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bopinion's profile
Bloomberg Opinion
Bloomberg Opinion
Bloomberg Opinion
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@bopinion

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Bloomberg OpinionVerified account

@bopinion

Opinions on business, economics and much more from the editors and columnists at Bloomberg Opinion.

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bloomberg.com/opinion
Joined December 2010

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    Bloomberg Opinion‏Verified account @bopinion 27 Dec 2018

    Seattle's $15 minimum wage was supposed to crush hiring. Look at what happened instead https://bloom.bg/2EPA2LD pic.twitter.com/Pj6ArAxrHH

    10:11 PM - 27 Dec 2018
    • 4,612 Retweets
    • 7,804 Likes
    • Struggling Millennial Edward Sarrain 🇩🇴 mdubore Lissa "South Of Sunset" Boselyn FTW! Rainbow dayanidhi urmaliya GracefulGeek
    272 replies 4,612 retweets 7,804 likes
      1. This Tweet is unavailable.
      2. k is really tired‏ @KestFatigue 27 Dec 2018
        Replying to @Strong0pinions @bopinion

        I live in Seattle. Chart or no chart. Restaurants are continuing to open and businesses are thriving.

        0 replies 0 retweets 1 like
      3. End of conversation
      1. New conversation
      2. The Free Market Economist‏ @cpklapper 27 Dec 2018
        Replying to @bopinion

        1. Incidence matters. 2. Exogenous trends. 3. Move to Labor Monopsony, or From Family Restaurant to Mega-Chains. 4. Straw Man overstatement or I, at least, said the effects of minimum wage would be small (1) so easily hidden by (2) and split between income loss and higher prices.

        3 replies 0 retweets 3 likes
      3. Michael Simpson‏ @CaptMalcolm 28 Dec 2018
        Replying to @cpklapper @bopinion

        The minimum wage has been raised 21 times—19 times it was good for the economy, 2 times it was too small an increase to make any difference. It has NEVER done anything close to the doom & gloom prophecies of the conservatives.

        4 replies 3 retweets 45 likes
      4. End of conversation
      1. New conversation
      2. New Constitution party‏ @Dajo92 28 Dec 2018
        Replying to @bopinion

        When low income people have more money they spend it. They are the true job creators.

        2 replies 6 retweets 66 likes
      3.  ❄️repubs&45out! 🇺🇸 🥀 🌊 🌊 🌊‏ @splashy79 28 Dec 2018
        Replying to @Dajo92 @bopinion

        Yes, they are the beating heart of the economy, pumping the life blood, the money, to all sectors, stimulating all the businesses and services. They don't siphon it off by saving or investing in things like the stock market, which bleeds the economy dry.

        0 replies 1 retweet 1 like
      4. End of conversation
      1. New conversation
      2. Nikki Baeley ➐‏ @NikkiBAEley 28 Dec 2018
        Replying to @bopinion

        Tacoma and Bellevue, which do NOT have a $15 minimum wage, have been included in this chart. Where is the Seattle-only chart?

        5 replies 1 retweet 16 likes
      3. achena2‏ @achena21 28 Dec 2018
        Replying to @NikkiBAEley @bopinion

        Still in denial, eh?

        2 replies 0 retweets 3 likes
      4. End of conversation
      1. New conversation
      2. Jay Frosting  🧁‏ @JayFrosting 28 Dec 2018
        Replying to @bopinion

        You forgot to label the axes.

        1 reply 0 retweets 14 likes
      3. Irredeemable Ant-Man‏ @IllflexMyears 28 Dec 2018
        Replying to @JayFrosting @bopinion

        Thank you! It looks like food service workers are making $150k/yr in 2018!

        2 replies 1 retweet 7 likes
      4. Show replies

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