4 ms·
There sure is a lot of righteous indignation in this thread. I am eager to see the fallout of the imminent minimum wage increase (hopefully not too much human
by CompelTechnic 8y ago
There sure is a lot of righteous indignation in this thread. I am eager to see the fallout of the imminent minimum wage increase (hopefully not too much human suffering). With the similar event that happened in Seattle recently, the initial government-funded study of the outcome came back with results favoring the conservative opinion. Naturally, the liberal local government quashed this study and performed another. Similarly, if you google "Seattle minimum wage study" the results are a mixed bag, and more informed by opinion than data.
Take everything you read with a grain of salt, and stick to first-hand data as much as possible.
Here is a good, minimally biased (although by a libertarian-leaning economist) synopsis of the initial results:
https://marginalrevolution.com/marginalrevolution/2017/06/seattle-minimum-wage-study.html https://marginalrevolution.com/marginalrevolution/2017/06/se...