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Thursday, February 25, 2016

THIS IS WHY THE MINIMUM WAGE IS SUCH A HORRIBLE IDEA

In case you haven’t heard, the Oregon state legislature has recently approved a new minimum wage, and Governor Kate Brown has already agreed to sign it

In case you haven’t heard, the Oregon state legislature has recently approved a new minimum wage, and Governor Kate Brown has already agreed to sign it.

This minimum wage law will be very different from the wage laws of most states, in that it will vary on a region by region basis. There will be gradual increases in each city and rural county until the year 2022. At that point, the city of Portland will have a minimum wage of $14.75, smaller cities will be at $13.50, and rural areas will be at $12.50.

But for all their good intentions, the leftists that pushed this legislation through have no idea what they’re in for. It will be rife with unintended consequences. Take for instance, what happened in Seattle shortly after their city council approved a $15 minimum wage. Before the wage increase even went into effect, restaurants all over the city crunched the numbers for what it would mean to their bottom line, and shuttered their doors. And for those who are still employed, the minimum wage increase hasn’t really helped them at all. Here’s what two cleaning ladies told the Seattle Times last year:

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6 comments:

Anonymous said...

Back in the day when I was making minimum wage: first $1.25 and later $1.45 a person could buy a new car for less than $2000 Gas was 25 cents a gallon and hamburgers were 15 or 20 cents.

The problem today is that for way too long businesses have been enjoying minimums that were way too low. Now they are jumping up all at once and the whining about and punishing of the workers has begun.

In my time when the wage went up I had two employers. The one raised my wages and never said peep. He needed me. The other ended my position. He angerly blamed it on the wage increase but previous to that I spent a lot of time on the job wondering why he needed me. The increase finally gave him the excuse he needed to get rid of me. The first business is still in business the second is not.

If your business doesn't work without employees and you can not pay them fairly according to law than close your doors you won't be missed. Your employees will find a better employer.

Anonymous said...

If your business doesn't work without employees and you can not pay them fairly according to law than close your doors you won't be missed. Your employees will find a better employer.

February 25, 2016 at 3:29 PM

I don't know of any business that doesn't need at least one employee. if the employee cannot find a better employer before they go out of business, I doubt they will find one after.

Anonymous said...

3:29
You have the basic concept right.

When the employer NEEDS you, that employer will pay for you.
If you artificially raise the cost to have you, your need decreases.

Get it?

Anonymous said...

Agreed!

Anonymous said...

looking forward to paying $30 for a small tub of thrashers fries!

Anonymous said...

Anonymous Anonymous said...
looking forward to paying $30 for a small tub of thrashers fries!

February 25, 2016 at 7:39 PM

those greasy, undercooked tourist attractions aren't worth whatever they charge for them now. you're not buying quality, you're buying an experience.