• March 29, 2024

SEATTLE’S MINIMUM WAGE CRASH: $15 to ZERO! Profits Take a Nosedive!

Seattle, Washington, one of the strongest remaining bastions of liberal philosophy left in the country, passed a phased-in $15 minimum wage law earlier this year. The highest minimum wage in the country. The vote was unanimous and the throng outside cheered, but for many this is a loss from which they will never recover. It is a blow to the profitability of businesses that they just can’t take.

Even the left-leaning Seattle Times expressed concern,

wondering if Seattle had indeed “gone too far.”

According to the National Review Hotline, Kathrina Tugadi owner of Seattle’s El Norte Lounge, no longer hires musicians for her restaurant, she said she can’t justify expenses that don’t directly “add to the bottom line.” And, she says, hours will have to be cut: El Norte Lounge plans to stop serving lunch and only serve dinner.

minimumwage_01“I am concerned about my business and others in the community, but it isn’t just about any one business. It’s about how the entire economic community,” she said. El Norte may be unable to remain open once the ordinance is fully in effect, she said. Even Pagliacci Pizza, a Seattle-area pizza chain, is moving its call center and some of its production facilities outside the city. That’s a lot of job loss, a lot of new people with a new wage of ZERO.

Socialist Council-member Kshama Sawant was the main proponent of the $15 ordinance. She and her supporters denied that the policy change would hurt businesses in the city. In one interview, Sawant said there need be “no unintended consequences.”

“No Unintended Intended Consequences?” Who is she kidding?

There are ALWAYS consequences to stupidity. Prepare to reap the benefits of yours, dumbass.
There are ALWAYS consequences to stupidity. Prepare to reap the benefits of yours, dumbass.

There are always consequences. In this case the consequences are the businesses that are downsizing, closing and failing, jobs that are lost, and most of all, people whose new hourly wage is ZERO. No unintended intended consequences? Are our politicians really that . . . stupid? Yes, I said it, Stupid. Do they really think taxes are irrelevant, businesses are omnipotent and that they can be drained in the name of politics without “any intended consequences?”

Keep reading @ Viral Buzz