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Cato Podcast

Washington State Eyes Another Minimum Wage Hike

Cato Podcast

Cato Institute

Government, Policy, 424708, Immigration, Defense, Peace, Politics, News, Cato, Libertarian, News Commentary, Markets

4.5979 Ratings

🗓️ 27 October 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

Why is the rest of Washington state considering closing the gap with Seattle's very high minimum wage? Chris Cargill of the Washington Policy Center comments.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Thursday, October 27th, 2016.

0:07.0

I'm Caleb Brown.

0:08.0

The City of Seattle is famous for its very high minimum wage.

0:12.0

Now voters in the state of Washington will

0:14.4

consider hiking the minimum wage and close the gap. Chris Cargill with the

0:18.8

Washington Policy Center discusses some of the lesser known impacts of such a major change in policy.

0:26.4

What drove Seattle in particular and what is driving now Washington more broadly to raise a minimum wage to the highest in the

0:36.4

country? Sure well we already had one of the highest minimum wages in in the

0:40.5

country and it automatically goes up each and every year at 947 an hour right now

0:47.0

and based on an initiative that we passed in the late 1990s.

0:50.7

Washington State's minimum wage is based on a consumer price index in

0:56.1

Seattle and it automatically increases each and every year based on that and

1:01.6

that's troubling for many folks in the eastern part of the state

1:04.9

and rural parts of Washington state. And I think the people of Washington state decided that

1:12.4

they were going to base that a minimum wage on a

1:15.1

number of different factors but decided it was fair to just have it automatically go up each

1:19.0

and every year based on that CPI P. I.

1:22.8

Over the past few years the conversation in the Seattle area in particular has been kind of the conversation

1:28.4

that has unfolded in the Bernie Sanders wing of the Democratic Party that it's fair to go up to a higher minimum wage

1:36.4

in the 12 to 13 to 14 maybe even $15 an hour and it's particularly Kishama Samuant and her group,

1:45.0

Koshama Samuant is a Seattle City Council member,

1:48.0

pushed over the past couple of years

...

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