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Forum Post: 9 Months On, Koch Fears Realized After Town Raised Minimum Wage To $15/hr

Posted 5 years ago on July 10, 2015, 9:02 a.m. EST by factsrfun (8277) from Phoenix, AZ
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"Tom Douglas, who runs fifteen restaurants in the Seattle area, warned that a higher minimum wage law being considered by Seattle would force the shutdown of a quarter of his restaurants. Instead, after the results in Seatac, he is opening five new restaurants to meet demand. And this story is being repeated, over and over again, throughout the region."




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[-] 3 points by BradB (2693) from Washington, DC 5 years ago

good post !!

[-] 2 points by factsrfun (8277) from Phoenix, AZ 5 years ago

If American wages had kept up with productivity increases, I believe the American economy would be as dominate as it was in the 1950's, but within a much more more competitive world. Today over twice as many cars are sold in China as in the US, it may not be long before Americans wake up to these facts.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 5 years ago

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9 Months On, Koch Fears Realized After Town Raised Minimum Wage To $15 Via @AddInfoOrg http://www.addictinginfo.org/2014/09/14/15-now-seatac/ … Living wage supports community