saveliberty
Diamond Member
- Oct 12, 2009
- 58,692
- 10,748
The right wing has nothing but repeal. The left still has, healthcare reform and a fifteen dollar an hour minimum wage.
How did Obama's tax reform package work? Eight years erased in six months.
Stock market up 33%, lowest unemployment rate in decades, a large number of illegals fled the country.
When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect.
The city is gradually increasing the hourly minimum to $15 over several years. Already, though, some employers have not been able to afford the increased minimums. They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found.
The costs to low-wage workers in Seattle outweighed the benefits by a ratio of three to one.
Analysis | A ‘very credible’ new study on Seattle’s $15 minimum wage has bad news for liberals