Rush Limbaugh Mar 10, 2021 - podcast episode cover

Rush Limbaugh Mar 10, 2021

Mar 10, 20212 min
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Episode description

So 3 years ago Liberals in Seattle insisted on rising the minimum wage to $15 an hour, business owners and others warn that it would coast jobs and hurt the economy.

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Transcript

Speaker 1

So three years ago, liberals in Seattle insisted on raising the minimum wage to fifteen dollars an hour. Business owners and others warned that it would cost jobs and hurt the economy. Now, a study conducted by economists at the University of Washington confirms what everybody knew except the left. Instead of helping workers, the minimum wage increase hurt them. The study found a dramatic effect on business owners who stopped hiring, They reduced hours for existing workers, and they

let other workers go. The study estimates that the average low wage worker in Seattle lost a hundred twenty five dollars a month due to the minimum wage increase. The losses it caused far outweighed any benefits. And I told you Monday on my show what's happening in McDonald's. Their stock was taking They turned it around when they began installing thousands of robot kiosks to bring down labor costs.

The Kayoks don't demand fifteen dollars an hour. Liberals believe that business owners have piles of cash sitting around unused that can't support the costly policies and the left demands. But it doesn't work like that. Keeping Labor costs under control is crucial to the survival of any business, and knowing what they are. When liberals arrogantly raise those costs arbitrarily, it always hurts the employees. They're the ones that suffer.

But even with this fresh evidence, liberals will never admit that they were wrong. They'll find ways to inflict even more pain on the economy and kill more jobs. That's just what they do when they're trying to help people. M

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