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Seattle's minimum wage hike triggers another wave of restaurant closures

https://sharesplosion.com/seattles-minimum-wage-hike-to-20-76-triggers-another-wave-of-restaurant-closures/?fbclid=IwY2xjawI8NBVleHRuA2FlbQIxMAABHea3eBZzLlxonIbO8udwQUd4BF4Pc29s_rfYWinejPBgiQ6BfC8dPvD4AQ_aem_6e3vZ_NV0gXZKRXdWvh0vg

Seattle’s Minimum Wage Hike To $20.76 Triggers Another Wave Of Restaurant Closures

Seattle’s progressive experiment with a $20.76 hourly minimum wage is wreaking havoc on the city’s small businesses. Within days of the new law going into effect, at least five beloved eateries have closed their doors, with the local hospitality industry warning that more closures are imminent in 2025.

For many, this wage hike—combined with skyrocketing costs of doing business in the city—is the final blow. The owner of Bel Gatto Bakery in West Seattle posted a heartfelt sign on its door announcing its closure after less than a year in business.


It's like Ron White says.

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But remember, they're blaming the small business owners, not the wage increases
Reason10 · 70-79, M
@NativePortlander1970 @NativePortlander1970

That is about as ignorant as it gets. A small business cannot stay in business if labor costs are too high.
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@Reason10 They love to spout how nobody should be in business if they cannot pay their employees a "living wage".
@Reason10 I am more partial to fair trade as free trade is what was behind Klintoon's NAFTA and Barry's TPP.
Reason10 · 70-79, M
@NativePortlander1970 Free trade does sound like such a lovely, lofty LIBERTARIAN virtue, (at least the libertarians of the early 90s, before the party became a giant stoner fest.) It's kind of like leaving your house and car unlocked because you can trust everyone in the world not to come in and rob you.

What makes President Trump so unique is the idea that he thinks in terms of the rest of the world following the same international trade laws that the United States follows. If Canada is going to level 250% tariffs on the United States, Trump will not just let this country bend over and take it in the ass.
Reason10 · 70-79, M
@NativePortlander1970 They love to spout how nobody should be in business if they cannot pay their employees a "living wage".

That is because they've never been in business.
@Reason10 Exactly, they refuse to understand that wages are on average 70% of all overhead.