Drudge Retort: The Other Side of the News
Tuesday, December 04, 2018

When Seattle officials voted three years ago to incrementally boost the city's minimum wage up to $15 an hour, they'd hoped to improve the lives of low-income workers. Yet according to a major new study that could force economists to reassess past research on the issue, the hike has had the opposite effect. The city is gradually increasing the hourly minimum to $15 over several years. Already, though, some employers have not been able to afford the increased minimums. They've cut their payrolls, putting off new hiring, reducing hours or letting their workers go, the study found. The costs to low-wage workers in Seattle outweighed the benefits by a ratio of three to one, according to the study, conducted by a group of economists at the University of Washington who were commissioned by the city. The study, published as a working paper Monday by the National Bureau of Economic Research, has not yet been peer reviewed.

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Its odd really, Liberals can't seem too wrap their mind around the fact that OpenBorders lowers wages, their response is to FORCE companies to pay more, the result ... not what they expected. I find Healthcare suffering the same phenom; Liberals trying to "engineer" society and economies to be "perfect" ends up a disaster, everytime.

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speaking of disasters

White House forced to walk back Trumptoecentres victory lap on Chinese trade deal

sell by date didn't even make it 24 hours

#1 | Posted by ChiefTutMoses at 2018-12-04 03:43 PM | Reply

--didn't even make it 24 hours

Didn't even get past 1 post for a deflection.

#2 | Posted by nullifidian at 2018-12-04 03:54 PM | Reply

Please remember that 30% of science studies csn't be replicated (90% for "social science") so at least wait until it's peer reviewed for God's sake. Why do you insist on making baby Jesus cry?!

#3 | Posted by HeliumRat at 2018-12-04 04:08 PM | Reply | Funny: 1

You're not going to get much more out of Chief12toes.

#4 | Posted by Spork at 2018-12-04 04:10 PM | Reply | Funny: 1

Flipping a frigging burger using a machine that does everything for you is not a skill that should pay $15/hr. "Ding" - Put Burger in conveyor belt. "Ding" - burger is done. "DING DING! - pay the ---- attention!

#5 | Posted by Spork at 2018-12-04 04:17 PM | Reply

#5 Jesus you're an idiot.

#6 | Posted by HeliumRat at 2018-12-04 04:23 PM | Reply

$15 dollars an hour is nothing in 2018.

Too bad idiots keep fighting against the best interests of the poor and carring water for the rich.

Healthcare? Unaffordable!

Never ending wars? We need more!

$15 minimum wage? The rich can't afford it!

Tax cuts for the rich? They need another one ASAP!

America is doomed because of idiots like Spork Andreà and Dulli.

Make sure you work 9-6, 5 Days a week, for fifty years, so you can retire at 70. Then be sure to promptly roll over and die, because there's really no use for you anymore.

#7 | Posted by ClownShack at 2018-12-04 04:26 PM | Reply | Newsworthy 1

Jesus you're an idiot.

#6 | POSTED BY HELIUMRAT

Jesus isn't an idiot. He's the son of God.

#8 | Posted by JeffJ at 2018-12-04 04:29 PM | Reply | Funny: 1 | Newsworthy 1

Put Burger in conveyor belt. "Ding" - burger is done.
#5 | POSTED BY SPORK

God damn Mexican conveyor belts stealing our jobs.

#9 | Posted by IndianaJones at 2018-12-04 04:44 PM | Reply

I guess they be takin yours ind.

#10 | Posted by Sniper at 2018-12-04 05:22 PM | Reply

Andrea still thinks corps hire illegals because they just happen to be here.

Jesus id kill my self if I was that stupid.

#11 | Posted by jpw at 2018-12-04 05:46 PM | Reply

#10 WOOOOOOSH!

#12 | Posted by IndianaJones at 2018-12-04 05:48 PM | Reply | Funny: 1

The Law Of Unintended Consequences strikes again!

#13 | Posted by MSgt at 2018-12-04 05:56 PM | Reply | Newsworthy 1

ok, so ... rent control?

#14 | Posted by ichiro at 2018-12-04 06:44 PM | Reply

If you bothered reading the study instead of feeding your confirmation bias...

Indeed, while employment overall did not change, that was because employers replaced low-paying jobs with high-paying jobs. The number of workers making over $19 an hour increased abruptly, while the number making less than that amount declined, Vigdor and his colleagues found.

Vigdor said that restaurateurs in Seattle -- along with other employers -- responded to the minimum wage by hiring more skilled and experienced workers, who might be able to produce more revenue for their firms in the same amount of time.

Reich wing narrative destroyed again.

#15 | Posted by bored at 2018-12-04 07:23 PM | Reply | Funny: 1 | Newsworthy 2

#3 | POSTED BY HELIUMRAT

Yeah, like when my dad told me that approximately 80% of all statistics are made up.

#16 | Posted by rstybeach11 at 2018-12-04 08:02 PM | Reply

He's the son of God.
#8 | POSTED BY JEFFJ

That's what he wants you to believe.

#17 | Posted by rstybeach11 at 2018-12-04 08:03 PM | Reply

"approximately 80% of all statistics are made up."

Don't believe everything you read on Facebook.
~George Washington

#18 | Posted by Danforth at 2018-12-04 08:07 PM | Reply | Funny: 1

restaurateurs in Seattle -- along with other employers -- responded to the minimum wage by hiring more skilled and experienced workers, who might be able to produce more revenue for their firms in the same amount of time.

That's misstating the actual findings of the NBER Study, which makes it very clear that the $19/hr wage level was used as an upper threshold and "that the entirety of this employment where growth occurred in jobs paying over $19 per hour was driven in large part by rapid growth in the technology sector", which had nothing to do with the minimum wage sectors that they were analyzing.

In the sectors that they were analyzing, their conclusion was "that the second wage increase to $13 reduced hours worked in low-wage jobs by 6-7 percent, while hourly wages in such jobs increased by 3 percent. Consequently, total payroll for such jobs decreased, implying that the Ordinance lowered the amount paid to workers in low-wage jobs by an average of $74 per month per job in 2016."

Nice try though.

MINIMUM WAGE INCREASES, WAGES, AND LOW-WAGE EMPLOYMENT: EVIDENCE FROM SEATTLE

#19 | Posted by Rightocenter at 2018-12-04 08:10 PM | Reply | Newsworthy 1

Its odd really, Liberals can't seem too wrap their mind around the fact that OpenBorders lowers wages, their response is to FORCE companies to pay more, the result ... not what they expected. I find Healthcare suffering the same phenom; Liberals trying to "engineer" society and economies to be "perfect" ends up a disaster, everytime.

What does open boarders have to do with this? Conservatives are the core reason for the issues with undocumented workers. They replaced people making a living wage with the undocumented they can hire for peanuts starting back in the 80s. That simply encouraged the influx and drove wages lower. That's why they don't want a solution on immigration - Because if people are documented they will expect more because they don't have to live in fear.

Healthcare is suffering from the phenom of Big Pharma and Insurance Lobbyists getting what they want and racking the people over the coals. If the GOP concentrated on fixing the ACA (GOP legislation by the way) instead of wrecking it we would be better off. Yet somehow it's better to fool the ignorant followers than do that. Single payer healthcare isn't not nearly so bad if you just look a little north to Canada. And why yes "engineering" things tends to provide improved results vs "using your guy". Lobbyists and big business have been doing their own engineering of society for decades. I don't think anyone hopes for the economy to be perfect, more equitable would be nice. We as a nation saw some of our best growth and equity when the top tax rate was over 70%.

#20 | Posted by GalaxiePete at 2018-12-04 08:15 PM | Reply | Newsworthy 1

I've been against these types of minimum wage laws for a long time. I don't believe they make sense in the economic equation. A $2 raise on an $11 wage is 18%. I'm sure it's overdue, but any time the wage increases are more than growth plus inflation, pressure will bear against it, somewhere. And with another looming raise (15%) coming--once again outstripping what the free market would've driven, it's reasonable business owners get spooked.

For minimum wage, I believe it's much more sensible to start with a decent, fair raise, and then tie it to, say, inflation +1, with cap ranges. YMMV on the specifics. Just...SOMETHING, so it becomes a standard folks can rely on.

#21 | Posted by Danforth at 2018-12-04 08:30 PM | Reply | Newsworthy 2

#21

Agreed.

#22 | Posted by Rightocenter at 2018-12-04 08:37 PM | Reply

#21

Also agree with the caveat that to some extent it needs to reflect local cost of living. While 15 might make sense in Seattle or New York in Wilson NC it would make you the richest dude in town.

#23 | Posted by TaoWarrior at 2018-12-04 09:47 PM | Reply

#21

Agreed but Tao has a point. How does the local thing get sliced and diced?

#24 | Posted by et_al at 2018-12-05 12:30 AM | Reply

(GOP legislation by the way)

#20 | POSTED BY GALAXIEPETE AT 2018-12-04 08:15 PM | FLAG:

lol. Not GOP legislation. It was an idea that came up in a Republican think tank, and was demolished. It's Dem legislation. Time to embrace it. Nobody is advertising it as ACA. It's "OBAMACARE OPEN ENROLLMENT!"

#25 | Posted by sitzkrieg at 2018-12-05 10:23 AM | Reply

We as a nation saw some of our best growth and equity when the top tax rate was over 70%.

#20 | POSTED BY GALAXIEPETE AT 2018-12-04 08:15 PM | FLAG:

The effect rate was in the low 40s, and they only paid around 18% of the total US tax burden.

#26 | Posted by sitzkrieg at 2018-12-05 10:25 AM | Reply | Newsworthy 1

"Nobody is advertising it as ACA. It's "OBAMACARE OPEN ENROLLMENT!""

That's because at one point, 16% of Republicans approved of Obamacare, while 32% of Republicans approved of The Affordable Care Act.

Then, at the height of the Republicans' attempts to kill it, "Obamacare" became much, much more popular. Now, folks probably know it better by that name.

#27 | Posted by Danforth at 2018-12-05 10:26 AM | Reply | Newsworthy 1

Across all the polling, favorability for it went up all of 4%. Unfavorable went up 7%. Not that it really matters. Embrace that ----, it was a Democrat super majority that passed it and one of the most comical failures in political history attempting to repeal it.

#28 | Posted by sitzkrieg at 2018-12-05 10:54 AM | Reply | Newsworthy 1

"Across all the polling, favorability for it went up all of 4%. Unfavorable went up 7%"

Then how did it get to majority approval?
www.usatoday.com

#29 | Posted by Danforth at 2018-12-05 11:06 AM | Reply

It's had majority approval about 50% of the time since it was passed. It was winning in favorability in July 2010 by 15% when it passed. As of last month, it's winning by 13%.

#30 | Posted by sitzkrieg at 2018-12-05 11:19 AM | Reply

gouging laws should be re-created and enforced.

#31 | Posted by ichiro at 2018-12-05 03:45 PM | Reply

#26 | Posted by sitzkrieg

You mean pre-WWII and during the great depression? No kidding. The top tax bracket jumped to 90% during WWII

#32 | Posted by GalaxiePete at 2018-12-05 08:25 PM | Reply

#25 | Posted by sitzkrieg

Think Tank sure and first implemented as Romenycare...

#33 | Posted by GalaxiePete at 2018-12-05 08:26 PM | Reply

What does open boarders have to do with this?

California is introducing legislation for Medicare for illegal immigrants.
www.google.com

Surely you can see the open border implication.

#34 | Posted by AndreaMackris at 2018-12-05 08:38 PM | Reply

"California is introducing legislation for Medicare for illegal immigrants.
www.google.com"

Great way to save money and reduce the stress on the ERs, and everyone knows even undocumented immigrants pay taxes so..... I'm sorry, you were trying to make a point?

#35 | Posted by DirkStruan at 2018-12-05 08:40 PM | Reply

I'm sorry, you were trying to make a point?
#35 | POSTED BY DIRKSTRUAN

Fear foreigners. Especially people from South and Central America. They'll take your jobs and women.

#36 | Posted by ClownShack at 2018-12-05 08:47 PM | Reply

They'll take your jobs and women.

#36 | POSTED BY CLOWNSHACK

"Where are da white women at?"

#37 | Posted by JeffJ at 2018-12-05 09:01 PM | Reply | Funny: 2

The top tax bracket jumped to 90% during WWII

#32 | POSTED BY GALAXIEPETE AT 2018-12-05 08:25 PM | REPLY

90% tax rate, effective rate of 20.7% for the top 1%.

The poorest Americans went from 0% to 20%.

#38 | Posted by sitzkrieg at 2018-12-06 07:55 AM | Reply

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