The progressives in charge of the Minneapolis City Council voted Friday to raise the minimum wage to $15 an hour for all employees working in the city. The minimum wage increase will apply to both small and large businesses and will be phased in gradually until 2022.
The minimum wage causes unemployment and hurts small businesses. This ironclad law of microeconomics was reaffirmed — once again — this time by Seattle’s experience with a minimum wage increase. Emerald City employers slashed payrolls, reduced hours, and fired workers.
And that’s such good news for Keith Ellison.
The Minneapolis City Council just approved raising the minimum wage to $15!
That’s such good news, I had to sing a song to celebrate. pic.twitter.com/puxBV8lA7G
— Rep. Keith Ellison (@keithellison) June 30, 2017
University of Washington economists found that the costs of a higher minimum wage to low-wage workers in Seattle outweighed the benefits by a ratio of three to one. Progressives like Rep. Ellison ignore these inconvenient facts, implementing devastating polices while claiming to be a champion of working people.
Talk about playing the guitar while Minneapolis burns.
Author: Chris Pandolfo
Chris Pandolfo is a staff writer and type-shouter for Conservative Review. He holds a B.A. in politics and economics from Hillsdale College. His interests are conservative political philosophy, the American founding, and progressive rock. Follow him on Twitter for doom-saying and great album recommendations @ChrisCPandolfo.