Seattle raises minimum wage to $15

[#Ravencroft]

But since people will make more money more or less, wouldn't it just cancel itself out?

No because most people make over $15 an hour anyways. Nobody's wage will go up unless it's below $15, meaning a ton of teenagers that work are going to be making disgusting amounts of money for their age, thus causing cost of living to increase significantly.

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[BluetoothBoy]

sorry guys but i have no understanding of economics

its one of my few downsides

could someone elaborate as to why it is bad that minimum wage is $15 in Seattle? It sounds like a good thing because people get paid more.

right?

This is true, but after a few months, the cost of living in Seattle will rise. Once it rises, the people living there won't actually notice much - it'll be about the same for locally bought goods.

But then people coming in from out of state will be less likely to purchase things in Seattle. After all, their wages didn't change. This will hurt business in many places, but namely the airport. Much of the airport's revenue comes from concessions, believe it or not. People will start to lose their jobs, and over time, we'll probably start to see a drop in Seattle's economy. Coincidentally, I did a paper on this for economics class this year.

Holy crap, 12 new replies?!

[GhostStar]

$15 is too high. Shoulda upped it to $10.

it was already 9.32 an hour

[Tayasaurus]

can feel cheated of the extra cost,

What does this have to do with feelings. Its a fact that it puts more financial pressure on a company. They are not just being huge asses about it and raising prices to prove a "point" which is what I feel like your post is trying to put forward. There is nothing positive about this especially in the United States current economy.

[Bisjac]

I wish wait staff earned Min wage. I would enjoy never tipping again.

[ResonKinetic]

Holy crap, 12 replies?!

You guys are thorough. nice job everyone

[Jairo]

I wish wait staff earned Min wage. I would enjoy never tipping again.

move to europe

[sir dooble]

What does this have to do with feelings. Its a fact that it puts more financial pressure on a company. They are not just being huge asses about it and raising prices to prove a "point" which is what I feel like your post is trying to put forward. There is nothing positive about this especially in the United States current economy.

I'm not claiming the raise in price is out of spite.
I get that many businesses do it out of necessity.

But there's always a notion of feeling involved. It's an unpopular move not just because it makes it harder for businesses, but because it's seen as unfair by some business owners.

move to europe

Move to Britain. We're even more negative towards tipping here.
I personally don't like the concept of tipping.
And the average here is only about 8-10%.

[Bisjac]

I hate tipping lol. I feel I'm not getting a real service just because someone is carrying my food to me. I would prefer walking it to my table myself.

And I refuse to tip any pizza delivery that charged me a delivery charge.

[Tayasaurus]

I'm not claiming the raise in price is out of spite.
I get that many businesses do it out of necessity.

But there's always a notion of feeling involved. It's an unpopular move not just because it makes it harder for businesses, but because it's seen as unfair by some business owners.

Not to mention that raises in minimum wage hurt smaller businesses that hire. It helps the bigger companies keep a tighter hold on markets and slowly kills mom and pop shops so they can't compete. I don't think its a matter of "seeming" unfair. I think its a matter of being completely unnecessary.

I don't like the tipping concept either on another note. If I don't leave a tip that's more than 3 dollars for a waitress or waiter I feel like REALLY bad.

[Markey]

go to chickenland

[Ninja Decoy]

I work in fast food and i kinda got a run down on how it works. You see, the little restaurants are put in towns and owned by one guy, who usually hires managers to run the restaurant. McDonalds, Arbys, etc is kind of just a brand name for places. The big guys up top don't give the individual restaurants money. each restaurant has to support themselves. They have to pay for wages, bills, and the cost of food.

When something like min. wage is increased, its making it harder to keep the restaurant running, so in turn, you have to raise the prices on the menu, which could very well make people stop going there.
Raising and lowering the min. wage is a terrible idea. sure, raising it tiny bits at a time is ok, but not by $5-7.

This is kind of a simple way of explaining it.

[BluetoothBoy]

I work in fast food and i kinda got a run down on how it works. You see, the little restaurants are put in towns and owned by one guy, who usually hires managers to run the restaurant. McDonalds, Arbys, etc is kind of just a brand name for places. The big guys up top don't give the individual restaurants money. each restaurant has to support themselves. They have to pay for wages, bills, and the cost of food.

When something like min. wage is increased, its making it harder to keep the restaurant running, so in turn, you have to raise the prices on the menu, which could very well make people stop going there.
Raising and lowering the min. wage is a terrible idea. sure, raising it tiny bits at a time is ok, but not by $5-7.

This is kind of a simple way of explaining it.

For future reference, the short way of saying that first paragraph is just saying that most fast food places are franchises.

[Bisjac]

Lots of Americans (or anyone) just think being given more money = more spending power.
When It usually has the opposite effect on economies as a whole.

[Teneksi]

Well stuff I get it now.

so are we gonna have 49 states in the US or what  

Seattle: Not its own state