The city of Seattle recently decided to establish a $15-per-hour minimum wage to be implemented over time. The wage hasn’t yet reached that level and there are already problems:
Seattle's minimum-wage hike seems to have reduced low-wage workers' earnings by $1500 a year: https://t.co/zB3elfXWdJ— Annie Lowrey (@AnnieLowrey) June 26, 2017
Surprised? Many are not:
Yep, supply & demand are still working. https://t.co/saFK8R5Cbg— Scott Lincicome (@scottlincicome) June 26, 2017
Who could have guessed this would happen besides everyone with a 6th grader's grasp of economics? https://t.co/cVsGzyTAlv— Matt Walsh (@MattWalshBlog) June 26, 2017
WHO COULD HAVE FORESEEN https://t.co/nvWCUM0eDR— Shoshana Weissmann (@senatorshoshana) June 26, 2017
Economics is a real bish. https://t.co/cNPEAe3Wqm— David Edward (@_David_Edward) June 26, 2017
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