October 25, 2013 at 11:24 AM
$15 minimum wage will increase business
Cheap minimum wage isn’t the solution
The headline of Bruce Ramsey’s opinion piece, “A $15 minimum wage won’t help you land your first job” [Opinion, Oct. 23] sums up his position.
And if it is restricted to SeaTac, he is right. But he is extrapolating to the broader market, so I am going to do the same and assume that $15 is widely adopted as the minimum wage.
He is probably right that some kids would get fired. But a lot of people would be kept on at the higher salary. This would put a lot of money in their pockets. And unlike “job creators,” people on the lower rungs of the economic ladder spend what they make immediately and locally. This would result in more business at Mexican restaurants, Target, car dealerships and a lot of other places.
That means more employment at car businesses, retailers and Mexican restaurants. He was canned because there was not enough business to justify his cost. And that’s the point.
A lot of the reason the economy is so weak is because the middle class and poor people don’t have enough money to spend to keep employers busy so they employ fewer workers. Employers will hire teens if they need the work done, can’t find more qualified employees and won’t let a $15 minimum wage get in the way. If a cheap minimum wage was the solution, we wouldn’t see as many kids out of work as we do now.
Patrick J. Russell, Seattle
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