God, I love being right especially after watching progressive narrative monkey’s puke their Union/Democrat party minimum-wage-talking-points all over my comments section. Being right is the best. And when it comes to Seattle, right comes easy.
This week’s Poster Child for Stupid Liberal ideas we told you would not work, is last weeks. Seattle.
Seattle’s minimum-wage law is boosting wages for a range of low-paid workers, but the law is causing those workers as a group to lose hours, and it’s also costing jobs, according to the latest study on the measure passed by the City Council in 2014.
To keep rising payrolls from eating their businesses alive employers are operating with fewer workers and working them fewer hours. The result is that low-wage workers are suffering from higher unemployment (check), and lower total earnings (check).
The team concluded that the second jump had a far greater impact, boosting pay in low-wage jobs by about 3 percent since 2014 but also resulting in a 9 percent reduction in hours worked in such jobs. That resulted in a 6 percent drop in what employers collectively pay — and what workers earn — for those low-wage jobs.
For an average low-wage worker in Seattle, that translates into a loss of about $125 per month per job.
“If you’re a low-skilled worker with one of those jobs, $125 a month is a sizable amount of money,” said Mark Long, a UW public-policy professor and one of the authors of the report. “It can be the difference between being able to pay your rent and not being able to pay your rent.”
The report also estimated that there are about 5,000 fewer low-wage jobs in the city than there would have been without the law.
So, there you have it.
Seattle isn’t even at $15.00/hour yet and already has 5000 fewer entry-level or unskilled jobs and thanks to the forced and unnatural increase in the cost of an hour of labor, those that have jobs are making more per hour but bringing less money home every month.
I’d have to go look, but I’m certain those weren’t selling points in the “Fight for 15” ‘brochure.’
Liberals are stupid. Their ideas are stupid. And that stupid will find you if you let it.
