P@triot
Diamond Member
CNN just announced need that a study by the University of Washington showed that the lowest income workers earned $125 less per month after Seattle implemented their $15 per hour minimum wage. While the workers earned on average 3% more, their hours were cut on average by 9% - resulting in a net loss to their income.
The study concluded that this is basic economics - that when something costs more (such as labor), people simply learn to do with less of it.
Thanks to the Dumbocrats - the poorest among us are now further behind. If only the left understood basic economics. I guess that's why they are called Dumbocrats.
The study concluded that this is basic economics - that when something costs more (such as labor), people simply learn to do with less of it.
Thanks to the Dumbocrats - the poorest among us are now further behind. If only the left understood basic economics. I guess that's why they are called Dumbocrats.