Comments by "Dennis" (@Dennis-nc3vw) on "Seattle's Kshama Sawant: How $15 Minimum Wage Spread Like WILDFIRE" video.

  1. That's not a coincidence. Higher wages means higher rents. Why do you think a studio apartment in Manhattan is $3,000?
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  2. Seattle is a wealthy city. Once I see Seattle survive a $45 minimum wage, then I'll consider waging minimum wage to $15 for the whole country.
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  3.  @andrewzcolvin  Look up the 2019 Tax Foundation's study on Purchasing Power by State. It's absolutely true.
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  4. The 2019 Tax Foundation study on Purchasing Power by State tells you all you need to know about minimum wage.
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  5. There is no such goddamn thing as a living wage. The price of labor effects the price of everything. When I lived in Connecticut back when their minimum wage was still $7.25, a studio apartment in Bridgeport was $500. A studio apartment in Stamford was $1200. Why? Because wages were higher in Stamford. Now they've instituted a $12 minimum age. Good luck finding a $500 apartment in Bridgeport now. I mean to be fair I do see an offer for rented space in a house: $650 a month for a luxourious 280 square feet of living space. Raising minimum wage also means raising the wages of all the people in the sectors of the economy the poor rely on the most (7-11, Walmart) which in turns means raising the prices. If providing a "living wage" is so easy, you do it. Start your own business. Christ alive for 99% of human history we believed the kind of lifestyle we call "a living wage" today was reserved for the gods on Mount Olympus. In 1950 the life expectancy was 65 and the average family spent 30% of their income on food but we call those "the good old days." Prosperity like that isn't something anyone can whip up at a whim.
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  6. Because the price of EVERYTHING comes back to labor. The higher the minimum wage, the higher the minimum rent.
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  7.  @austinhernandez2716  Look at the 2019 Tax Foundation Study on Purchasing Power by state. Then look at the minimum wages of each state.
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  8. There is no such goddamn thing because the price of everything changes with the price of labor. Why do you think a studio apartment is $3000 a month in Manhattan?
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