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Old 06-26-2017, 03:37 PM   #1
AndyC
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Minimum Wage-Seattle results

Who could have possibly predicted this outcome? Employers cutting back on hours and hiring.

http://www.seattletimes.com/business...-costing-jobs/
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Old 06-26-2017, 04:03 PM   #2
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Who could have possibly predicted this outcome?
Anyone with a minimal knowledge of economics? Anyone who has ever run a small business? Anyone who has ever had the responsibility of hiring employees?
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Old 06-26-2017, 06:17 PM   #3
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It is too early to tell anything - the wage now is only $13/hr.
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Old 06-26-2017, 06:40 PM   #4
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Problem is that when this experiment ends poorly, it's not like employers can easily cut pay by $5/hr and not create civil unrest. Snowflakes and all that.

Last edited by tucker6; 06-26-2017 at 06:41 PM.
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Old 06-26-2017, 07:08 PM   #5
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It is too early to tell anything - the wage now is only $13/hr.
You're right, things will be much better when the wage ratchets up to $15/hr. The help wanted signs will be everywhere.
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Old 06-26-2017, 07:25 PM   #6
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McDonalds will have 2500 new kiosks installed in the next 60 days. The stock is up and they are cutting employees.

This shit has an impact
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Old 06-26-2017, 08:42 PM   #7
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You're right, things will be much better when the wage ratchets up to $15/hr. The help wanted signs will be everywhere.
Yup.
We are planning to hire a few people, but not until the wages go up a lot more. I suggested we hold out for $20.
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Old 06-26-2017, 08:43 PM   #8
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McDonalds will have 2500 new kiosks installed in the next 60 days. The stock is up and they are cutting employees.

This shit has an impact
As they say Paris, "Eet has hit zee fan!"
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Old 06-26-2017, 08:54 PM   #9
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Who could have possibly predicted this outcome? Employers cutting back on hours and hiring.

http://www.seattletimes.com/business...-costing-jobs/
I believe that the high minimum wage pushed by the left will make more people dependent on the government, with socialism being the ultimate goal.
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Old 06-26-2017, 09:29 PM   #10
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they're just going the way of all the other run liberal cesspools. CA, IL, etc. etc. Sit back and enjoy the show because the red states are about to start paying to bail them out.
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Old 06-26-2017, 11:23 PM   #11
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they're just going the way of all the other run liberal cesspools. CA, IL, etc. etc. Sit back and enjoy the show because the red states are about to start paying to bail them out.
It's the other way around.

https://wallethub.com/edu/states-mos...vernment/2700/

10 states MOST dependent on federal aid, only 2 (New Mexico and Maine) voted for Clinton

10 states LEAST dependent on federal aid, only 1 (Kansas) voted for
Trump.


So you red states, when are you going to stop being welfare queens? I want some of my tax dollars back.
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Old 06-26-2017, 11:30 PM   #12
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they're just going the way of all the other run liberal cesspools. CA, IL, etc. etc. Sit back and enjoy the show because the red states are about to start paying to bail them out.
Barahona is right and it's a damn disgrace.

The reason it will never happen that red states will have to bail them out resides in the bankruptcy laws. They will walk away from huge debts and pensions and stick it to their helpless citizens
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Old 06-26-2017, 11:46 PM   #13
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It's the other way around.

https://wallethub.com/edu/states-mos...vernment/2700/

10 states MOST dependent on federal aid, only 2 (New Mexico and Maine) voted for Clinton

10 states LEAST dependent on federal aid, only 1 (Kansas) voted for
Trump.


So you red states, when are you going to stop being welfare queens? I want some of my tax dollars back.
Trump won 30 states, Clinton won 20.
If Clinton had won 30 states and Trump only 20, those numbers might be reversed.
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Old 06-27-2017, 12:18 AM   #14
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Who could have possibly predicted this outcome? Employers cutting back on hours and hiring.

http://www.seattletimes.com/business...-costing-jobs/
There's been no cut back in hours.
the actual number of hours worked by low-wage restaurant workers in Seattle increased a slight 0.1 percent from the second quarters of 2014 to 2016


That's from the 20th paragraph of the article linked in the OP.

What happened was that there was a supposed decline in the number of hours worked from what someone decided would have been the number of hours worked in the increase in the minimum age had not occurred. But there is also a problem with that.

According to Michael Reich, a UC Berkeley economics professor, the UW researchers’ “synthetic” Seattle model draws only from areas in Washington that are nothing like Seattle, and the report excludes multisite businesses, which employ a large percentage of Seattle’s low-paid workforce. The latter fact was also problematic, he said, because that meant workers who left single-site businesses to work at multisite businesses were counted as job losses, not job gains in the UW study.

Reich also thought the $19 threshold was too low, and he said the UW researchers’ report “finds an unprecedented impact of wage increases on jobs, ten times more than in hundreds of minimum wage and non-minimum wage studies.

Reich and economists at the left-leaning Economic Policy Institute also criticized the report as not properly accounting for Seattle’s economic boom, which they say is causing the shift from lower-paid to higher-paid jobs. In other words, less people are working less hours at low paying jobs because many of them have graduated to higher paying jobs.

Then there is the matter that the UW study is contradicted by other studies that are better designed. That was the case with a University of California, Berkeley study released last week that found Seattle’s minimum-wage law led to higher pay for restaurant workers without costing jobs in 2015 and 2016.

So, we have one study based on what actually happened and one based on what someone thought should happen. I know which one I will rely on, but then I'm not a conservative desperate to prove my misguided theories.

ETA: So I don't get accused of plagiarizing. http://www.seattletimes.com/business...-costing-jobs/
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Last edited by mostpost; 06-27-2017 at 12:21 AM.
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Old 06-27-2017, 12:58 AM   #15
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ETA: So I don't get accused of plagiarizing. http://www.seattletimes.com/business...-costing-jobs/
It's hard to tell what you are doing since you don't indicate when text that you cut and paste is quoted from another source.

It's so simple a cave man could do it. You highlight the copied text and then click on the quote icon above:
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