Thursday, July 30, 2015

Seattle Feels the Pinch

Seattle, Washington, which is the first American city to show its stupidity by passing a law mandating a $15.00 an hour minimum wage, is already “feeling the pinch” from it. Yes, Seattle workers are getting higher wages for work that isn't WORTH half what they're getting paid. And they're asking their employers to let them work fewer hours because this doubling of the minimum wage has put them in a higher tax bracket, and has made them ineligible for the “financial help” many of them get from the local and federal governments. So they want to work half as long for the same amount of money they USED to make. Minimum, wage laws have always backfired on workers, but the fools who make such laws never notice. And it has been no different in Seattle. Meanwhile, many businesses are either shutting down, or laying people off because they can't afford to keep them at DOUBLE wages. So those jobs are GONE. Some restaurants (the ones that have not just shut down) have placed a 15% surcharge on their prices. And if Seattle residents aren't willing to pay, they'll shut down, too. But politicians maintain their “flights of fancy” that a higher minimum wage is a good thing, and ridicule the more INTELLIGENT people who say otherwise. (Town Hall)

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