A story today in The News Tribune demonstrates how the free market works and why government does not need to control the wages a business pays its workers.
Torklift International, a manufacturer of recreational vehicle parts and accessories in Sumner, has decided to raise the wages of its 55 employees to $15 an hour. The company made this decision voluntarily, because it was a good decision for their business.
A study released by the respected Tax Foundation last week ranks Washington among the top 10 most expensive states in which to live. The study calculates the real buying power of $100 in each state to measure the true cost of living.
Yesterday Congressman Sam Graves (MO), who chairs the Committee on Small Business in the U.S. House of Representatives, sent a letter to the Small Business Administration’s Office of Advocacy asking the agency to study the “rise of occupational licensing across states and the economic effects of licensing on entrepreneurs and would-be entrepreneurs.”
Advocates of a higher minimum wage have seized onto new data from the Department of Labor showing higher than average job growth in states that increased their minimum wage this year. According to the DOL data, 12 of the 13 states that increased their minimum wages at the beginning of this year averaged slightly higher job growth (.85%) from January through June than the 37 states whose minimums did not increase (.61%). Minimum wage supporters say this pro
According to small business owners, Washington State’s already difficult business climate is getting worse.
The third annual Thumbtack.com Small Business Friendliness Survey asked more than 12,000 small business owners across the nation to rank state and city friendliness to their business across various categories, such as the cost of hiring a new employee, tax burden, regulations, and licensing requirements.
Last week the U.S. Supreme Court ruled that Illinois home health care workers cannot be forced to participate in a union or pay “agency fees” or union dues. In Harris v. Quinn, SCOTUS ruled those workers are “partial public employees” and are not subject to a law that allows public sector unions to collect mandatory union dues, or agency fees, as a condition of employment.
Today Fox News aired a story discussing the dramatically increased fish consumption rate that will soon be adopted by the Washington state Department of Ecology (DOE). The story included comments from the Washington Policy Center, which began researching and commenting on the fish consumption issue in 2012.
Seattle Mayor Ed Murray has unveiled a series of proposals to reduce crime in the city. Calling it a “crisis of confidence” in public safety, Murray identified the city’s high youth unemployment rate as a contributing factor to crime.
Today The Seattle Timesfeatured business owners who are grappling with how to deal with Seattle’s new $15 minimum wage law. While sobering, none of the business owners’ reactions to the mandated high wage are surprising.
The owner of a small, family-run hotel said he plans to raise room rates and reduce workers’ hours (but not their job duties):
An organization representing small business owners in Seattle has filed a charter amendment to undo the City’s recently passed $15 minimum wage law and replace it with a less aggressive and less complicated minimum wage increase.
Today the International Franchise Association filed a lawsuit asking a court to block implementation of Seattle’s newly passed $15 minimum wage law. The law received unanimous support from the Seattle City Council and is scheduled to go into effect April 1, 2015.
Everyone is predicting what the real world impact of Seattle’s newly passed $15 minimum wage will be. The truth is there will not be a mass exodus of businesses from the city, nor will the economy crash.