Wednesday, June 08, 2016

As everyone knew would happen

Everybody with a working brain, at least.
Nearly half of Washington, D.C. employers said they have either laid off employees or reduced the hours of employees to adapt to the District of Columbia’s minimum wage hikes since 2014, according to a report from the Employment Policies Institute.
...
One in five businesses said they would move out of the District of Columbia and into Arlington, Virginia where the minimum wage is $7.25 per hour. Sixteen percent of businesses surveyed said they were somewhat likely to close their business if the minimum wage hike were implemented and 6 percent of businesses said they would likely close.
So fewer jobs, etc.  Just as predicted.  And the effect of those staying raising prices: people who're close to the edge go from 'a night out for dinner' to 'What're we making tonight?'  Which means less income to the businesses, which means- well, you know the drill.  And throw in this:
Thirty-one percent of businesses said they were very likely to hire more skilled workers in the future to offset the higher wage.
Which means fewer jobs for people just starting out.  Wonderful, isn't it?

And the idiots responsible?
While Bowser did not comment on this specific report she said that there was consensus that a $15 minimum wage was the right thing to do for the District of Columbia.

“We are glad there is consensus around a $15 minimum wage and welcome the ongoing conversation on how best to support our workers, while creating an environment where businesses can start, grow, and thrive in all 8 wards,” Bowser said.
These people are so freaking disconnected from reality, it's scary.  "A consensus it's the right thing to do."  "We welcome the conversation."  The consensus, you morons, is that you're driving businesses away and reducing the number of jobs.  But you don't seem to care, because this shows how much you care, right(and screw the peasants losing out)?

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