Liberals have argued that the minimum wage needed to be drastically raised for the sake of low-level workers, and in some areas controlled by liberals, they did exactly that. Seattle is one of those locations and a recent study is showing just what conservatives have warned against from the beginning, that the higher minimum wage is actually hurting the low-level workers it supposed to help.
Seattle’s first-in-the-nation $15 per hour minimum wage law is hurting the workers it aimed to help, a new study has found.
The working poor are making more per hour but taking home less pay. The University of Washington paper asserts the new wages boosted worker pay by 3 percent, but also resulted in a 9-percent reduction in hours and a $125 cut to the monthly paychecks.
The law also cost the city 5,000 jobs, the report said.
Seattle’s minimum wage ordinance, passed by the Seattle City Council and signed by Mayor Ed Murray in 2014, was sold as a way to close the income inequality gap and help those struggling at the bottom of the economic ladder…
Conservatives have tried to argue that raising minimum wage to $15 would cost jobs, hurt businesses, raise the cost of living and be an overall lose-lose situation for the city and the workers. Guess what? The new study proves that conservatives were right and liberals were wrong. Even so, many liberals will continue to chant the mantra for higher minimum wages, regardless of the facts.