Seattle area, I’d look at the best location OUTSIDE city limits. I’d also be wary of on-going incorporation efforts as well.
All of these SOCIALIST politicians have never learned what King Canute/Knut/Cnut tried to teach his minions; (paraphrase) “Being a king does not give absolute power. You cannot tell the tide to go backwards! Only God can do that”
Color me shocked!
Seattle’s union workers with contracts tying their wage to the minimum, on the other hand, are doing great - and stepping up those automatic contributions to the Defenders of the Welfare State.
“Some left-of-center economists did make the case against it last year. Brookings Institution economist Harry Holzer wrote an op-ed for Fortune in July 2015 endorsing an increase to $10 an hour but expressing “serious worries” about a $15 rate.”
If $10/hr is good why isn’t $15/hr better??????
I was checking out at my adorable local library the other day and noticed a job posting.
Bachelor’s degree required and Master’s degree preferred
$12.00 an hour 35 hours a week. I assume it goes up eventually, but still...
Instead of constantly pointing out how harmful minimum-wage increases are, just say that now is the time to eliminate the federal minimum-wage. If Seattle, CA or Mass. wants to commit economic suicide and raise their minimum-wages, who cares?
Pelosi: "OMG! We need to raise it higher, then!!!"