Posted on 06/26/2017 2:22:31 PM PDT by grundle
When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect.
The city is gradually increasing the hourly minimum to $15 over several years. Already, though, some employers have not been able to afford the increased minimums. They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found.
The costs to low-wage workers in Seattle outweighed the benefits by a ratio of three to one, according to the study, conducted by a group of economists at the University of Washington who were commissioned by the city. The study, published as a working paper Monday by the National Bureau of Economic Research, has not yet been peer reviewed.
On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum.
(Excerpt) Read more at washingtonpost.com ...
That is a defining characteristic of those who present as LIEberals — THEY DO NOT HAVE TO SUFFER THE CONSEQUENCES OF THEIR WORDS OR ACTIONS!
I am of the opinion that most all, if not every LIEberal, has NEVER had to take responsibility for their words or actions.
IOW, they have never been knocked on their ass for saying or doing the hateful/unlawful things they say and do.
Given the LIEberal escalation of the “intensity level” lately, that MAY be about to change!
A McEmployee or no talent barrista will make $15 per hour?
I can see animatrons at McDonalds but, how do they get them at Starbucks?
In the home of Microsoft and Amazon, it helps these local companies replace workers with their robots and automation.
“These libtards are stuck on stupid”
If they weren’t stuck on stupid, they would have become conservatives when they moved out of Mommy’s basement (at least those who ever move out).
My guess is that it is coming...
Saturday at Gettysburg is going to be real interesting....
I’m in the dark here - what is happening at Gettysburg on Saturday?
I certainly hope so!
You rotten liar. What makes you think you can get away with saying something like that? Have you gotten Maxine Water Brain all of a sudden? You just attacked me for absolutely no reason. Why would you do so, you evil, vile demon.
That wasn’t me....................
It’s just a conversation-starter.
For whom? Rob Reiner?...................
Did you find gainful employment yet, Laz?
Nope. I never will. Age discrimination. I will die alone, unloved, under an overpass bridge.
congratulations!
Start a fire so we know which one.
It is sort of an Atlanta thing.
No, I think it will be over an underpass bridge. But you're definitely correct about the "alone, unloved" part...
[ Age discrimination. ]
But that’s illegal in America!!!
Can’t be happening more than 10-20 million times a day.
Can I have the other side under the overpass or over the underpass?
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