Quote:
Originally Posted by ted08721
This story, which originally ran in the Puget Sound Business Journal, titled: “Apocalypse Not: $15 and the cuts that never came.” Tom Douglas, a small business owner who feared that he would be negatively affected, and that a lion share of restaurants would have to close, is profiled now that the hike has had time to settle. “I don’t know that [a $15 minimum wage] would put us out of business, but I would say we lose maybe a quarter of the restaurants downtown.” His fears have no grounding in reality, as the article points out.
The Numbers Are In: After $15 Minimum Wage, Seattle’s Restaurants Are BOOMING |
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I don't get the part of the story where it talks about permits as proof of restaurant openings?
It says there were 5,415 permits issued in 2013, 5,458 issued last year, and 5,227 this year, so therefore business is booming?
I don't think they realize that every restaurant needs to get a permit, not just new ones. Perhaps they are thinking it is only October, so another 1,000 permits will be issued? But, like most counties, King County sets a deadline early in the year (April 1) for permit renewals, creating a huge rush of permits in those months and a slow trickle afterwards. For example, the food inspection list posted online by King County (data.kingcounty.gov) shows not a single new permit inspection in Seattle for October.
(This also means that any restaurants that did close had their permit for the year before the minimum wage ordinance was passed. So next year's permit renewals will be a far better indication than this year's renewals. Restaurants who close during the year are likely not subtracted from the permit totals. But restaurants that are _sold_ have to get a new permit issued, so a sold restaurant would actually inflate the total.)