BREAKING: Seattle City Council votes unanimously to approve a $15hr minimum wage!!!!

So you were employing three extraneous people? Very nice, but not very good business sense.

hope they also borrowed a few billion for the newly unemployed.

what do you get for that? Town house? or low class city block?

WOW!! 15 bucks an hour, and pot is legal too??? Get ready for the thundering herd!!!!!

I live in Seattle and this is what will happen. Those businesses will layoff people and make the remaining work harder. It will be a wash for the business owners and half the minimum wage employees will lose their job. I am neither for or against the measure but when a mandate is placed on businesses they adapt to benefit themselves.

that's in the ritzy areas like queen Ann hill, etc. town houses or upper middle class 1 and 2 bedrooms

This will sweep across the nation. We will also see the tide turning in regards to corporate profits. Corporations will start to become ethically conscious....it will not happen overnight, but it WILL happen. The future is brighter for everyone in a more ethical society where living wages will be available to all. Let the naysayers preach their doom and gloom scenarios...it will be better for ALL!

LOL@ the thought of hyper-inflation not happening.

Wages have not kept pace with inflation for many, many years. If wages increasing results in hyper inflation, that would only serve to showcase the pathetic nature of our system and the greed at the top.

Glad I am moving out of the Seattle area!!! Effin Morans!!

Which is painfully obvious to those willing to see it. Most people just go "man the economy is rough"

15.00 per hour is great on the surface....but people who worked for 7.50 p/hr and received perks are going to suffer the most.
I'll bet hotel employee will now be forced to pay for parking and some might need to buy their own food.
I wouldn't be surprised to see benefits that were once paid by the companies, I.E. health care, dropped...I'm sure other items like 401k and other pension benefits will be gone.
While this might hurt mom a pop stores, this is a bonanza for the bigger corporations..
most people don't fact in addition cost into their paycheck but on average, a company pays about 40% above and beyond the normal salary (larger companies). When you factor in various perks, these employees will lose.

I remember hearing that certain fast food companies would provide a meal for employees during their shift, I wouldn't be totally surprised that they will now be forced to pay for it themselves.

A can of hurt was ratified...looks great on the outside but it will hurt long term.

Here is a one bedroom for $2120 a month

[link to seattle.craigslist.org]

I wonder who has the money to afford that if wages are so low. /sarc

You are getting robbed.