>Seattle's $15-an-hour minimum wage law has boosted pay for restaurant workers without costing jobs, according to a study released Tuesday.
>The report, from the University of California at Berkeley's Institute for Research on Labor and Employment, is certain to add to the debate as activists around the country push for increases in local, state and federal minimum wages.
>The report is the first in a series of reviews in which the institute is examining jurisdictions that have raised their minimum wages.
>It focused on food service jobs, which some critics said could be disproportionately affected if increased wages forced restaurants to cut workers' hours. Author Michael Reich said that hasn't been the case.
>The results should give more confidence to other jurisdictions around the country that have adopted $15-an-hour laws, he said.
>"We were surprised," Reich said Tuesday. "The results were so much clearer than is often the case."
How does it feel to be economically illiterate right wing retards?
Xavier Johnson
>literally no sources in the article >report was from Berkeley >Another study done at UW came to mixed results >Both cities have an interest in raised minimum wage
Apply yourself 2/10
Also fuck that minimum wage hike as a Washington citizen. My beer used to be 3 a pint and now its 8. And I don't even live in that hell hole of Seattle.
>Also fuck that minimum wage hike as a Washington citizen. My beer used to be 3 a pint and now its 8. And I don't even live in that hell hole of Seattle.
That's inflation, not related to minimum wage. It's just something that happens constantly. It's why minimum wage increases make sense.
>This just in, communist professors find supply and demand is all bullshit! Yeah, fuck that report and fuck you for being so gullible.
Jaxon Rogers
Jerusalem
Zachary Rogers
AHAHAHAHAHAHAHA
fuckin retarded ancap denying evidence in their FACE. Eat shit retard, this is why you will NEVER live in your fantasy world. Have fun getting taxed by a system that's literally pinned against you
Gabriel Martin
You're trying waaay too hard, buddy. Take it easy.
Dude, think, if you jack up the price at which you have to pay workers, then you have less cash left over for expansion and advertisement, to continue making more money that will sustain your business you need to increase the price of your products. Additionally the prices of your components to make products will increase because now the vendors you purchase from has to pay all their employees more so they have to jack their prices up. Minimum wage causes inflation to increase and further reduces the purchasing power of the consumer.
Leo Wright
So explain why is it that all the social democratic nations of the world don't have a government mandated minimum wage? And before you say it, it's because the market corrects itself when you let private entities beef it out.
Samuel Robinson
>a study from a liberal school that bans all dissenting thought has found that their liberal theory was correct
Gee, who would have fucking thought that when you don't allow any opposing viewpoint, your viewpoint is the only one remaining.
Eli Rivera
christians are autists, just look at this fit throwing nerd
Noah Anderson
>Economics are subjective because they came from a viewpoint I disagree with
Daniel Peterson
Ok, but how do you reconcile your evidence with the law of demand
Grayson Perry
No, liberal economics are subjective because any opposing evidence is thrown out for being hate facts.
Jason Evans
It's Hell. It's for ever.
Hell is for ever!
user.
Hell is for ever!
Jonathan Clark
why does OP and every shill in here ignore this?
Aiden Bell
Holy shit guys, Berkeley fags said higher minimum wage is performing well, while people who live in the actual state the policy exists said it's performing poorly.
What a fucking surprise! California is cancer!
Charles Green
are you retarded? the law of demand is the most basic shit. get more in depth what kind of demand are we talking here?
Xavier Harris
I came to this conclusion before I read this.
And fuck you for making me read Forbes.
Mason Cruz
And yet, here you are telling me that setting a price floor above equilibrium will not result in a shortage. Go fuck yourself. The study is bullshit and it took all of two seconds in google and a functioning brain to see that.
Jack Lee
so the more you raise minimum wage = the more jobs and higher wages?
so let's increase it to 1,000/hr, at that rate no one should be unemployed.
William Powell
Guys this is obamaleaf. He just admited hes gay lol
Liam Rodriguez
>(((new study))) How can someone be so gullible as to fall for such a basic and tired trick? Call something a study and to the average idiot it gains immediate credibility.
Jason Barnes
What fucking mental illness do you actually have? You need to go man.
Lucas Adams
Something like 3% of Americans are paid minimum wage you mongoloid. And of those most are college or high school students. Of those most have no dependents and many are getting financial help from family. Minimum wage is literally a non-issue. The real reason people want a higher minimum wage so bad is because union wages are often based on the current minimum wage.
Facts vs feelings, friendo. You can't help people when there's nobody to help. Instead you're lining the pockets of opportunistic union workers
Oh yeah, forgot to mention that a CBO study determined that job loss among that 3% would be significant. Can't be arsed to find it myself so if what I already said isn't enough feel free to search for it
Cameron Cook
>economically illiterate right wing retards?
Most of us are nothing of the sort. Lolbertarians are anti-authoritarian leftists.
Joshua Hill
>People will only buy what they're willing and able >If prices increase too much people aren't willing and able anymore This isn't rocket science stupid socialist.
Jordan Powell
The original libertarians were leftists, yeah.
Then the term was coopted by right wing fuccbois.
Samuel Clark
Lmao all you ancaps really know is supply and demand graphs. You're so fucking dumb. Read a book beyond your regular school/college classes once in a while, it can do wonders (and I am talking a GOOD book, not ideological bs).
Connor Allen
but taxes are theft though
Hudson Reyes
Fuck off nigger
Austin Gonzalez
and communism makes more sense then ancap? what makes you better then us its better to have freedom instead of the government taking control of everything.
Owen Myers
>NEW STUDY FINDS 15$/hr WAGE INCREASE INCREASES JOBS AND RAISES WAGES >NEW STUDY FINDS 15$/hr WAGE INCREASE >AND RAISES WAGES
No, fucking, shit.
Connor Powell
YES, YEEES!
Dylan Russell
>use to have strong unions in the US >Implement federal minimum wage >"lol I'm paying you whats required pleb by the state now, no more complaints from you!" >unions disappear >Inflation (for years and years actually making you worse off than you were before) >economically retarded leftists "pls raise minimum wage" >rinse repeat
You fucking idiots did this to yourselves.
Christopher Watson
Seattlefag here, don't buy into the minimum wage meme, the only reason the Seattle economy didn't take a hit is because there's a hyper-inflated consumer-surplus bubble here, and it'll burst if there is any upset to Asian imports or Montana exports through the Puget sound. And another reason it hasn't turned completely to shit yet is because the rest of the state has a lower minimum wage than Seattle does.
Okay, I'll bite. Please recommend one. Is Keynes's General Theory too novice?
Also, just so I can get a sense for your own understanding. Do you think $20T has any negative side effects? If so, which do you think is worst? Do you think reaching 200% of GDP is too much debt? What model suggest the right percentage?
Justin Anderson
Is this like when some scientists debunks global warming.
Ryan Ramirez
Wealth redistribution by a different name is still redistribution.
Sebastian Sanders
>study >from Berkeley might as well be Frankfurt school
Parker Peterson
Yeah. Move to Seattle then. I am not a middle aged person with a minimum wage job. If you are, then fuck you and give me my egg mcmuffin. But I'll tell you now, as your middle aged failures voting for this, I won't pay more for my egg mcmuffin when the price goes up. You will likely be on the chopping block when they make employee cuts and ease in auto-server bots to take orders. Then I'll be considerably more pissed and hate niggers and middle aged failures even more, because I'm working my assignment off full time only to deliver a third of my check to feed the unemployed waste that you are.
Minimum wage is not supposed to be a living wage and you are not supposed to stay at that job your entire life.
The issue is that people who do think they deserve more when on reality no one deserves anything except for the chance on earth that God and their parents forced upon them, and whatever our Constitution guarantees (which are negative liberty assurances). In other words, no one in America or on earth is entitled to anything.
Tyler Butler
But truly who gives a fuck? Seattle smells like piss and bum dung
Isaac Young
>their conclusions on the early stages of Seattle's $15 wage experiment were not uniformly positive. The Washington Post reports: “The average hourly wage for workers affected by the increase jumped from $9.96 to $11.14
dude what why didnt it go from $9.96 to $15? Are they factoring in employees paid under the table?
James Hughes
>study by (((((((((((((University of California at Berkeley)))))))))))))))
Henry Collins
shit i guess this study is right and there is no way the opposite happens in sweden
Ryan Stewart
Fantasy world? taxes pinned against you? Sounds like two things Anarcho-Syndicalism fixed long ago
Levi Williams
you're a fucking moron, it's DIRECTLY related to minimum wage.
when you devalue the dollar by throwing more money at people for the same work, everything else has to compensate. nobody worried about not being able to afford it, everybody worried about the further devaluation of the dollar.
you fucking idiots do not understand simple concepts like buying power. you'd think getting paid $1b/h would be excellent until your dumb ass realised all you can buy with it is a wheelbarrow full of cash worth of bread.
America is already in a hell of a lot of trouble printing more and more fiat currency, your country is bankrupt and you're operating on credit. America, and Canada for that matter, are both fucked.
Landon Martin
>Author Michael (((((((((Reich)))))))))
William Hall
OH YEAH, MAKING THINGS COST MORE WILL MAKE THEM MORE AVALIABLE
WOW YOU GUYS ARE GENIOUSES
HERE COME GET INTO MY LIFE OVEN
ITS HEAT BRINGS LIFE AND MAKES YOU LIVE LONGER YOU FUCKNIG HASIDIC LIE SPEWING GARBAGE MONGERS
Justin Cook
>Anarcho-Syndicalism How many times can we re-brand communism?
William Bennett
Nigga u even science A single study cannot be trusted. You can cite 20 others that say otherwise.
Christian Ortiz
Your fiat currency is still worthless no matter what (((they))) set the minimum wage to.
Zachary Cox
Not only that, we basically already live in a communist centrally controlled stated via the fed.
Feels bad man, crypto is the future.
Ryder Anderson
Unlikely, especially with all that rain. Everything about your post screams "middle management," particularly >a third of my check Federal income tax for 2017 puts that at the 191k to 416k. You're just filled with so much hate and loathing for the "inadequate" of society because you make somewhere between 126k and 274k annually after tax? Nah, it's because you're an angry little fucker, probably fat and bald on top of it.
Cooper White
i thought fiat currency implied the currency isnt tied to anything physical, whereas the usd is tied to oil
Christian Ortiz
It may be tied to oil, but I don't think the USD is considered 'commodity currency'. Raising the minimum simply does nothing if your dollar has little to no value. We need to do things that strengthen the dollar so the consumer has more purchasing power. $10.00 an hour was great in the 80s and 90s, let's get back to that.
Carson Cox
>Minimum wage is not supposed to be a living wage Who told you this? That the largest pool of jobs don't have to pay well. I would bet 1000 dollars that you couldn't run the grill at Wendy's through an entire lunch. You would be totally fucked in about 20 minutes.
Camden Phillips
>No, don't you see?! Only I, in all my educated, BA-having glory, am worthy of owning a house and reproducing! My genes are superior! It's my world, and the rest of you are just living in it! My work is what's valuable!
Jace Bennett
>(((Michael Reich)))
Henry Watson
autism
Joseph Phillips
>completely ignores the fag that just posted a nude >>>r/atheism
Zachary Jones
>a FUCKING LEAF doesn't know that it's directly related to increasing wages.
Dominic Lewis
>implying It doesn't by definition. Move along.
Wyatt Gray
Allow them. Let them believe their twisted little fantasy. Educating them won't work since they'll just ignore it like the goys they are.
Luke Jones
Nope just puts you in a higher tax bracket.Government wins again.
Noah Peterson
Wtf are you talking about as soon as the minimum wage went up in Canada prices for coffee at Tim Hortons went up too. It was directly related. > pay employees more > things cost more
Charles Jackson
Not bald or fat. 28 and working at a nice job that is above average for my age but not quite the National per capita with money saved in a good neighborhood and a healthy relationship with my wife (who makes only slightly less than me) and daughter in a good school.
My peers do not have any worm ethic and get what they deserve. And that's a result of a variety of factors which do not excuse them or entitle them to anything.
Nicholas Richardson
First job was grill at McDonald's twelve years ago when I was fifteen. when you were playing vidya and harassing girls on aim and MySpace.
Who knew playing games and developing no unique skills would only allow you minimum wage cuck jobs? 'master race' folks better not be Shilling this fifteen dollar entitlement fee
Wyatt Reyes
Do you work? or are you resisting the 'employment jew'
Christian Jackson
>My dick's 12 inches and I feel the need to tell everyone on Sup Forums how great it is. I'm so amazing and I work so much harder than everyone around me. I don't think anything you've said is that believable, honestly. It's hard to imagine someone who's even remotely useful not understanding how self-important and pompous you sound right now, let alone someone who was able to find a woman who can tolerate him for the 30 seconds it takes for him to procreate.
Also, sage goes in the options field, you insipid cunt.
Jack Nelson
I am a communist and even I fucking know that increasing wages for everyone will rather result in increase of price than everything useful.
It's not that hard concept to grasp, ffs.
Are you ready to pay more for the meal, to support $15 wages? Yes? Well, ok with you. No? Then fuck off, you faggot.
Brayden Cox
B-but unions are communist?
Jayden Rodriguez
>right wing retards
Good to know you are a literal faggot
Brody Rogers
>what makes you better then us
We don't think that individuals that are collectively called "sharks of capitalism" for a reason, will abide some unwritten meme rules like NAP or fair play just because of the "people stop using services" meme.
Also, freedom is nothing but a buzzword rich fags and jews use to line up cannon fodder for either the shearing or the slaughter.
Luis Jenkins
It's funny that people who promote the minimum wage hike always go the owners can afford to pay more but its only big chains that can do that if you enjoy any small local shop or eatery, they will be out of business real quick. The profit margins for restaurants are only 5% on average.
Cooper Foster
>It's not that hard concept to grasp
It is for niggers and other liberal retards.
Aaron Young
>everyone gets richer >prices rise
Ayden Green
muh tax braketz
Jack Butler
If it's advantageous, the free market is going to adjust and settle around the higher wages. If it's not, than it won't. This shit is already covered by capitalism. Meanwhile, socialism doesn't cover low-pay jobs being outlawed by minimum wage. Basically, you're a massive retard.
Bentley Rivera
they just all work part time now, with no health benefits
Justin Roberts
But, the existing jobs have lower hours. And, the cost of living goes up.
Wyatt Reed
It's easy to afford the minim wage when all they do is hire Mexicans at fraction of the cost already while only having a few select individuals actually getting 15 an hour.
Asher Thompson
>Berkeley >credible >people still unironically believe this
Eli James
Unions are necessary in Capitalism. Just not within the "you can't fire me if I do a strike every day", "everyone is forced to be part of the union" environment.
Nicholas Clark
...
Gavin Moore
If its 15 dollars in my city and I knew the town over was still 10 dollar minimum wage, I'd be down there for any purchase.
Jayden Morales
These. I don't want people to pay a crapton of money for food just because some high schoolers and college kids with minimum wage jobs want more money that they can waste on weed.,
Andrew Torres
I dont trust "studies" anymore always something cunts with a bullshit study that twists the data
Jaxon Lopez
Every labour market has a degree of monosponsim and in plenty of cases a price floor can be more efficient than a market price
