In the face of overwhelming evidence that the minimum wage actually worsens, not improves, people’s economic situation, Governor Brown backed off her previous goal of establishing a $15.52 minimum wage, settling for a relatively-minuscule increase of fifty cents for the current one.
“A November report by the Manhattan Institute, ‘Counterproductive: The Employment and Income Effects of Raising America’s Minimum Wage to $12 and to $15 per Hour,’ concludes that raising minimum wages is likely to result in adverse consequences that would lower total national income levels.
‘The earnings gained for those who would keep their jobs would be outweighed by the earnings lost by those who would become jobless,’ the report detailed. ‘As a result, the net income gains tend to be smaller or more negative when using the annual earnings approach than when using the wage approach.’
Facing concerns from the right and the left that her minimum wage proposal was an obvious job killer in Oregon, Gov. Brown blinked on January 28 and has scaled back her proposal to only a $.50 raise per hour statewide July increase, from $9.25 to $9.75-per-hour. The Portland metro area would see an increase in July 2017 to $11.25 an hour, with the rest of the state’s minimum wages rising to $10.25 an hour.
The governor’s proposal tops out in July 2022 at $14.50 an hour in the Portland metro area and $13.25 an hour statewide. From then on, minimum wages would once again be tied to inflation.
It is unclear if the governor’s legislation can head off a statewide ballot measure titled, ‘Oregon $15 Minimum Wage Initiative.’ The initiative is being spearheaded and funded by SEIU Local 503, which represents 55,000 mostly government employees, as well as the Oregon Schools Employees Association, which represents 19,000 unionized teachers.”
Source: Breitbart
Photo: NRCS Oregon
To the American people, we are awake, mass, arm and fight to protection of our constitutional rights of the a 50 states, and the true free people. ..
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She is one more nut
But employers who should pay more won’t and will fall back.on ‘legal allowance’. Givt doesn’t belong in this. They underpay and overtax.
How do yhese knotheads get elected?????????
Businesses will not be able to stay in business. They will just downsize its work force or move elsewhere. If you have minimum skills, you get minimum wages. You need better skills to get more money or you will be replaced by a automatic robot.