The CEO of CKE Restaurants, which runs 2,000 restaurants nationwide, published an outstanding editorial in the Wall Street Journal last weekend that explains why a government mandate increasing the minimum wage is bad for employers and workers.
Yesterday Governor Inslee held a general press conference where he discussed the economic state of Washington and the ongoing effort to fund education to satisfy the state Supreme Court’s McCleary decision.
In a new twist, the Governor blamed the state’s failure to fund education to the Court’s satisfaction on too many workers in our state earning the state minimum wage of $9.32 an hour. This is the highest minimum wage of any state in the nation.
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.