Want to create an interactive transcript for this episode?
Podcast: Cascade CounterPoint
Episode: Minimum wage increase hurts Oregonians
Description: On July 1st, the Portland area’s minimum wage will increase from $12.50 per hour to $13.25. This wage increase is part of a multi-year phase-in of Oregon’s three-tiered minimum wage law, passed by the State Legislature in 2016.
Andy Ricker, Michelin star chef and owner of Portland’s Pok Pok restaurant, foresaw the adverse effects of raising the minimum wage in 2016 when he told the Portland Business Journal that three of his restaurants would close partly due to the hikes in the minimum wage.
Four years later, his prophecy came true—and then some—with an Instagram...