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Who’d a-thunk it? Following $15 per hour minimum wage in SeaTac
AEIIdeas.org ^ | 6/5/2014 | Mark J. Werry

Posted on 06/05/2014 11:51:16 PM PDT by South40

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To: South40

I am glad to see this. IMHO, businesses should try to find ways to itemize the costs of taxation on every price tag and receipt.


21 posted on 06/06/2014 3:26:52 AM PDT by sphinx
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To: sphinx

If only our property tax statements did that.


22 posted on 06/06/2014 4:00:44 AM PDT by TurboZamboni (Those who make peaceful revolution impossible will make violent revolution inevitable.-JFK)
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To: Smokin' Joe

How is there more money in the economy?


23 posted on 06/06/2014 4:02:50 AM PDT by Doctor 2Brains
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To: South40
Last week I blogged about SeaTac employers who have responded to the new $15 minimum wage law by reducing or eliminating the benefits workers receive. Employees earning the new wage say they have lost benefits such as 401k, paid holidays, paid vacation, free food, free parking and overtime hours. As one SeaTac worker put it, “It sounds good, but it’s not good.”

The pencil neck liberals and leftists who imposed the wage failed to help businesses prosper by reducing the tax and regulation burdens. Instead they stupidly assume that the businesses can simply pay more out of their obscene profits.

The politicians who impose increased wages should be required to pass Economics 101, instead of helping the poor get poorer. But, of course, the leftists are excused because they have "good intentions."

24 posted on 06/06/2014 4:12:08 AM PDT by olezip (Time obliterates the fictions of opinion and confirms the decisions of nature. ~ Cicero)
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To: fortheDeclaration

Go West Young man. How did that work out?


25 posted on 06/06/2014 4:23:57 AM PDT by billhilly (Its OK, the left hated Bush.)
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To: pallis

“The people making their $15 and hour have to pay those extra charges too. That’s the way government tampering with the economy always works. Inflation gets em’ on the backside.”

These minimum wage hike movements are just de facto acknowledgment that the inflation is already here; the numbers are simply fudged by the government to suppress payouts on entitlements with inflation adjustments. Our overlords will increase the minimum wage to get people to work instead of opting for the dole (that is why these movements are in the areas with the best welfare standards of living), but they are quite content to let our retirees suffer (even offering them the legal option to kill themselves - ala “Soylent Green”).

Scary...


26 posted on 06/06/2014 4:25:50 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Smokin' Joe

I have a small sign hanging on my wall in my office...it says:

“I’m an 82 survivor”

It refers to the financial oilfield disaster that happened in 1982 here in Texas and the gulf coast.


27 posted on 06/06/2014 5:55:59 AM PDT by DH (Once the tainted finger of government touches anything the rot begins)
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To: South40
I can understand a state mandated minimum wage if the goal was to prevent the country from becoming a Third world cesspit where people make 10 cents a day. I can also understand raising the minimum wage to keep up with inflation and the cost of living.

The better solution would be to send people who are willing to work for 10 cents a day out of the country instead of good paying jobs and to stop printing money like it was going out of style.

28 posted on 06/06/2014 6:05:15 AM PDT by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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To: Count of Monte Fisto
I can understand a state mandated minimum wage if the goal was to prevent the country from becoming a Third world cesspit where people make 10 cents a day. I can also understand raising the minimum wage to keep up with inflation and the cost of living.

The better solution would be to send people who are willing to work for 10 cents a day out of the country instead of good paying jobs and to stop printing money like it was going out of style.


Thank you. I also have a different take on the minimum wage controversy.

$15.00 is about what the minimum wage would be IF government intervention had not flooded the country with cheap desperate labor in the form of illegals, guest workers, and legal immigrants AND the CPI still represented the cost of a set standard of living.

Raise The Minimum Wage To $14 An Hour Using This One Weird Trick—An Immigration Moratorium!
link

Minimum Wage and Welfare: the Tradeoff
link
29 posted on 06/06/2014 7:02:35 AM PDT by khelus
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To: Alberta's Child
Re:Employees earning the new wage say they have lost benefits such as 401k, paid holidays, paid vacation, free food, free parking and overtime hours.

That's probably one of the REAL reasons why governments adopted these high minimum wages in the first place. They've incentivized businesses to eliminate benefits like the ones listed here -- most of which are either non-taxable or are taxed in ways that can't be effectively enforced -- in lieu with a higher base wage that is subject to all of the usual income and payroll taxes.


An additional bonus is a whole new group of people taxed into a favorable view of dependence upon big government for some of life's necessities, e.g. food and medical care.
30 posted on 06/06/2014 7:06:56 AM PDT by khelus
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To: catfish1957

This is a vote against poor people. Seattle wants to drive them out of town.

You should see it. You can’t touch living there unless you make $150K/year. Between the incubators, the Gates Foundation, Google, MSFT, the Cancer boondoggle there is so much money downtown that every vacant lot has a building going up on it.

It’s as dense now as SF. There’s no open lots at all.

It’s weird. It reminds me of DC in terms of the opulence and all the fake commerce going on. Seattle doesn’t seem to be producing anything. Novo Nordisk is there, producing insulin, and nothing else. Fremont has Adobe (and Google, and a secret agreement not to poach).

Lots of startups and incubators. The schools are among the worst in the state, but nobody with kids is living downtown. Breeders live in the burbs, or at least Greenlake, but better off in Edmonds, Lynnwood, or Everett. The deputy chief of Seattle’s kid goes to school in Everett (Dad must commute, or Mom’s living in Everett).

Seattle is a pretty soulless place. Reminds you of the Capitol in Hunger Games.


31 posted on 06/06/2014 7:18:17 AM PDT by RinaseaofDs (.)
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To: Doctor 2Brains
In Williston, ND? With the oil boom (Bakken/Three Forks) there is money coming in from outside, brought in by the extraction of oil.

First, you have lease fees of up to $4500.00 per acre for mineral rights, and for some who farmed several sections (each a square mile--640 acres), that added up fast.

Add in up to 20% royalty interest for produced oil and gas as well, and the checks were fairly significant.

Then consider the rig count went up to 218, each of which directly employing over 30 people in full time jobs paying from $60,000/yr to $300,000/year. For every job on the rig, consider there are nearly as many in support occupations from truck drivers to equipment operators, sales, specialized oilfield services, cementers (for casing), frac crews, production personnel, supervisory positions, supply companies, and state inspectors, to name a few.

Taxable sales for the county (Williams) exceeded those in Fargo (the most populous city in the state) and environs, the highest of any county in the state.

With unemployment below 3%, in most quarters around 1%, there is more money in the local economy than most areas.

32 posted on 06/06/2014 7:49:56 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Smokin' Joe

Oh, my bad. I thought you meant that the minimum wage law had increased the cash.


33 posted on 06/06/2014 9:49:37 AM PDT by Doctor 2Brains
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To: Doctor 2Brains

No, there is no special minimum wage law, it’s all supply and demand. (More jobs than workers.)


34 posted on 06/06/2014 9:58:46 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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