jespear wrote:Seattle Employees Ask for Reduced Hours So That Jacked-Up Minimum Wage Won’t Cost Them Subsidized Housing
By jacking up minimum wage, Seattle has provided a valuable lesson in liberal economics. The plan has now backfired.
Nora Gibson, who is the executive director of Full Life Care, told KIRO 7 she saw a sudden reaction from workers when Seattle’s phased minimum-wage ordinance took effect in April, bringing minimum wage to $11 an hour.
She said anecdotally, some people feared they would lose their subsidized housing so they have asked that their work hours be reduced to remain eligible for all government subsidies.
It doesn’t stop at $11/hour. The law puts it up to $15 starting January 1, 2017, they will have to reduce their work hours even more to remain eligible for handouts. Good thing the minimum wage wasn’t raised even higher, most would not work at all, they prefer to be spoon fed and remain on the government plantation.
Remember free market capitalism? Under that system, the harder and smarter you worked, the higher your standard of living. But that was found to result in income inequality, so now we have a system where wealth is bestowed by bureaucrats, and working harder doesn’t always make sense.
(P.S. This was on Fox News. Food stamps, child care credits, medical care and a few other benefits are also affected. The potential loss of income exceeds the amount of the pay increase.)
I don't know which is worse, Fox publishing this kind of half baked, divisive crap, or the audience swallowing it like Linda Lovelace.
I reckon that the "conclusion" we are to draw from this true crime peice is that minimum wage is bad because the poor are that way by lazy choice and don't deserve a living wage. It even seems to suggest that if wages were higher, people would not work at all. Ah, the "wisdom" of Fox......
Yeah, that's the fair and balanced truth; give 'em raise to $40k a year and they all quit...