Seattle employees ask for REDUCED hours so that
"jacked-up" minimum wage won't cost them subsidized
housing: Gee, who could have seen this coming...?
Now this is downright funny. They scream for a higher
minimum wage; then, when they get it, they complain
because they make too much money to qualify for the
free stuff. Go figure. By jacking up minimum wage,
Seattle has provided a valuable lesson in liberal
economics. The plan has now backfired.
Nora Gibson, executive director of Full Life Care,
told Seattle’s KIRO 7 TV she saw a sudden reaction
from workers when Seattle’s phased minimum-wage
ordinance took effect in April, bringing minimum wage
to $11 an hour. She said some people feared they would
lose their subsidized housing, so they have asked that
their work hours be reduced to remain eligible for all
government subsidies.
It doesn’t stop at $11/hour. The law puts it up to $15
starting January 1, 2017, and they will have to reduce
their work hours even more to remain eligible for handouts.
Good thing the minimum wage wasn’t raised even higher
or most would not work at all.
So now workers work fewer hours but for the same take-
home pay, businesses' labor costs increase so prices
increase, buyers (workers) pay more, and no one is better
off.
Remember free market capitalism? Under that system, the
harder and smarter you worked, the higher your standard
of living. But that was found to result in income inequality,
so now we have a system where wealth is bestowed
by bureaucrats, and working harder doesn’t always
make sense.
Just a little bit at a time until America is gone!
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