Minimum Wage The Ruinous Compassion.

[+paradox]

and please tell me the businesses that shut down already solely because of the minimum wage...

and all of your "sources" are right-wing opinionated websites that prove nothing...

 

[WHO IS SERAFIN]

you're trying to compare apples to oranges here...

No I am comparing how successful capitalism works compared to how it does not the more government interferes. It is apples and apples..

in switzerland, there's a way higher cost of living, so of course they can pay their employees more...

And yet they have a higher standard of living and some of the best unemployment on the planet.

and if they didn't then the economy will crumble, like here in the united states...

And if they didn't it would be because the market demands it with common sense instead of a government who decides because some ridiculous notion of fairness.

where unemployment is high, cost of living and inflation is high, and the minimum wage is low...

And yet again the people are doing better then Europe and us ALL because of no minimum wage.

and that's not the cause of liberalism, sorry to ruin your fantasy world you're living in...

It is 100% because of liberalism and there horrible policies and no understanding on what keeps a economy rolling and people employed. 100% LIBERALISM DESTRUCTION of economies here and around the world. It is why third world nations stay third world nations. And why other countries are becoming third world.

and because you point out that switzerland is doing good without the minimum wage doesn't prove anything and it surely doesn't prove that having no minimum wage in america will be better for the economy and as a society as a whole... you're just trying to brainwash people into thinking that it will when you don't even know how it will turn out...

It proves everything.

http://www.numbeo.com/cost-of-livin...p?country1=Switzerland&country2=United+States

 

[+paradox]

the thing you do liberty is that you google search whatever you're debating, or get information from a biased right-wing hate site and try to pass their nonsense and opinions as truth when in fact they barely even have facts... it's pretty funny though...

 

[WHO IS SERAFIN]

and please tell me the businesses that shut down already solely because of the minimum wage...

They shut down already because they see what is coming and why go in the red any further. Plus Seattle already had horrible taxes and minimum wage putting a strain on businesses.

and all of your "sources" are right-wing opinionated websites that prove nothing...

I know it means they are correct.

 

[WHO IS SERAFIN]

the thing you do liberty is that you google search whatever you're debating, or get information from a biased right-wing hate site and try to pass their nonsense and opinions as truth when in fact they barely even have facts... it's pretty funny though...

The thing I do is show I am correct.

 

[+paradox]

The thing I do is show I am correct.

i'm sorry, the only thing i'm getting out of you are biased opinions...

 

[+paradox]

and who told you this and which businesses? please do tell...

 

[WHO IS SERAFIN]

Seattle Confused Why $15 Minimum Wage Leads to Restaurants Closing

Seattle is the first city in the United States to try and help the lowest wage earners by artificially increasing their wage to 15 dollars an hour, lurching the already highest minimum wage in the country forward. The minimum wages first bump is set for April 1st, but some businesses are already closing shop.

Seattle residents love their trendy, down to earth, and unique restaurant choices and many are heartbroken as their favorites are beginning to close shop. Some of the more popular eateries that have closed in the last 2 months are, Queen Anne’s Grub, Little Uncle, and Renée Erickson’s Boat Street Café(after being open for 17 years).

Proponents of the minimum wage law point out that a little over half of low wage workers get at least one public benefit and these jobs use to primarily be for younger workers gaining skills, but have since been filled by many people with children to support.

On the other hand, small business owners point out this isn’t the best way to do it. They argue it will kill businesses and actually hurt the low wage workers they are trying to help by pricing them out of the market or losing a job altogether.

In a phone interview with Anthony Anton, the president of the Washington Restaurant Association, he mentioned the following points about the new minimum wage law:

• The math just doesn't work
• Restaurants are scrambling to find a way to do business with this new model
• Since the 2001 minimum wage law profit margins in Washington State have already been razor slim
• Customers will see menu prices rise

Anton also points out that the profit margin for many restaurants is 4%, so these wage increases will go beyond that (double it), especially for the smaller and newer businesses.

It will result in either hiring less workers, buying inferior food, raising prices, or simply closing shop.

San Francisco has seen some early signs of trouble with their minimum wage andOakland’s restaurants are also in the same boat as Seattle, uncertain. The country will be watching Seattle closely this year to see if the minimum wage helps the workers it seeks to.
http://www.mrctv.org/blog/seattle-confused-why-15-minimum-wage-leads-restaurants-closing

 

[+paradox]

okay. so you named 3 restaurants that closed...

one, queen anne viewgrub closed is not clear, but a new food place will be in it's replacement... how did the minimum wage close this place again?

two, little uncle, "will be closing soon." has not closed yet...

three, boat street cafe, "But Boat Street Kitchen will continue offering brunch, lunch, and more." so how did you magically blame the minimum wage for her choices when you don't really know the facts?

 

[mrldii]

Whenever there is a proposed increase to minimum wage, there are always stories of capitalists deciding/threatening to take their balls and simply go home...i.e., to knee-jerkingly react to the fact that they, personally, maybe won't have as much money at the end of the year to provide their share-holders.

However, the actual [non-emotional] facts-of-the-matter prove differently for the smooth-sailing of a capitalist society:

http://www.cepr.net/blogs/cepr-blog/2014-job-creation-in-states-that-raised-the-minimum-wage

"...Of the 13 states that increased their minimum wage in early 2014, all but one (New Jersey) are seeing employment gains. Furthermore, nine of the remaining 12 states are above the median for this period. The average change in employment for the 13 states that increased their minimum wage is +0.99% while the remaining states have an average employment change of +0.68%..."



There's just no arguing it...'cuz facts *is* facts...no matter how emotionally devastating they may be.

runk:

 

[+paradox]

Whenever there is a proposed increase to minimum wage, there are always stories of capitalists deciding/threatening to take their balls and simply go home...i.e., to knee-jerkingly react to the fact that they, personally, maybe won't have as much money at the end of the year to provide their share-holders.

However, the actual [non-emotional] facts-of-the-matter prove differently for the smooth-sailing of a capitalist society:

http://www.cepr.net/blogs/cepr-blog/2014-job-creation-in-states-that-raised-the-minimum-wage

"...Of the 13 states that increased their minimum wage in early 2014, all but one (New Jersey) are seeing employment gains. Furthermore, nine of the remaining 12 states are above the median for this period. The average change in employment for the 13 states that increased their minimum wage is +0.99% while the remaining states have an average employment change of +0.68%..."



There's just no arguing it...'cuz facts *is* facts...no matter how emotionally devastating they may be.

runk:

he just likes to pretend that his and his biased friend's opinions are truth when they present no facts, only assumptions and lies...

 

[WHO IS SERAFIN]

okay. so you named 3 restaurants that closed...

one, queen anne viewgrub closed is not clear, but a new food place will be in it's replacement... how did the minimum wage close this place again?

two, little uncle, "will be closing soon." has not closed yet...

three, boat street cafe, "But Boat Street Kitchen will continue offering brunch, lunch, and more." so how did you magically blame the minimum wage for her choices when you don't really know the facts?

How many do you want to see closed from destructive leftist policies?

 

[WHO IS SERAFIN]

Whenever there is a proposed increase to minimum wage, there are always stories of capitalists deciding/threatening to take their balls and simply go home...i.e., to knee-jerkingly react to the fact that they, personally, maybe won't have as much money at the end of the year to provide their share-holders.

You all hate big business so much you forget and could care less it destroys Americas biggest owners of businesses and that is the small business owners far more then large corporations They just lay off a bunch of people increase prices and now thanks to stupid leftist polices more people can't afford those products. And then the left moans and cries why big business is just getting bigger and more expensive to deal with and in bed with government creating cronyism. And it is the lefts policies that create this twisted ugly cycle to continue.

However, the actual [non-emotional] facts-of-the-matter prove differently for the smooth-sailing of a capitalist society:

No they don't in the least.

http://www.cepr.net/blogs/cepr-blog/2014-job-creation-in-states-that-raised-the-minimum-wage

"...Of the 13 states that increased their minimum wage in early 2014, all but one (New Jersey) are seeing employment gains. Furthermore, nine of the remaining 12 states are above the median for this period. The average change in employment for the 13 states that increased their minimum wage is +0.99% while the remaining states have an average employment change of +0.68%..."

Besides the fact that we have 93 million people unemployed which is much higher then the lie of 5. whatever percent. And a high number of them are unskilled workers from teenagers to adults that business owners don't want to hire for the wages they are forced to pay they can just hire more skilled workers for those minimum wages. Minimum wages is a long string of leftist policies enacted that have caused the avalanche of high unemployment. Without minimum wage we would actually have more people working and less people leeching off the government. Hell I would put a few on my staff instead of contracting out work.



There's just no arguing it...'cuz facts *is* facts...no matter how emotionally devastating they may be.


Except no facts have been provided.

How Minimum Wage Increased Unemployment and Reduced Job Creation in 2013

EXECUTIVE SUMMARY
Widespread discussion of increasing the minimum wage has recently sparked action. In 2013, laws to raise the minimum wage were approved in five states, the District of Columbia, SeaTac (an airport zone) in Washington, and Montgomery and Prince George’s counties in Maryland. To date in 2014, Connecticut and Delaware approved laws to raise the state minimum wage and over 30 states are considering minimum wage hikes.

While policymakers continue to debate the merits of increasing the federal minimum wage, it is important to understand the labor market implications of such a policy. Unfortunately, these very effects are controversial. To what extent will a rise in the minimum wage hurt overall hiring and employment? Would any effects be concentrated on low-skill workers and sectors?

The variety amongst state minimum wages provides a natural experiment from which to learn. Nineteen states enforced minimum wages above the federal minimum of $7.25 per hour and thirty-one had minimum wages equal to $7.25 in 2013.[1] This paper uses recent data to analyze the impact of raising the minimum wage on employment among the 50 states. As shown in the following charts, the analysis finds that in 2013, a $1 increase in the minimum wage was associated with a 1.48 percentage point increase in the unemployment rate, a 0.18 percentage point decrease in the net job growth rate, a 4.67 percentage point increase in the teenage unemployment rate, and a 4.01 percentage point decrease in the teenage net job growth rate. Consequently, high state minimum wages increased unemployment by 747,700 workers and reduced job growth by 83,300 jobs.

STATE MINIMUM WAGES AND LABOR MARKET TRENDS
Minimum wage advocates often point to the state of Washington, which has the highest minimum wage in the country, as well as strong job growth. Washington provides evidence to minimum wage advocates that raising the minimum wage does not result in layoffs or reduced hiring. However, this simplistic approach to evaluating the labor market implications of the minimum wage has two main problems. First, Washington is only one observation among several states that also have minimum wages above $7.25 per hour. An effective analysis must take all states into account. Second, the approach ignores factors that could affect the labor market characteristics of a state and the state’s decision to raise its minimum wage. In particular, the high net job growth in states like Washington could in part be causing lawmakers to raise their minimum wages because they can afford to do so.

How do states compare? Bureau of Labor Statistics (BLS) data reveal that during 2013, states with minimum wages above $7.25 per hour averaged higher unemployment rates and lower net job growth rates than states with minimum wages at $7.25 per hour.[2]

Table 1: Total Employment in 2013 (%)

State Type

Average Unemployment Rate

Average Net Job Growth Rate

(1) States with Minimum Wage at $7.25

6.4

0.8

(2) States with Minimum Wage above $7.25

7.4

0.5

Difference (2 - 1)

1.0

-0.3

Table 1 indicates that labor markets in states with high minimum wages did not perform as well as those in states with low minimum wages. In particular, the mean annual average unemployment rate in 2013 in states with minimum wages above $7.25 per hour was 7.4 percent, 1.0 percentage point above the 6.4 percent mean annual average among states with the federal minimum wage. In addition, the mean annual average net job growth rate in states with high minimum wages was also slightly lower in 2013.

Even though this evidence indicates that the minimum wage negatively affects job markets, the differences between states with minimum wages above $7.25 per hour and those with minimum wages equal to $7.25 per hour were fairly small in 2013. However, since very few people actually earn the minimum wage, evaluating its effect on total employment levels is bound to generally yield small numbers. A better way to capture the minimum wage’s impact on jobs is to examine the low-skilled populations that minimum wage hikes actually affect. This generally includes teenagers ages 16 to 19, who are inherently low skilled workers. In 2013, teenagers made up 24.2 percent of all workers earning the federal minimum wage. Table 2 zeroes in on this population.

Table 2: Teenage Employment in 2013 (%)

State Type

Average Unemployment Rate

Average Net Job Growth Rate

(1) States with Minimum Wage at $7.25

20.5

1.8

(2) States with Minimum Wage above $7.25

22.5

-0.5

Difference (2 - 1)

2.0

-2.3

The figures in Table 2 suggest that states with high minimum wages in 2013 averaged poorer labor market outcomes for 16 to 19 year olds than states with low minimum wages. As expected, the negative effect on employment was much larger among teenagers than it was for the total population. The mean annual average teenage unemployment rate in states with minimum wages above $7.25 per hour in 2013 was 22.5 percent, which was 2.0 percentage points above the 20.5 percent mean annual average unemployment rate in states with minimum wages at $7.25 per hour. Even more pronounced was the difference in net job growth rates among teenagers. In high minimum wage states, the net job growth rate for teenagers was actually negative in 2013, with a mean annual average rate of -0.5 percent. This was 2.3 percentage points lower than the mean annual average net job growth rate among states with the federal minimum wage. In those states teenage employment levels increased 1.8 percent from 2012 to 2013.

REGRESSION ANALYSIS
The above statistics demonstrate that in 2013, states with minimum wages above federal levels tended to have more poorly performing labor markets. However, the figures in Tables 1 and 2 do not provide precise estimates for how increasing the minimum wage impacts the labor market as other factors such as workforce skills likely affected the unemployment and net job growth rates in each state. This paper addresses these issues by running the following regression analyses.

Methodology
This analysis contains four regressions measuring the impact of increasing the minimum wage on state unemployment rates, net job growth rates, teenage unemployment rates, and teenage net job growth rates. Besides minimum wage, the other independent variables in each regression include a measure of education and an interaction term between education and minimum wage. As a result, each regression resembles Equation 1:

Yi represents one of the four dependent variables (unemployment rate, net job growth rate, teenage unemployment rate, teenage net job growth rate), MinWage represents state minimum wage level, Education is a measure of state educational levels, and(MinWage*Education) is the interaction term for minimum wage and education. The following sections describe each variable in detail.

Minimum Wage
This analysis uses 2013 minimum wage levels, which correspond with the annual average employment data provided by the BLS. While in the previous section the analysis essentially treated the minimum wage as a binary variable by comparing states with minimum wages above $7.25 per hour to those with minimum wages at $7.25 per hour, the minimum wage variable in Equation 1 is continuous and accounts for the minimum wage in each state. Consequently, the regression analyses will measure how changes in the state minimum wage impact the labor market.

Education
As previously mentioned, other factors besides the minimum wage could affect the labor market in a state. One important factor that contributes to state labor market performance is education. A state with a highly educated population likely has a very skilled workforce and faster growing industries, which result in low unemployment and an abundance of job creation. Likewise, a state with an uneducated population likely has a low skilled workforce, resulting in limited innovation, stagnant industries, and little job creation. Thus, it is important to hold workforce skill levels constant when measuring the impact of an increase in the minimum wage. The variable used to control for education levels is the 2008 to 2012 average percent of those 25 years or older with a high school diploma, provided by the Census Bureau.[3]

Minimum Wage and Education Interaction Term
The model also controls for the possibility that the relationship between minimum wage and labor market performance depends on the education level of a population. For instance, the impact of increasing the minimum wage on employment could be smaller when a large portion of the population finished high school. As a result, states like Washington – where 90 percent of its 25 years and older population finished high school – are more likely to be able to afford an increase in the minimum wage. To address this issue, the regression model introduces the interaction term, which is the product of the minimum wage and education variables.

Results

In each regression the coefficient on the minimum wage variable and the interaction term were jointly statistically significant, suggesting that high minimum wages negatively impacted labor markets in 2013. Moreover, the results reveal that increasing the minimum wage has larger negative effects on labor markets than Tables 1 and 2 suggest.

Table 3: Results Interpretation†

Variable

Unemployment Rate

Net Job Growth Rate

Teen Unemployment Rate

Teen Net Job Growth Rate

Minimum Wage

1.48**

-0.18*

4.67**

-4.01**

*Significant at the 5% level

** Significant at the 1% level

†Interpretation of results assume average percent of population 25+ with high school degrees (87.37%)

Table 3 reveals that in 2013, assuming average education levels, a one-dollar increase in the minimum wage was associated with a 1.48 percentage point increase in the overall unemployment rate. This relationship is statistically significant at the one percent level. In addition, a one-dollar increase in the minimum wage was associated with a 0.18 percentage point decrease in the net job growth rate (significant at the 5 percent level).

As expected, the negative impacts of increasing the minimum wage were far more pronounced when specifically evaluating teenagers (ages 16 to 19). The results suggest that when assuming average education level, in 2013, a one-dollar increase in the minimum wage was associated with a 4.67 percentage point increase in the teenage unemployment rate and a 4.01 percentage point decrease in the teenage net job growth rate (both significant at the 1 percent level). These results are consistent with substantial academic research, which consistently find that raising the minimum wage reduces teenage employment levels.

IMPLICATIONS
Increase in Unemployment by State

These findings suggest that in 2013, state minimum wage laws were detrimental to labor markets. Table 4 illustrates how having a minimum wage above $7.25 per hour raised unemployment rates and the number of unemployed persons.

Table 4: Increase in Unemployment

State

Minimum Wage

Total Population

Teenagers

Unemployment Rate Increase (Percentage Points)

Unemployment Level Increase (Thousands)

Unemployment Rate Increase (Percentage Points)

Unemployment Level Increase (Thousands)













Total

n.a.

n.a

747.7

n.a

84.8











Missouri

7.35

0.15

4.4

0.47

0.6

Michigan

7.40

0.22

10.5

0.70

1.4

Maine

7.50

0.37

2.6

1.17

0.4

New Mexico

7.50

0.37

3.4

1.17

0.4

Alaska

7.75

0.74

2.7

2.34

0.4

Rhode Island

7.75

0.74

4.1

2.34

0.6

Colorado

7.78

0.78

21.6

2.48

2.9

Florida

7.79

0.80

75.5

2.52

6.7

Arizona

7.80

0.81

24.6

2.57

2.8

Montana

7.80

0.81

4.1

2.57

0.5

Ohio

7.85

0.89

50.5

2.80

8.0

California

8.00

1.11

206.7

3.50

20.2

Massachusetts

8.00

1.11

38.9

3.50

4.9

Connecticut

8.25

1.48

27.3

4.67

3.2

Illinois

8.25

1.48

96.6

4.67

12.0

Nevada

8.25

1.48

20.5

4.67

2.3

Vermont

8.60

2.00

7.0

6.30

0.8

Oregon

8.95

2.52

47.8

7.94

5.8

Washington

9.19

2.87

98.9

9.06

11.0

The results imply that in 2013, the higher the minimum wage, the more substantial the increase in the unemployment rate. For instance, high minimum wages raised Oregon’s and Washington’s unemployment rates by 2.52 percentage points and 2.87 percentage points respectively. In total, 747,700 people were unemployed in 2013 because of high state minimum wages. The rise in unemployment ranges from 2,600 in Maine to 206,700 in California.

Teenage unemployment rates had a similar trend. Oregon’s minimum wage raised the teen unemployment rate by 7.94 percentage points and Washington’s elevated minimum wage raised it by 9.06 percentage points. Between all the states in Table 4, minimum wages above the federal level increased teenage unemployment by 84,800.

Table 5 shows how raising the minimum wage affected job creation in 2013.

Table 5: Loss in Job Growth

State

Minimum Wage

Total Population

Teenagers

Net Job Growth Rate Decrease (Percentage Points)

Loss in Job Growth (Thousands)

Net Job Growth Rate Decrease (Percentage Points)

Loss in Job Growth (Thousands)













Total

n.a.

n.a

-88.3

n.a

-53.8












Missouri

7.35

-0.02

-1.5

-0.40

-0.4

Michigan

7.40

-0.03

-2.6

-0.60

-1.0

Maine

7.50

-0.05

-0.3

-1.00

-0.2

New Mexico

7.50

-0.05

-0.3

-1.00

-0.3

Alaska

7.75

-0.09

-0.4

-2.01

-0.3

Rhode Island

7.75

-0.09

-0.4

-2.01

-0.4

Colorado

7.78

-0.10

-2.2

-2.13

-1.6

Florida

7.79

-0.10

-10.7

-2.17

-4.1

Arizona

7.80

-0.10

-2.2

-2.21

-1.9

Montana

7.80

-0.10

-0.5

-2.21

-0.4

Ohio

7.85

-0.11

-6.6

-2.41

-5.4

California

8.00

-0.14

-27.4

-3.01

-11.6

Massachusetts

8.00

-0.14

-2.9

-3.01

-3.0

Connecticut

8.25

-0.18

-2.5

-4.01

-2.2

Illinois

8.25

-0.18

-9.6

-4.01

-7.8

Nevada

8.25

-0.18

-2.1

-4.01

-1.5

Vermont

8.60

-0.24

-0.8

-5.41

-0.7

Oregon

8.95

-0.31

-5.2

-6.82

-3.7

Washington

9.19

-0.35

-10.1

-7.78

-7.1



The total net job growth rates were greatly hindered in states with minimum wages above $7.25 per hour. The reduction in net job growth rates associated with high minimum wages ranged from 0.02 percentage points in Missouri to 0.35 percentage points in Washington. While the percentage point reductions seem small, the losses in new jobs were substantial. The decrease in net job growth due to the minimum wage ranged from 300 jobs in Maine and New Mexico to 27,400 in California. The minimum wages in all the states in Table 5 reduced total employment growth by 88,300 jobs.

In 2013, high minimum wages reduced net job growth rates far more substantially among teenagers. The high minimum wages in Oregon and Washington decreased the state net job growth rates by 6.82 percentage points and 7.78 percentage points respectively. Together all of the state minimum wages above $7.25 per hour cost teenagers 53,800 jobs. Considering that the high minimum wage states reduced total net job growth by 88,300, this reveals that the majority of the loss in hiring was borne by teenagers.

CONCLUSION
The results indicate that when holding education constant and taking into account all 50 states, increasing the minimum wage actually has a devastating impact on job markets in the United States. Not only is there evidence that total unemployment rates increase and job creation decreases, but there is also substantial evidence that teenagers suffer the most. With the national teenage unemployment rate persistently above 20 percent, increasing the minimum wage is the last thing the future of this country needs.




[1] It should be noted that in 2013 a number of states required minimum wages below $7.25 per hour. Four states had laws mandating minimum wages below $7.25 per hour and five had no minimum wage law at all. However, federal minimum wage law made those state minimum wage laws (or lack of laws) irrelevant. In practice, employers in those states are still required to pay the federal minimum wage of $7.25 per hour. As a result, to fairly measure the impact of increasing the minimum wage, this paper assumes that in 2013 the minimum wage most employees in those states could earn was $7.25 per hour.

[2] All data come from the Bureau of Labor Statistics Annual Average tables. Mean annual unemployment rates are derived from the Preliminary 2013 Data on Employment Status by State and Demographic Group available athttp://bls.gov/lau/ptable14full2013.pdf. Mean net job growth rates are yielded by calculating the percentage change in employment levels from the 2012 Annual Averages tables to the 2013 Preliminary Annual Averages. The 2012 tables are available at http://bls.gov/lau/table14full12.pdf.

[3] Census Bureau, State & County QuickFacts, available at http://quickfacts.census.gov/qfd/index.html.

http://americanactionforum.org/rese...unemployment-and-reduced-job-creation-in-2013

runk:

 

[WHO IS SERAFIN]

he just likes to pretend that his and his biased friend's opinions are truth when they present no facts, only assumptions and lies...

I pretend nothing except the facts of being correct. We can see what the actual business owners are saying in Seattle.

You may think there are no intended consequences, but survey results tell a different story. The Seattle Times contracted with a survey research firm to contact businesses in a broad range of industries likely to be impacted by the law. These are not businesses you’d describe as extravagant. Not surprisingly, nearly 70 percent of respondents in Seattle said that the $15 minimum wage is causing a “big increase” in their labor costs, and over 60 percent planned to pass on what they could to customers through higher prices.

But, according to Michael Saltsman, research director at the Employment Policies Institute, “price increases are not a silver bullet. After all, were businesses able to raise their prices at will without reducing sales, the minimum wage would be an afterthought. Customers have a choice: If prices increase, they could dine out less often or see one fewer movie a month. That’s why businesses are forced to adapt to a compulsory wage hike in other ways.”

Service With A Smile?

In Seattle, 42 percent of surveyed employers were “very likely” to reduce the number of employees per shift or overall staffing levels as a direct consequence of the law. Similarly, 44 percent reported that they were “very likely” to scale back on employees’ hours to help offset the increased cost of the law. That’s particularly bad news for the Seattle metro area, where the unemployment rate for 16- to 19-year-olds is already more than 30 percent — due in part to Washington state’s already-high minimum wage.

Perhaps most concerning about the $15 proposal is that some businesses anticipated going beyond an increase in prices or a reduction in staffing levels. More than 43 percent of respondents said it was “very likely” they would limit future expansion in Seattle in response to the law. One in seven respondents is even “very likely” to close a current location in the city limits.

Yes, it it always sounds good to give people more free stuff, but once again, everything has a price. I asked a group of sixth graders what they would do. It only took them a few minutes to determine that their only choices were to; fire some employees, raise prices, or go out of business. They also concluded that people won’t come to your store if you charge too much. If sixth graders grasp this, what is wrong with our politicians?

Seattle is the first city in the country to pass a $15 minimum wage. Survey results suggested it will be the first city to find out why it was such a bad idea.

No matter how badly we would like it to be otherwise, there are always consequences,
and 2+2 will always equal 4.

http://viral.buzz/seattles-15-minimum-wage-crash-for-many-their-new-wage-is-zero/

 

[mrldii]

@ A TruLibby:

As I'd previously stated, stories *is* stories and "FACTS *IS* FACTS."

According to The Rules of the Internet, because my font is bigger, bolder, capitalized, and underlined,


I am *righter*...ergo, I win.

 

[WHO IS SERAFIN]

@ A TruLibby:

As I'd previously stated, stories *is* stories and "FACTS *IS* FACTS."

According to The Rules of the Internet, because my font is bigger, bolder, capitalized, and underlined,


I am *righter*...ergo, I win.

Again No facts provided.

If my fonts are bigger then yours it is not by my making.

I use red to distinguish your posts and mine. Would you like another color?

 

[mrldii]

Again No facts provided.

If my fonts are bigger then yours it is not by my making.

I use red to distinguish your posts and mine. Would you like another color?

The facts were provided earlier in the thread; there's no need for me to repeat the facts, simply because what was too emotionally devastating to digest was simply glossed over, the first time.


No need to change the font colors; a simple correct utilization of the "quote" feature works fine. Barring that, it will still be abundantly clear who's typing what...people have *there* own way of expressing themselves, so it's doubtful anyone actually paying attention would get confused as to who's saying what...and to whom.

 

[WHO IS SERAFIN]

The facts were provided earlier in the thread; there's no need for me to repeat the facts, simply because what was too emotionally devastating to digest was simply glossed over, the first time.

I didn't see any facts there but some twisted arrangement of ideas.

No need to change the font colors; a simple correct utilization of the "quote" feature works fine. Barring that, it will still be abundantly clear who's typing what...people have *there* own way of expressing themselves, so it's doubtful anyone actually paying attention would get confused as to who's saying what...and to whom.

I prefer this method but when I do not change the colors I get the complaint people cant tell my post from the others.

 

[+paradox]

How many do you want to see closed from destructive leftist policies?

well, for one, the information you gave me was totally incorrect for you and i proved it, now you can post more crap from opinionated bloggers and website webmasters, and you can agree with it but still wrong...

 

[WHO IS SERAFIN]

well, for one, the information you gave me was totally incorrect for you and i proved it, now you can post more crap from opinionated bloggers and website webmasters, and you can agree with it but still wrong...

But it wasn't.