Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Seattle Will Raise Minimum Wage to $15/hr By 2020; Automatic Annual 2.4% Increases

Cowboy89 · 08-31-2015, 03:17 PM

This is what happens when minimum wages are increased:

http://www.zerohedge.com/news/2015-0...-minimum-wages

This hasn't been vetted by unifor, or sociology professors posing as economists but:

- Lower hours for employees who make a higher wage leading to the same or lower income anyway
- squeezed suppliers to the point where the broader economy is hurt as well

Also an interesting article about the man who decided to pay all his lowest skilled workers at least 70k per year:

http://www.zerohedge.com/news/2015-0...icomedy-ensues

08-31-2015, 03:17 PM	#177
Cowboy89 Franchise Player Join Date: Feb 2006 Location: Toledo OH Exp:	This is what happens when minimum wages are increased: http://www.zerohedge.com/news/2015-0...-minimum-wages This hasn't been vetted by unifor, or sociology professors posing as economists but: - Lower hours for employees who make a higher wage leading to the same or lower income anyway - squeezed suppliers to the point where the broader economy is hurt as well Also an interesting article about the man who decided to pay all his lowest skilled workers at least 70k per year: http://www.zerohedge.com/news/2015-0...icomedy-ensues