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Lessons from Seattle’s courageous minimum-wage experiment
Seattle Times ^ | 6/28/17 | Mark C. Long and Robert D. Plotnick

Posted on 07/01/2017 10:25:57 AM PDT by Renkluaf

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To: Renkluaf
RATS aren't smart enough to understand the business model of a lemonade stand...
61 posted on 07/01/2017 1:18:50 PM PDT by Chode (My job is not to represent the world. My job is to represent the United States of America-#45 DJT)
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To: Renkluaf

Part of socialism is giving away things that don’t belong to you. These socialist jerks wanted to feel good and score points with each other so they gave away the jobs of poor people. Now those poor people are living off the tax payer and these socialists jerks are supporting them, making themselves feel good and oh so useful by taking taxpayer money every day. The cycle continues until it gets to Venezuela territory.


62 posted on 07/01/2017 2:13:28 PM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Renkluaf

Part of socialism is giving away things that don’t belong to you. These socialist jerks wanted to feel good and score points with each other so they gave away the jobs of poor people. Now those poor people are living off the tax payer and these socialists jerks are supporting them, making themselves feel good and oh so useful by taking taxpayer money every day. The cycle continues until it gets to Venezuela territory.


63 posted on 07/01/2017 2:13:29 PM PDT by jmaroneps37 (Conservatism is truth. Liberalism is lies.)
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To: Renkluaf

Common sense: If you force the employer to raise pay rates, the employer, not wishing to reduce profits, will seek relief.

This can be done by increasing efficiency which will reduce the need for employees.

Robots.


64 posted on 07/01/2017 3:15:49 PM PDT by upchuck (RIP, Democrat Party, 1776-2017, Protested itself to death. h/t DarkOne)
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To: Mr. Mojo

Sorry, dead on, on your part.


65 posted on 07/01/2017 3:24:32 PM PDT by BobL (In Honor of the NeverTrumpers, I declare myself as FR's first 'Imitation NeverTrumper')
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To: Robert A. Cook, PE

When people are paid more than they’re worth, robots get the jobs.


66 posted on 07/02/2017 1:12:42 AM PDT by AZLiberty (A is now A once again.)
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To: Renkluaf

I have $50 to spend on hourly wages.

At $9/hour I can hire 5 full-time and one part time person.

At $15/hour, I can hire 3 full time and one part time person, the part-timer’s hours being further reduced.

Just because minimum wage goes up doesn’t mean I can keep the same staff. I have only so much to spend.


67 posted on 07/02/2017 7:40:14 AM PDT by Don W (When blacks riot, neighbourhoods and cities burn. When whites riot, nations and continents burn.)
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