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Recently Seattle did a min-wage increase. Many small businesses complained loudly but they are still open, they simply raised their prices. My fav pizza joint
by edoceo 9y ago
Recently Seattle did a min-wage increase. Many small businesses complained loudly but they are still open, they simply raised their prices. My fav pizza joint had their price increase rolled out before the pay rise went into effect. Which gave the owners a nice little spread for a few months, to invest in tools to reduce labor requirement.
At $12/hr I earn enough to buy 2 lunch specials (at $6/ea). Now at $15/hr I earn enough to buy 1.875 specials at $8/ea! And that one manager I didn't like got fired. Yay economy! /s
- neuland 9y agoThis may be me suffering from Poe's law, but it seems to me that you are demonstrably worse off, even if the restaurant stayed open and you kept your job. Before the min-wage increase you could afford 2 lunch specials and now only 1.875, despite your income going up. Inflation gobbled up all of the gains.