Quote:
Originally Posted by pompousjohn
I didn't know it would be gradual, that changes things a lot. But even if it's gradual, most restaurants are opened on credit lines or through investors who are looking for long term profits and certainly didn't count on having to pay $15 per hour in 7 years. I guess if everybody's on the same page then it's just a matter of competing but if it's just within Seattle city limits, it would be a whole lot easier to start from scratch somewhere where labor costs are more in line with the national average.
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But you are missing the part that the places out side of Seattle will have to compete for workers vs Seattle. Why would anyone go to work at McDonald's in the town next to Seattle for $8/hr when they can just go to Seattle and get $15/hr?
You are thinking it only goes one way, but all the wages in that area will increase meaning shutting down to move to the next town over won't really work. They will either learn how to run a business and pay a livable wage to employees or they will go out of business.