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Seattle’s $15 minimum wage has bad news for liberals

No really?

We get paid for the value we bring to the company we work for, and what is a deep frying cook or a burger flipper worth? Not much.

If you want to use Mc Donald's as a start to a better career within McDs that's one thing. But to expect a high wage to basically flip burgers and take out the trash well that's insane. What is also messed up is many of the same people who were asking for a higher wage have sh*tty attitudes. Not all of course. Many are hard workers. But, there are many who should be grateful that they have a job to begin with.
 
Flawed study. Seattle, unlike Trump supporting shitholes, is booming.

But experts on the minimum wage questioned the methods of the University of Washington researchers.

Most seriously, skeptics argue that the researchers confused the effects of a minimum-wage increase with the effects of a hot labor market. During a boom, which Seattle has experienced in recent years, employers bid up wages, effectively replacing low-wage jobs with higher-paying ones.

Under such a scenario, one would expect to see a decline in the overall number of hours worked in low-wage jobs. In their place would be a significant increase in hours worked at somewhat higher-paying jobs.

“The key challenge this study faces is how to separate the normal shift that’s happening in a booming labor market — where low-wage jobs disappear and are replaced by higher-wage jobs — from an actual increase in the minimum wage,” said Ben Zipperer, an economist at the liberal Economic Policy Institute. “This study exhibits signs that it’s not able to do it.”
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https://www.nytimes.com/2017/06/26/business/economy/seattle-minimum-wage.html
 
Seems like an interesting study, just read the WaPo summary. Will definitely see if it holds up to peer review scrutiny.

In general, though, minimum wage laws don't really have a significant positive (or negative ) effect, as it's treating symptoms instead of underlying problems (skills gap, education, lack of bargaining power due to everything from overly friendly business laws to forced arbitration clauses). It's also very difficult to do a good study on them when nearby cities/municipalities can successfully poach businesses from Seattle, so a controlled study is very tough. $15/hr is probably too high as well, though it very much depends on the city so in Seattle maybe it makes sense.
 
What's precious is that Seattle's Amazon is almost single handedly destroying their retail industry and entry level jobs, but Trump supporters are more concerned that Seattle's minimum wage is too high. It's like some dude is banging their wife, and these cucks are sitting in a corner saying "excuse me sir, you you have a zit on your back."
 
JEDI said:
https://www.washingtonpost.com/news...hether-a-15-minimum-wage-really-helps-workers

They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found.

On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum.

😱

hell no $15/hr for a McWorker 😡
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I was in Seattle last week - nearly ever shop had "we're hiring" out front.

What this study gets at is that there are jobs for which the marginal value of a new person is < $30k/y. However, the fact that unemployment hasn't increased shows that there is also space for new jobs at >30k/y when those laborers working for less are freed up.

All in all this minimum wage has been good for Seattle and its residents.

HOWEVER the coming $13 an hour state-wide is totally going to screw the economy of Yakima; turning the median household into the minimum wage household 🙁.
 
MrDudeMan said:
An economy can do well in spite of individual workers not doing well. Your point makes no sense.
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Read the article. We are talking about Seattle, not Republican flyover country where they manage to have crappy economy in the middle of a boom, while waiting for coal jobs to come back.
 
JEDI said:
https://www.washingtonpost.com/news...hether-a-15-minimum-wage-really-helps-workers

They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found.

On the whole, the study estimates, the average low-wage worker in the city lost $125 a month because of the hike in the minimum.

😱

hell no $15/hr for a McWorker 😡
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I'm betting you just read the headline and didn't read the article. If you had, you might have learned that this increase had an overall positive effect on Seattle workers. For example:
"Indeed, while employment overall did not change, that was because employers replaced low-paying jobs with high-paying jobs. The number of workers making over $19 an hour increased abruptly, while the number making less than that amount declined, Vigdor and his colleagues found."​

Also note this study intentionally excluded bigger businesses with multiple storefronts. Its data set lacks the big chains one normally associates with minimum wage jobs.
 
FelixDeCat said:
Liberalism works in theory but it practice it usually fails. If feel sorry for those who had to find another job because of it.
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The post above yours literally disproves your statement.


Bowfinger said:
I'm betting you just read the headline and didn't read the article. If you had, you might have learned that this increase had an overall positive effect on Seattle workers. For example:
"Indeed, while employment overall did not change, that was because employers replaced low-paying jobs with high-paying jobs. The number of workers making over $19 an hour increased abruptly, while the number making less than that amount declined, Vigdor and his colleagues found."​

Also note this study intentionally excluded bigger businesses with multiple storefronts. Its data set lacks the big chains one normally associates with minimum wage jobs.
Click to expand...
 
A $15 minimum wage is just insane when many skilled jobs don't pay that much. If I were running a business there I'd slash my workforce and hours too plus I'd be hiring all students to pay student wages which are different.
 
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