Minimum Wage Protests Have Collapsed For This Crazy Reason

Minimum Wage Protests Have Collapsed For This Crazy Reason
By Fibonacci Blue [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
The Fight for $15 minimum wage campaign appears to have collapsed. After tens of millions of dollars were pumped into it by labor unions, specifically the Service Employees International Union (SEIU), the workers that this movement attempted to energize with the promise of higher wages are just not enthused anymore. In fact, what Seattle, which passed a phased-in $15/hour minimum wage law, has shown is that such wage increases led to fewer job opportunities, fewer hours worked, and less money to take home. It reduces wages earned. In New York, the results have been the same, fewer hours worked, less money taken home. Around 1,000 restaurants have closed due to the increased overhead costs of labor. Even USA Today’s editorial board noted that everyone should tread carefully concerning minimum wage hikes thanks to the results we’ve seen out of Seattle.

“If $15 is too much in Seattle, a booming and wealthy city whose region is home to the likes of Amazon and Microsoft, it is too much elsewhere,” they wrote.

...

Critics say that the decrease points to the lack of enthusiasm among actual employees at the fast food franchises where protesters amassed, as well as the astroturf nature of the campaign. EPI managing director Michael Saltsman said that the movement is "running out of steam" and contrasted the SEIU's investment in the movement to that of the United Food and Commercial Workers union (UFCW) decision to spin off its effort to unionize Walmart in 2015.

Well, here’s to the death of Fight for $15, I guess. 
 Source: Town Hall
Tags: Issues: Feel the Bern, Liberal Loon; Categories:

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