A new study shows that Seattle’s big move last year to become the first city in the country to hike the minimum wage to $15 an hour is…playing out exactly as conservative economists warned it would. Oh, Seattle’s rich, elite liberals – the ones who feel their heartstrings pulled every time they see people in the picket lines outside McDonalds – will be just fine. And according to the study, Seattle business owners will likely be okay as well, at least for the time being. No, the only people really being hurt by the jump to $15 are…the very workers the law was intended to help.
And when it comes to Democrat Party policies, isn’t that always the way?
According to a new paper from the University of Washington, Seattle’s working poor are making more money for every hour they work, just as the minimum wage hike demanded. The only problem? They aren’t working as many hours. The study showed that while the new wage law has boosted pay for these workers by 3%, that boost was accompanied by an unfortunate 9% reduction in hours. Overall, that means that Seattle’s lowest-paid workers are now taking home about $125 less every month.
Great job once again, Democrats. Why these fools keep voting for you, we’ll never understand.
“This is a two-edged sword,” said Jacob Vigdor, one of the researchers. “And if you raise this minimum wage the way Seattle did you run the risk of actually taking money away from the people you are trying to help.”
And liberals who are bound and determined to defend the wage hike can’t blame the working poor’s struggles on an overall decline in Seattle’s economy. Because while those making minimum wage are having their hours slashed, job growth in the city is actually up 13%. The problem is that the growth is only being seen by those who make more than $19 an hour.
Knowing Democrats, they’ll use this statistic to launch a “Fight for $19” platform ahead of the 2018 elections. Never underestimate their ability to take a bad situation and make it worse.