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Thread: Seattle mayor unveils plan for $15 minimum wage

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by Jack Fabulous View Post
    It will make for a nice case study.

    -unemployment before and after
    -inflation before and after
    -business start-ups before and after
    -business closures before and after
    -etc...

    Lots of before and afters available. Let the games begin...

    Another case study.


    A year later, it is clear that raising San Jose's minimum wage has been an incredible success. The data shows that under San Jose's minimum wage, unemployment was reduced, the number of businesses grew, the number of minimum wage jobs expanded, average employee hours remained constant and the economy was stimulated.

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by Fenton View Post
    If it's " driven" by anything other than a Free Market its doomed to failure.
    I'm curious, why do you think the mechanism matters? What happens when the labor market pushes the government to institute labor laws requiring a minimum wage increase?

    Like there aren't enough examples of the damage stupid Government policies like this have on State Economies.
    Like the tax plans Norquist is pushing on Missouri, in the style of Kansas?

    Raising the minimum wage is rhetoric specifically aimed at the low information crowd who's susceptible to these kind of simple minded solutions.
    Then why do business leaders often support it?

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by year2late View Post
    They beef up their resumes with volunteer opportunities and internships. Seems to work for many.
    lol so they work for free to get the skills they need.

    doesn't that kinda defeat the purpose of giving them 15 an hour?
    why not just keep the pay low so they can get the job now and make money now while working on skills and other such things?

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by darkrecess View Post
    umm it went up a dollar. we are talking about doubling the minimum wage there is a huge difference.
    at least 1 article I saw got the math wrong. how they did that I have no idea.

    that dollar increase was probably eaten by cost increases. you wondered why your favorite food item went up 10 cents. well that guys labor went up for everyone. so you and everyone else gets a 10, 20 cent increase in price to pay for it. so out of your dollar you are down to 80 cents and that is before the government gets involved. so you can say goodbye to another 20 cents right there.

    a dollar raise basically netted them maybe an extra 50 cents an hour.

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by ludin View Post
    umm it went up a dollar. we are talking about doubling the minimum wage there is a huge difference.
    at least 1 article I saw got the math wrong. how they did that I have no idea.

    that dollar increase was probably eaten by cost increases. you wondered why your favorite food item went up 10 cents. well that guys labor went up for everyone. so you and everyone else gets a 10, 20 cent increase in price to pay for it. so out of your dollar you are down to 80 cents and that is before the government gets involved. so you can say goodbye to another 20 cents right there.
    a dollar raise basically netted them maybe an extra 50 cents an hour.
    Still looking for a more detailed comparison of prices from 2012 to 2014 in San Jose but... comparing 2014 San Jose prices to what I pay here in Ohio where I live (7.25 minimum wage), there are some differences but much is the same here as it is there. I only pay 540$ rent but I live in a crummy apartment of like 600 sq ft, and my town does not have some of the geographic benefits of a town like San Jose, so it's natural to expect cost of housing to be higher there.

    Most notably, I pay about the same for restaurants here as I would there. Dinner for me and my girlfriend at a nice restaurant usually runs about 45-55$, and a combo meal at McD's is still about 6$. Not much difference.

    Even with that being said, a real income increase of .50c/hour still leads to an extra $1,000 a year in real income, which can be helpful to a family struggling to make it. I would still support it.

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by ludin View Post
    lol so they work for free to get the skills they need.

    doesn't that kinda defeat the purpose of giving them 15 an hour?
    why not just keep the pay low so they can get the job now and make money now while working on skills and other such things?
    Kids go to college and come out with tens of thousands in debt and potentially have no marketable skill.

    Look at Habitat for Humanity. Volunteer and you can come out highly skilled.

    You treat volunteering as a bas thing. The reality is that there can be a mutually beneficial relationship.

    As far as 15 bucks an hour goes,,, we shall see.

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by Glen Contrarian View Post
    Easy! Here. That's a link to a Harvard study showing that because Costco pays its employees a living wage, they have a lot lower turnover and spend so much less on hiring and retraining that they actually spend less per employee than Sam's Club, even though Sam's Club pays their employees an average of $5 LESS per hour than Costco does.
    I've seen that study before and it's grossly flawed. It takes a best case scenario of a company with historically low turnover and training costs and compares it to a company with historically high turnover and high training costs. It's called a "goal-based" study. It starts with a premise and then goes out to prove that the premise is right, not prove whether it was wrong or right.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by SheWolf View Post
    Everybody supports it, including local businesses... that is freaking great.
    Lol...what?

    Sure...I am a Seattle business...and I am just thrilled to have to pay my workers roughly double what they now make for ZERO extra work.

    Come on now.

    I guarantee you virtually no Seattle business owners in their right minds support this.


    From the OP article:

    '"This proposal does not live up to the wishes of Seattle's workers," said city council member Kshama Sawant, who served on the mayor's panel but opposes the plan. "Unfortunately it also reflects the attempts of business to water down what the working people want."'

    Doesn't sound like local businesses support it to me.

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    Re: Seattle mayor unveils plan for $15 minimum wage

    Quote Originally Posted by year2late View Post
    Kids go to college and come out with tens of thousands in debt and potentially have no marketable skill.

    Look at Habitat for Humanity. Volunteer and you can come out highly skilled.

    You treat volunteering as a bas thing. The reality is that there can be a mutually beneficial relationship.

    As far as 15 bucks an hour goes,,, we shall see.
    maybe if you are going into construction or something. if you are going to be a educatorwhich or accountant then habitat for humanity doesn't do anything
    for you.

    I never said it was a bad thing that is a strawman.

    You said they could volunteer or do internships to earn skills neither which pays money. which is the WHOLE POINT when getting a job.
    which means they go further in debt.

    just look at what the CBO said
    Minimum wage hike would kill a half-million jobs: CBO - Washington Times

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    Re: Seattle mayor unveils plan for $15 minimum wage

    'Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers,'

    The Effects of a Minimum-Wage Increase on Employment and Family Income - CBO

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