Seattle's minimum wage leads to business closure
PJ Media: ... "Previously, if an employee earned at least $2.72 per hour in medical benefits or tips," Fox 13 Seattle reported, "a business could pay its workers $17.25 per hour." As of New Year's Day, all the exceptions and exemptions are gone. Seattle's new no-excuses minimum wage is now a payroll-busting $20.76 an hour. Bebop Waffle Shop threw a big party on Dec. 31 and permanently locked its doors on Jan. 1. My shocked face was last seen sipping a brandy by the fire and reading a dog-eared copy of Milton Friedman's "Why Government Is the Problem." That's my amusingly wordy way of saying that I totally believe it happened. The local diner's finances were already suffering due to inflation and lower downtown foot traffic. It was against this economic backdrop that the city chose to impose a 20% pay hike on restaurant workers because politicians put moral preening and virtue signaling ahead of any other considerations. Then there...