Quote:In Drifter's defense, I did see this article from KIRO TV in Seattle this morning.

 

Now put in proper perspective, I wouldn't call the people that are requesting fewer hours to remain on subsidies "leeches".  I do believe that this highlights an even bigger issue/problem, especially in places like Seattle.  Instead of being given a "hand up" these people are continuing to receive "hand outs".  This illustrates the consequences of government getting involved in business when they shouldn't.

 

I haven't seen much regarding businesses closing as a result of the higher minimum wage in Seattle, but I have seen cases where businesses are raising prices.  That's going to affect not only the workers and business owners, but also the consumers.

 

I sincerely doubt that many business raise their prices as a result of rising cost.   That's not the way the marketplace works.  Generally speaking, businesses raise their prices because they can.   Not because they have to.   Look at it this way: if a business can raise their prices for ANY reason, why wouldn't they do so?   Wouldn't they want to maximize their profits?   They don't need to justify it by citing rising costs. 

 

If I go to a restaurant and find out that the Lasagna now costs $20 when it used to cost $12, my decision to buy is not based on anything but whether I want to pay $20 for that lasagna.   It has nothing to do with whether the restaurant owner now has to pay more for his labor.  That's his problem, not mine.  

 

It's like when people say high NFL ticket prices are a result of high player salaries.  That is not true.  NFL ticket prices are based on what people are willing to pay for tickets.  It's the same with lasagna in a restaurant.   The price of the lasagna is based  on what people are willing to pay for it. 

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