American Elephants


How Does the Minimum Wage Work? by The Elephant's Child

Here in Washington State, the minimum wage is on the ballot. They’re trying to ease it up over time, so we won’t notice. The minimum wage is an unemployment program for the lowest skilled workers. They already had big protests and demands to raise the minimum wage in the city of SeaTac, which is the area around the airport. Lots of fast food and regular restaurants and lots of hotels and motels. So the city passed a raise to $15  an hour. What happened? Fewer workers, some suddenly found they were charged for parking, which had previously been free. Restaurant workers found they had to pay for their own meals. Lots of other actions by businesses to try to cope with a government ordered increase in the cost of doing business.

Then the City of Seattle decided to raise the minimum wage. Some small restaurants closed, some let workers go. Some businesses moved to the suburbs. Now it’s on the statewide ballot. Most politicians have no experience in the private sector, and see no reason why they can’t just order businesses to do as they demand. And as usual, Democrats just don’t get the unintended consequences. Business is now having to cope with Obama administration orders to expand the numbers of employees who get overtime pay. That too will have unintended consequences.

If you enjoy these Prager University short videos, You Tube has decided that some of them are just too dangerous for you to see, and put them on the restricted list, You can help out by signing the petition to tell YouTube to Stop censoring PragerU videos. You’ll find a big red link at the above link.

Advertisements

Leave a Comment so far
Leave a comment



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s



%d bloggers like this: