This is a good objective article on increasing the minimum wage. Liberals who live in the land of unicorns and rainbows think the concept of "repercussions" is a right wing fairy tale....
http://www.seattletimes.com/opinion/editorials/minimum-wage-law-this-is-not-play-money/
But Seattle restaurant prices — a leading indicator of the impact — had jumped nearly 9 percent. And the restaurant industry trend toward a 20 percent service charge was not fully captured in those price spikes.
Sifting out these early indicators is vital because Seattle’s $15 wage law rolled out as a political campaign, not a finely tuned economic experiment. The rhetoric is now being tested, and it’s not all rosy.
http://www.seattletimes.com/opinion/editorials/minimum-wage-law-this-is-not-play-money/
But Seattle restaurant prices — a leading indicator of the impact — had jumped nearly 9 percent. And the restaurant industry trend toward a 20 percent service charge was not fully captured in those price spikes.
Sifting out these early indicators is vital because Seattle’s $15 wage law rolled out as a political campaign, not a finely tuned economic experiment. The rhetoric is now being tested, and it’s not all rosy.
