It's just going to be that much harder to get some authentic Seattle salmon. Due to the city's minimum wage hike that's set to slam the city April 1 (April Fools!), Seattle restaurants are closing because they can't pay workers the $15 an hour minimum wage. Seattle Magazine reports, "Washington Restaurant Association's [Anthony] Anton puts it this way: 'It's not a political problem; it's a math problem.' He estimates that a common budget breakdown among sustaining Seattle restaurants so far has been the following: 36 percent of funds are devoted to labor, 30 percent to food costs and 30 percent go to everything else (all other operational costs). The remaining 4 percent has been the profit margin, and as a result, in a $700,000 restaurant, he estimates that the average restaurateur in Seattle has been making $28,000 a year." While restaurants are not the economic lifeblood of any city, a city without good food is tasteless. This is a tangible example of what's happening to Seattle's economy with a government-mandated wage. More...
Seattle Eateries Are Dying and Minimum Wage Killed Them
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