Quote:
Originally Posted by ernie
There is an arch to minimum wage hikes. It will do good up to a certain point and then have a detrimental effect. It won't always be a good thing to have an ever increasing minimum wage just as it isn't a good thing to always shout "tax break!".
It has worked well in Minnesota. Seattle - well there seems to be vastly different opinions but the job killing seems to have been fact checked as misleading at best (completely dishonest at worst) from the more reasonable sources I remember reading. Much of the data is convoluted by including the greater metro area which did not see the hike for instance or couldn't be explicitly tied to the hike over other market factors if their was a job loss etc. The Seattle economy right now is doing quite well and the back half of last year (may have) gained many service jobs to end the year in strong positive job gain territory.
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Lots of the same fear mongering went on in Minnesota as is going on here. It's great to see people point this out as a negative with the NDP government but there is no proof that small businesses will close up shop because of it.
I look at it as a positive for many reasons, none greater than the fact that nobody should work 40 hours a week and not be able to meet basic needs with the wage provided.