Liberty Park Press

Liberty Park Press

  • Headlines
  • Politics
  • http://libertyparkpress.com/directions-for-viagra/
  • generic viagra from india
  • http://libertyparkpress.com/levitra-for-sale/
  • buy cheap brand viagra online
  • allergy to azithromycin

The Minimum-Maximum Wage Headache

August 2, 2016 By Conn Williamson

seattle

As the initial tangible sample size of data from Seattle’s grand thought experiment in raising the minimum wage to $15.00 per hour, calculated assertions begin to paint a bleak picture of the trickle down effect of pure maniacism.

According to an article in the Washington Post, a group of economists commissioned by the city have crunched the numbers and formulated some telling scenarios.

“The average hourly wage for workers affected by the increase jumped from $9.96 to $11.14, but wages likely would have increased some anyway due to Seattle’s overall economy. Meanwhile, although workers were earning more, fewer of them had a job than would have without an increase. Those who did work had fewer hours than they would have without the wage hike.”

It gets worse.

“They (the economists) attributed a wage increase of about $0.73 an hour for low-income workers to the minimum wage, and another $0.45 an hour to the improving economy. After the increase, Seattle’s workers got about seven more hours in a quarter. Workers’ hours increased even more in other parts of the state, however, leading the researchers to conclude that the minimum wage reduced the number of hours worked quarterly by 3.2, roughly 15 minutes each week.”

A common misnomer regarding Seattle’s global reputation is isolated in the city’s apparent association with corporate behemoths Boeing and Microsoft and the existence of a thriving business community. Contrary to common belief,  Boeing’s corporate headquarters claim Chicago as home, while Microsoft’s flowing campus of turf, douglas fir, and rhododendron exists in the sleepy confines of Redmond, as the city produces a challenging setting for commerce.  While Seattle is known as the hub of the Puget Sound Region, the majority of the population of the 4.2 million metroplex lives outside city limits. Unfortunately for area residents, the cultural and ideological influence of the city disperses through out the entire state, and causes havoc with initiatives and candidate campaigns.

Lost within the bombastic maelstrom of flawed economic policy, is the adverse effects on the service industry and the challenges that restaurants and establishments face in maintaining experienced and quality staff.  Paying $6 for a beer is just not the same in the absence of a familiar face.

Read the full article here.

VIDEO:  To Enable Is To Cripple 

Facebook Comments

Related

Filed Under: News Feed, Politics

Please Subscribe

We respect your email privacy

Powered by AWeber Email Marketing

 

Featured Stories

Minnesota Battleground: New Restrictions Proposed

More Connecticut Gun Control Proposals from Gov. Lamont

Ill. Officials Push Court to Allow Gun Ban Enactment

The Dictionary Paradox- Destroying Language

The National Influence of Left Coast Politics- Things Just Got Weirder

Henry Repeating Arms Presents SAF with $25K at SHOT Show

Biden’s Gun Gaffes Shows Prez Botches Ballistics

State Funded Propaganda- The Prevalence Of Streaming International Travel Reviews

VIRAL STORIES

Don’t Look Now, But The Clock Is Ticking

Domino Bot Wows Internet

The Soviet Ghost Town Of The Arctic Expanse

These Insects Redefine “The Groove”

Colossal Pizza Slice Marks The End Of An Era

The Hardheaded And Plummeting Ratings Of Sports Television

Escaping The Madness- Where On Earth Does One Go To Avoid Bubonic Politicization?

Driving A Jet Engine Or Racing A Car? Choose Wisely

About Us

Liberty Park Press is an online information website dedicated to providing you with breaking, useful, or interesting information.

Read More

PRIVACY AND TERMS

Welcome to Libertyparkpress.com. If you continue to browse and use this website you are agreeing to comply with and be bound by the following terms and conditions of use:
Continue Reading…

CONTACT US

Liberty Park Press
12500 NE 10th Place
Bellevue, WA 98005

Copyright © 2023 · Liberty Park Press Inc · all rights reserved · Log in