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)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment