Does CBO underestimate job losses caused by minimum wage increase? Former Labor Dept. chief economist thinks so.
People – and by people I mean pundits and economists – can’t seem to quit talking about the CBO minimum wage report. Diana Furchtgott-Roth, former chief economist of the U.S. Department of Labor, has one of the tougher takes on the analysis. In Market Watch, she suggests that CBO seriously underestimates the job losses that […]
24th of February 2014
A must-read column examines the $15 minimum wage from the perspective of a small restaurant owner who opposes it
Danny Westneat’s column in Sunday’s Seattle Times should be required reading for anyone concerned about the impact of a $15 minimum wage on Seattle businesses. I can’t do it justice in this post and encourage you to click through and read it now. He frames the column around restaurant owner John Platt, whom he describes […]
17th of December 2012
Washington slips to 11th place in Forbes business climate rankings
Last week Forbes released its annual list of the best states for business. Washington fell out of the top 10, coming in at No. 11 for 2012. We’ve been sliding since ranking No. 2 in 2009. As we’ve written before, it’s a mistake to assign too much weight to any of these things. There’s always […]