Seattle $15 Minimum Wage Killing Jobs, Hurting Students

pjmedia.com ^ | 5/5/2015 | Walter Hudson

[rktman]

Students at the University of Washington in Tacoma are getting an object lesson in the value of a dollar. As economic dominoes fall in the wake of a municipal minimum wage hike to $15 per hour in Seattle, university students find themselves digging deeper into their pockets to cover higher prices resulting from the mandate

[rktman]

What the........................... But, but, but how could we have missed this one? I'm simply in shock.

[SMARTY]

Ha! Ha! Ha! Ha! Ha! Ha!

[p. henry]

Schadenfreude, sweet Schadenfreude.

[circlecity]

The Marxists don’t care. That want to kill the system, not improve it.

[Gaffer]

Let the ones that have a major in a discipline that is worth something borrow the money - they’ll be able to pay it back. The rest? Let them borrow the money and be in debt for the rest of their lives. Maybe they’ll learn Democrats don’t care about them. Only their votes.

[JRandomFreeper]

The real minimum wage is $0.00.

Libs don't get that.

/johnny

[Gamecock]

Were these same students protesting for a $15/hour wage? If so pardon my schadenfreude.

[CPOSharky]

Well that didn’t work. Let’s try raising the minimum wage 20 dollars. /S

[mojito]

Progressive means never having to worry about consequences.

[rktman]

Screw that. Let’s make everybodies wage $100,000/year and if they’re extra lazy, give ‘em and extra $50,000 bonus. Now that’s REAL equality. (Do you remember working for $1.25/hr?)

[Lumper20]

Those liberal arts degrees should be replaced by business degrees for Washington politicians. Anyone who has even taken Econ 201, which is a must for a Business degree and those with a major in Econ knows that if you raise the cost of any of the factors of production- prices will most likely be raised. All the taxes on businesses coupled with more regs and mandates and 15 an hour =’ s higher cost/prices.

[Jack Hammer]

Marxist Economics 101.

The state government fails the quiz.

[Not A Snowbird]

Of course it is. We all knew it, we all tried to say so, but our socialist city councilwoman has everybody running scared. She’s some sort of cult hero out here. She’s another one I “mute” whenever I see her face on TV.

[AEMILIUS PAULUS]

Good! I hope the economic suffering increases. Anything to wake people up to liberalism’s lies.

[St_Thomas_Aquinas]

Duh! Make it $20, then the students can afford the higher prices caused by the $15 minimum wage.

[wideawake]

Wait, raising the cost of labor by 107% destroys business margins?

Wow, math hurts.

[martinidon]

Unfortunately, the low information voters and the politicians don't see this as an economics issue. They see this as an evil “rich” business (Republican) not willing to “pay their fair share”.
You can say the same about Obamacare. The obamacare law is absolutely destroying our healthcare system and even with it really impacting a lot of these low information voters, liberals and dems they think the problem is with the rich evil republicans not willing to pay their fair share.

[GOPJ]

I still think they should make it a hundred dollars an hour and get this over with quicker... Why kill businesses this slowly?

[MrB]

Here’s the extent of “liberal economic understanding”:

“well, the money’s out there!”

[dware]

Good! Let em stew in their feces. I need to grab some popcorn. Ain’t nothing quite as entertaining as watching liberal idiots squirm.