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posted by n1 on Thursday June 05 2014, @11:18AM   Printer-friendly
from the will-code-for-gold dept.

The NYT reports that in a unanimous vote, the Seattle City Council went where no big-city lawmakers have gone before, raising the local minimum wage to $15 an hour, more than double the federal minimum, and pushing Seattle to the forefront of urban efforts to address income inequality. "Even before the Great Recession a lot of us have started to have doubt and concern about the basic economic promise that underpins economic life in the United States," says Council Member Sally J. Clark. "Today Seattle answers that challenge." High-tech, fast-growing Seattle, population 634,535, is home to Amazon.com, Zillow, and Starbucks. It also has more than 100,000 workers whose incomes are insufficient to support their families, according to city figures and around 14% of Seattle's population lives below the poverty level. Some business owners have questioned the proposal saying that the city's booming economy is creating an illusion of permanence. "We're living in this bubble of Amazon, but that's not going to go on," says businessman Tom Douglas. "There's going to be some terrific price inflation."

 
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  • (Score: 2) by khallow on Thursday June 05 2014, @02:08PM

    by khallow (3766) Subscriber Badge on Thursday June 05 2014, @02:08PM (#51682) Journal

    And if it does prove true (like, I might add, it has in the past), will you change your opinion? I notice people haven't in the past been able to connect the dots between minimum wage, and massive unemployment in inner cities and among young adults.

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  • (Score: 4, Interesting) by c0lo on Thursday June 05 2014, @03:46PM

    by c0lo (156) Subscriber Badge on Thursday June 05 2014, @03:46PM (#51749) Journal
    Ummm... pardon me? Speaking about not connecting the dots: the experiment was performed and the result seemed successful. Even more, happened during the Great Depression [informationweek.com].
    --
    https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
    • (Score: 2) by khallow on Thursday June 05 2014, @09:03PM

      by khallow (3766) Subscriber Badge on Thursday June 05 2014, @09:03PM (#51910) Journal

      Read your link. There's nothing there about a minimum wage. Further, that story shows that those workers wanted to work longer hours in the end. Reading between the lines, the fact that both employer and employees wanted the shift to 40 hour work weeks indicates to me that even that longer work week was probably more productive for the employer as well.