Seattle poised to raise minimum wage to $15 per hour
 

- this should answer many questions regarding minim wage :2 cents:


Seattle City Council is scheduled to vote today on a historic plan to raise the minimum wage to a nation's-highest $15 per hour.

Washington already has the highest state minimum wage at $9.32 per hour, well above the federal minimum of $7.25. The Seattle plan would phase in the higher, local minimum wave over three to seven years, depending on the size of the business and benefits they provide employees.

City officials estimate that about a quarter of workers earn less than $15 per hour. Full-time work at that rate translates to about $31,000 per year.

Seattle venture capitalist Nick Hanauer, a key backer of the effort, says the city is a prosperous but costly place to live.

"Fifteen dollars is a very conservative number that we know for certain the economy can support," he told the Los Angeles Times. "Fifteen is a good solid number for a place like this, but probably is too much for a small town in Arkansas where living costs are much, much, much lower."

The ordinance was drafted by an advisory group of labor, business and nonprofit professionals. In a contentious meeting last week, a City Council committee agreed to delay implementation of the ordinance from Jan. 1 to April 1. They rejected amendments that would have sped up phase-ins as well and would have excluded tips from total compensation. The council also approved a sub-minimum wage for teenagers.

The plan was approved unanimously by the City Council members at the meeting, indicating that passage into law is likely.

"Seattle, and other cities, are taking direct action to close our nation's huge income gap because the federal and state governments have failed to do so," City Councilman Nick Licata said. "By significantly raising the minimum wage, Seattle's prosperity will be shared by more people and create a sustainable model for continued growth."

Crystal Thompson, 33, told The Seattle Times she has been working at a local Domino's Pizza for five years and still makes minimum wage. She says her responsibilities have grown, and she sometimes is responsible for opening and closing the store.

"I think I deserve a raise," she told the Times.


http://www.usatoday.com/story/money/...-vote/9863061/

similar thread

http://m2.gfy.com/showthread.php?t=1121061

Idiots..

one thing we know for sure is politicians have no concepts on finance... usually just a bunch of creepo's that like seeing themselves on TV and will do or say ANYTHING to be seen there


..... this guy here could just get a job flipping burgers and he would have to waste his time learning anything....

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Good luck to them.

As the article said...Washington D.C. has the current highest minimum wage. Any of y'all ever visited that city?

They also have the strictest gun laws in the U.S.

Check the figures on poverty, cost of living, and gun deaths for Washington D.C. if you want to know how this will all end up when it plays out in Seattle.

My guess is this: The cost of living will now rise in Seattle even further. That will eliminate any small gain made by raising the minimum wage.
And nothing will change...except some politicians get to use this as a populist issue to get more votes and spend more of their sorry lives as bureaucrats that never get a "real job".

If i calculated correctly 15$ hourly x 8 x 5 = 2400$ ,doesn't sound like a too much for minimal wage.

what he said :(

CBO report, raising minimum wages could cause 500,000 job loss
http://www.usatoday.com/story/news/p...-jobs/5582779/

President Obama's call to raise the federal minimum wage could help lift 900,000 workers out of poverty, but at a cost of as many as 500,000 jobs, according to an analysis released today by the non-partisan Congressional Budget Office.

Maybe if Obama wasn't getting into bed with big business and actually did some simple changes, the economy would be in such a mess.

Simple changes like if money is made here, the taxes stay here?
http://rt.com/business/162468-top-12-tax-havens/

Or maybe just make it so that the corporate tax rate in the US isn't one of the highest in the world, it can go as high as 39%

Maybe that doesn't sound like too much to you.
But if your job is a shit job that a monkey could do??? Then HELL YES it's too much.

Pay should (and always has been) tied to your skill level and/or amount of risk of the job (like guys who work at nuclear plants or oil riggers).

Paying a guy $15 an hour to take your order at McDonald's? Dumb.

And as I said...just take a look at Washington D.C. to see how well a high minimum wage does. Lots of poverty there (except of course for the politicians and bureaucrats living it up off the taxpayer).

Also keep in mind all the people who have worked hard for years and years to rise up to a $15 an hour wage...now all their work was for nothing.

I also read that union job wages are based on a percentage of what the minimum wage is.

So if union workers are guaranteed to make say 400% of what minimum wage is...Then costs are going through the roof on EVERYTHING.

I'll say it one more time: Just look at Washington D.C.
It's already been done there. Check out the cost of living and the poverty rates.

That's all you need to do to see the results.

According to this list:
https://en.wikipedia.org/wiki/List_o...y_poverty_rate
washington is 15th,and some of countries which have minimal wage under federal level are high on that list,so it kind a seems this is something what cannot be black and white.

:2 cents:

You must be joking :1orglaugh
That is more than plenty for "monkey could do" jobs. Ridiculously too much and plenty to live on.

$15 for fast food work.... You must be kidding me.

Liberals and "fair compensation" types in the works...
Disgraceful.

they pulled that $15 # out of the air, there's no accurate way to figure that # out, so this is all a guess. Yay politics, let's risk people's small businesses on a fcuking guessestimate

Lots of people feeling threatened in this thread as usual

Seems like way too big of an increase too fast. The sensible approach would be to raise it to that level over the course of several years. Like 10, not 6 or 7.

Seattle has frequently been politically progressive as US cities go... :thumbsup

Was just up there last weekend visiting with some very cool people. :)

:stoned

ADG

:2 cents:

Dose the City Council have any authority to make employers pay $15