
“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
Related posts:
Bitcoin Exchange Berlin to Open on Saturday, June 29
California City Retreats From Red Light Camera Referendum
Lyn Ulbricht: The Far Reaching Impact of the Silk Road Case
Marc Andreessen: “The world is going to see an explosion of countries”
Children 'Traumatized and Re-Traumatized by Drones' in Yemen
The Consequence of Complacency Is Catastrophe
Obama called "war criminal" & "hypocrite of the century" in Irish Parliament
Israel Names Chairman of JPMorgan Chase International the New Central Bank Chief
Latin America Says ‘Adiós’ to the Populist Left
Puerto Rico as an Alternative to Renunciation
Obama Narrows Field for Fed Chairman to 3
Inside the Incredibly Repellent Mind of a Bureaucrat
China Banking Regulatory Commission: "No plans against Bitcoin"
California Court Overturns 'Overly Lenient' LAPD Vehicle Impound Policy
$200 to set up a lemonade stand in Illinois is 'insane': senator