Did you see these two stories in the news this week
First the business press reported that the SeaTac hotel industry is booming:
And then came word of a near-record-low 2.9% unemployment rate in Seattle as the $15 minimum wage phases in:
So uh yeah at this point I’m thinking it’s pretty safe to conclude that all those Chicken Little predictions were wrong.
And that puts the sky-is-falling crew in a bit of a bind.
They’re not going to stop fighting against higher wages just because they’ve been wrong for more than a hundred years. (It’s basically their job, after all.)
But they must know they’re running out of options here. Which raises a question:
At this point, the doomsday arguments have been consistently wrong for more than 100 years of rising labor standards. So it’ll be…interesting…to see what they come up with next.
Sage, Working Washington