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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (10429)2/11/2017 6:03:43 PM
From: combjelly  Read Replies (1) | Respond to of 358784
 
Seattle is in a healthy situation economically to begin with

Sure. But that didn't stop people like i-node predicting that disaster was going to strike. Like they always do when taxes and/or the minimum wage gets raised. Which never happens, but a chronic inability to learn seems to be their lot in life.

With such a high wage, the people with the worst skills and attitudes are pushed out of the market completely.They aren't part of the unemployment in the city because they aren't in the labor force in the city, either quitting working for work or in some cases having left the city. And yes most of the jobs, even the low skill/low productivity jobs, that were available before are still held by someone but in a number of cases they would now be held by someone with better qualifications. Some of those people with better qualifications or attitudes may have entered the work force because of the higher wages. So even outside of any possible decline in work force participation you get people who are unemployed because of the increase, even when you don't get unemployment because of the increase.

Numbers. Show me numbers. You are just guessing and have no actual facts backing your guess. Besides, your argument doesn't even make sense. Why does high wages push people out of the job market? How is that supposed to work?