Seattle’s Minimum Wage Killed the ‘Five-Dollar Footlong’

“Sadly, the consequences of high minimum wages, excessive taxation, and mandate-happy public policy are not limited to the death of cheap sandwiches. The cost of doing business in Seattle is higher than the Space Needle, and the unintended consequences of those policies are piling up too.  Seattle’s city government might claim that it’s looking out for workers’ best interests by mandating higher wages and other benefits. But if the cost of doing business continues to climb, workers will be hurt, not helped. The end of the five-dollar footlong is likely only the beginning.”

Read more: http://reason.com/blog/2018/01/10/seattles-minimum-wage-killed-the-five

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