Seattle was very keen to increase the minimum wage incrementally up to $15 an hour – it had been in the works for a while. The pay increase was going to improve the lives of everyone including the low-income workers.
Of course, it came as no surprise to the Republicans that it had the opposite effect. Payrolls were cut, new hires suspended and hours reduced. Some companies have even been forced to let people go.
Those low income workers that the liberals were trying to help have seen their income actually reduce by over $1,000 a year to take into account the payment increases.
— Phil Kerpen (@kerpen) June 26, 2017
In a recent report, it was noted that low-wage employees’ earnings were reduced by an average of $125 per month in 2016.
That $125 makes a huge difference to low-income earners. But what do the rich liberals care?
Small-business owners have been telling them for ages that the pay increase will adversely affect their businesses. Clearly, the liberals were not listening.
The Political Insider reports:
File this one under ‘D’ for ‘Duh.’
A new study that even the left-leaning Washington Post has dubbed ‘very credible’ shows that by boosting the minimum wage to ridiculous amounts for low-income workers, Seattle officials have made things much worse.
Specifically, payrolls have been cut, new hiring has been suspended, hours have been reduced, and jobs have been lost.