Sitting in New Zealand where the minimum wage is set to jump to the US$ equivilant of $12 an hour and reading of recently announced losses of at least 1800 jobs in Idaho, it is obvious you can’t buy prosperity.
It looks like there will be 1600 jobs leaving with the closure of a call center, 200 at the Nampa Simplot plant, and even more if the Air Guard loses the A-10 mission.
New Zealand has an extremely high standard of living, but also high prices–higher than most can afford.
We won’t dazzle you with numbers, but folks in NZ seem to have a much more equal distribution of wealth–fewer rich and fewer poor.
Like Idaho they crave development and seek big companies to locate here. Bottom line, everything is expensive and jobs are tight.
Iin Idaho we need to brace for a bunch of folks on unemployment and future defaults on car and home payments. Attracting business with “incentives” is folly. If they wish to pay a fair wage and full tax rates, welcome to Idaho. If they need welfare, better look elsewhere.
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