Posted on 11/11/2013 5:09:33 PM PST by grundle
'SeaTac has just volunteered to conduct an economic experiment on itself.'
Nov. 10--SEATAC voters' apparent acceptance of the $15 minimum wage has pumped up political excitement for a $15 wage in Seattle. So has the strong showing of Kshama Sawant, who made the $15 minimum a centerpiece in her campaign against Seattle City Councilmember Richard Conlin. But there is more to this than activist adrenaline.
Fifteen dollars is 61 percent higher than the 2014 minimum wage for Washington, $9.32, which itself is the highest minimum wage of any state. This page opposed the $15 wage because of the possible economic and social effects, particularly on new immigrants and first-time workers. The advocates pooh-poohed these fears and said the effects would be good.
Let's find out. SeaTac has just volunteered to conduct an economic experiment on itsel
Too bad Vancouver is so far away...
I’ll be curious to see how much fast food prices go up as a result of this.
Prison there with 800 inmates.
Wonder if they are covered also?
Late yesterday it was thought the vote was failing with only a half percent lead and rapidly closing.
Will the experiment be terminated prematurely if it goes disastrous? A year or two is a long time when things get hairy.
Well the inmates have never been covered for minimum wage before.
If it is close, the Dems ALWAYS steal it.
This “experiment” won’t actually tell us anything useful, because of the relatively unique nature of the Seatac economy: (1) The airport isn’t going anywhere, (2) businesses within the airport already have skewed/inflated prices because they have a captive audience/customer base, and (3) this is unlikely to diminish that customer base, for the simple reason that virtually no one chooses where to travel based on the prices of amenities at the destination airport.
It will come in handy for all the laid off IAM union goons from Boeing when they reject the company offer and realize that Boeing in now no longer building anything new in the SEATAC area. But the bitch will be that their Starbucks coffee’s will cost $10 a pop so they will end up having to sleep all day! It’s going to be fun to watch. When I look north to Oregroin and Washington, I realize that as screwed up as California is ( and it is), these two states are California on steroids! I really pity anyone who is old and gets sick in Oregroin, because they are dead ducks unless they move elsewhere.
Is this only for the airport? Or the entire Seattle-Tacoma area? This means that a full time McDonalds job will pay over $30k per year. It also means that a Happy Meal will cost $6-7. Will folks shy away from fast food when it passes $30 for a family of four?
It’s for the city of SeaTac, which includes Sea-Tac airport and . . . not much else.
Can you say bye-bye Boeing.....
The first thing they'll do is go running to the owner all upset and he says to them: “I'm sorry, but your government dramatically increased my costs of doing business and I'm passing them on to economic illiterates like you.”
I wonder if it would affect Starbucks — I presume they already pay their workers well above $15
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