Apr 2, 2014
commented on Your Favorite Indie Shop Is Out of Business if $15-an-Hour Happens
First, let me state that I am pro $15/hr. Having said that, let's do some simple math. If you pay your employees $11/hr and you have 120 hours that you assign to various employees, your total costs for wages are $1320 (I'm leaving out taxes, L&I, etc., just to make the math simpler.) If you raise the minimum wage to $15/hr, the wage cost goes to $1800. (I'm using real life hours and wages from a small business where I work.) My calculations show that's a ~36% increase in wage cost. WHOA. But wait... the difference is $480. I can't tell you here what that is %-wise in regard to profit, but I can tell you it's less than 5%.
Mar 21, 2013
commented on Shock Value
Where is the evidence that Douglas Pearce is a known Nazi sympathizer? I'm not seeing it.