Econ 101

What are they going to say when they find out they have to pay Fed Income Tax now. OOPS.

"...the falling of small stones that start an avalanche in the mountains."

Cause and effect.

Jan

Time to automate.

Here's a list of everyone who's surprised by what Seattle is seeing...

...thanks. I'll be here all week.

In 1970, I was hired as a carhop at $0.75 an hour.
(Minimum wage at that time was $1.60, but this
place, being such a very small business, didn't have to pay minimum wage). Actually, I made more
than $0.75 an hour, because of the tips.Also, there
was a daily food allowance. Also, in this place,
there was no putting of the tips in one common
pot, and splitting the pot up; the person kept his
own tips(Although if nobody remembered who
had taken out a particular order, the benefit of
the doubt usually went to the person who had
picked that tray up). I could usually make about
$5 or even $7 a day in tips, in reasonably good
weather. The inside people, cashiers and kit-
chen workers, started out at $1 an hour, and
they could get raises, which were denied to us
Curb people. I was doing all right, and saving
up money, until Nixon brought in his wage/price
controls in 1971. But for other reasons, I quit
the place in the spring of 1972 and went to a
furniture factory, where I started out at $1.98
an hour. Inflation got worse; the minimum wage
was repeatedly raised, but I don't recall that it
did me any real good.(Of course, I got raises on
jobs after I left the carhop job, too). I think that
the minimum wage raises also added to the in-
flation.
But I am simply against a government-man-
dated minimum wage as a matter of principle.
But many people care nothing at all about prin-
ciple, just whatever they feel they want at the
time.

Isn't/ wasn't one of the main arguments in favor of a higher minimum wage that society is subsidizing MW workers because they have to be on welfare? You can't speak logic to these morons. Water finds its own level, but they'll always swear it's lower on the poor side of town.

Minimum wage follows the actions of the Federal Reserve Bank, that being the decline of the value of the dollar. Today's dollar is worth less than 10 percent of its buying power in 1900. This is intentional. As the government borrows money it also engineers a decline in the value of that money. In this way one can leverage the drop in value in much the same way as one can leverage interest which permits paying back expensive dollar loans with cheaper dollars. Minimum wage increases fits into this strategy because increasing the minimum wage without increasing productivity also forces a decline in the value of the dollar.

I left Columbia S.C. in 1988 because i discovered that the population of employees that I had mostly black started working 40 hours a week and the suddenly after one month they were down to 13/14 hours a week, why because they made too much money that was not reducing their welfare checks. You are reading the reason I left that environment. Now in G.J.,CO with a Hispanic work force i have never looked back. I already knew what the businesses in Seattle were in for as well as the workers. Fear not some rectal brain politician will come up with a non workable solution like they always do.

The unintended consequences of living in the real world.

One of the things that most advocates for higher minimum wages forget is that they were originally instituted to prevent that work from going to people who were just as qualified, but were willing to work for less money to get the job done. Minimum wages were institutionalized racism in reality because they were passed by white road construction crews who were getting put out of business by black crews willing to do the same job for less. And the effects of every minimum wage hike continue to disproportionately affect blacks even today, as Thomas Sowell, Larry Elder, and Walter Williams have been pointing out for years now.

Another effect is simply to induce inflation, which is the stated goal of most governments because it decreases the overall value of their debts and debt-dependent policies.

Still another effect is that (as these people are seeing) raising wages also subjects one to higher taxes, which the government loves also.

Raising the minimum wage is a double-gotcha for taxpayers: it devalues their earnings and savings while extracting higher taxes!

And they said it wouldn't happen. This is the kind of situation that "free stuff" from the government creates. And, it not only creates these ideas for the people currently getting theirs, but also their offspring will grow up demanding the same. Soon complete generations will be trying to get theirs, and the city will collapse.

I don't even recall that employees might have demanded "shorter hours so I can stay on welfare" as an argument against minimum $15 wage. Turning the old expression “If there’s a will there’s a way” around, to “if there’s a way (for free stuff) there’s a will”. Maybe we could just pay these poor souls $50 and hour and they would only have to work a day or so a week and still be able to collect their welfare. After all they are entitled, and we seem to have a government that agrees with them. How can we fight that?

I'm doing my little part to help Seattle understand, and there are others that I know doing the same. We no longer go into Seattle to eat, or do much else either, period. I've got one Gift Certificate from a Seattle only establishment that we will use, then it’s good bye to Seattle restaurants. The Eastside has grown with a lot of good eating establishments recently, perhaps due to Seattle's government mandated wage for employees’ mentality. We’ve just got to keep Seattle’s mentality from spreading east, or actually in any direction.

The Seattle City Council is getting loaded with these free ride freaks. You probably read about the Sharia Home Loan plans of theirs where investors would have to give interest free mortgages to Muslims, something I’d really want to invest in. Somehow they get the people to go along with all these liberal freaky ideas that they seem to just make up as they go along. Perhaps the only thing that can change it will be for those that disagree to just move out. If it continues Seattle will probably become another Detroit. The people just keep voting the same (democrat) because that's what they have always done. At least Seattle will be able to show the rest of the US what not do. But that too won’t matter much, there are too many people that just won’t get it. It seems most of us need to experience things ourselves or they just aren’t important enough to care about, yet alone do something about. If I really cared I’d run for president, trust me.

Another union scam. The protesters screaming for the $15/hr wage were nearly all hired union goons. The poor saps who get that wonderful unearned raise will soon see most any extra cash siphoned off by unions as soon as they get their government dupes to demand automatic extortion of union dues from their paycheck.

ASNLF !!!!!!!!!!!!!!!!!!!