Thursday, July 06, 2017

The Show Me Salary

Missouri becomes the latest state to lower its minimum wage:
“Our state needs more private sector paychecks and bigger private sector paychecks,” Greitens said in a statement. “Politicians in St. Louis passed a bill that fails on both counts: it will kill jobs, and despite what you hear from liberals, it will take money out of people’s pockets.”

The move comes on the heels of a study that found that Seattle’s minimum wage hike actually hurt the people it was supposed to help, costing minimum wage workers an average of $125 per month, or $1,500 per year.

The St. Louis city government had passed a law raising its minimum wage to $11 starting in January 2017, but the new state law would nullify that increase as well, according to Fox 2 Now St. Louis.
The wages of economic reality...

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