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PragerU: Five-Minute Videos

Minimum Wage Cost Me My Job

PragerU: Five-Minute Videos

PragerU

Non-profit, Self-improvement, Education, Business, History

4.76.8K Ratings

🗓️ 13 July 2020

⏱️ 5 minutes

🧾️ Download transcript

Summary

What happens when politicians decide they are in a better position than business owners to know how much workers should be paid? We don't have to guess. Cities like Seattle and New York have already done so with their $15/hour minimum wage mandates. Simone Barron, a lifelong restaurant worker, recounts how "helping" her impacted her wallet, her career, and her life.

Transcript

Click on a timestamp to play from that location

0:00.0

Like the fair-minded progressive that I was, I thought a $15 minimum wage was an absolute good.

0:07.0

Then, I had a head-on collision with reality.

0:11.0

It's a funny thing about reality. It just is. You can't wish it away.

0:16.0

So here is my cautionary tale.

0:19.0

For over three decades, I had a good job working as a server.

0:23.0

I have worked in some amazing award-winning restaurants in Seattle.

0:28.0

I enjoyed the work, met wonderful people, and I was making really good money.

0:33.0

I wasn't making much per hour, that's true.

0:36.0

But in my business, the magic is in tips.

0:39.0

On a typical night, I would make on average $25 to $50 an hour.

0:44.0

Believe me, I earned it. I took pride in my work.

0:47.0

I wanted every dining experience to be a memorable one for my guests.

0:52.0

I also loved my job for this reason.

0:55.0

I had flexibility. I could plan my work schedule.

0:59.0

That was very important to me because I had a growing son.

1:03.0

It was a good life.

1:05.0

Then, in 2015, the Seattle City Council raised the minimum wage from $9.47 to $15 an hour, a 58% hike.

1:15.0

Great for the working stiff, right?

1:18.0

Well, hang on, because here comes Mr. Reality.

1:22.0

The business owner, the person who signs the checks, has to find a way to pay for this massive new expense.

1:28.0

For Walmart or Microsoft or a large restaurant chain, this might not be a problem.

1:34.0

For a local restaurant owner, it's a nightmare.

...

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