3 ms·
Every prediction of doom from minimum wage hikes has failed to come to pass [1], yet the anti-minimum wage dead-enders advance ever more tendentious, hair-split
by blacksqr 9y ago
Every prediction of doom from minimum wage hikes has failed to come to pass [1], yet the anti-minimum wage dead-enders advance ever more tendentious, hair-splitting and arcane justifications for why minimum wage increases are "bad news."
A policy that has the effect of transitioning the economy from low-skill low-wage jobs to more high-skill high-wage ones ought to be celebrated among human beings as a victory. It provides an incentive for workers to improve their skills to compete more effectively and meaningfully increase their income.
Only those who outright prefer a serf economy can describe this study as a negative for Seattle.
[1] https://civicskunk.works/moving-the-goalposts-on-seattles-minimum-wage-43261b19ee63 https://civicskunk.works/moving-the-goalposts-on-seattles-mi...