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.
Not having to work harder for less, is an improvement.
But that's
exactly what they are doing. They are now coming home with $125
less per month in their paychecks. Thanks to the Dumbocrats, the lowest earners among us are now even further behind.
Even in the face of indisputable facts, you're unable to accept that the ideology you embrace is a
failed ideology. Typical left-wing nut-job.