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Nancy Pelosi's 'vital step towards progress' falls on its face: Seattle's minimum wage increase 'shuttering' businesses

Last June, Nancy Pelosi praised the city of Seattle for taking a “vital step towards progress” by raising the minimum wage to $15 per hour. The increase is set to kick in on April 1st.

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Anybody with a realistic grasp on economics could have predicted what would happen next:

https://twitter.com/SonnyBunch/status/576759884017999873

A recent story at SeattleMag.com cites the minimum wage increase as one possible reason “so many Seattle restaurants are closing lately”:

In the article, the acknowledgement that the minimum wage increase could be a factor in businesses closing wasn’t mentioned until after all other possible explanations were exhausted:

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https://twitter.com/JohnRJacobsJr/status/576759641511620608


https://twitter.com/GSloanMDK/status/576779967880560643

Progressives will likely cite business owner “greed” as the culprit.