Yes, God. is God

never to.

has been making a foray into experiments with the minimum wage.

Seattle is not the only place doing it, a number of into experiments with the minimum wage.

Seattle's not the only place doing it.

A number of municipalities have attempted to do this.

And they have been astonished, surprised at the results.

And this is something that ought not to have astonished them.

They ought not to be surprised because, I mean, think about it for a minute.

If you have someone in, let's say the fair city of Seattle,

who for various reasons, inexperience, lack of ability, whatever,

has a skill set that is not worth very much.

Let's say the most this person can do is sweep out a warehouse. He can handle a push broom and he's willing to,

he's willing to sweep out the warehouse.

But having that warehouse swept out is not worth to the owner of the warehouse, not or to the owner of the company, it is not worth $15 an hour.

The owner would sweep out the warehouse himself rather than pay that.

So you've got someone who let's say whose skill level is at he's worth maybe $7 an hour let's say.

In other words if he came knocking on the owner's door and said

hey listen I will sweep out your warehouse every day at the end of the work day and the the

owner says oh what are your rates what do you what would you charge for that and the

guy says seven dollars an hour. And the owner thinks, you know, at that rate, I can, yeah, I can do that. And he

hires the guy to sweep out his warehouse. If some well-meaning politicians come along

...