Seattle Proposes $15 Minimum Wage

from the American Thinker:

Seattle’s proposal to adopt a $15 an hour minimum wage has some economic experts asking if it will doom Seattle’s economy.

Even Slate’s business and economics correspondent, Jordan Weissmann, questions the wisdom of adopting such a precipitous increase:

Yesterday, Murray announced a plan that would gradually raise Seattle’s minimum wage to $15 an hour and tie it to inflation, which won approval from a large committee of business and labor leaders, as well as some city council members. Today, Washington state’s minimum is a comparatively piddly $9.32. read more