It is one thing to fail to recognize the future effects your actions will have. Many of us are shortsighted this way, especially when it is something about which we feel passionate. It is a whole different thing to ignore all expert advice and moved forward contrary to what we hear.
No one should be surprised that the Liberal Left has done this in Oregon. They have taken their cue from the President and the Democrat-led Congress. If people do not agree with you, just ignore them. There is always the tactic of bullying those who oppose your thinking. Well, now the Dems are unwilling to live with their realized goal.
But before the ink was even dry, Democrats, who control the state House, Senate and governor’s office, announced they wanted to change the bill that was rammed through in a five-week legislative session despite fierce Republican opposition.
Many in the Republican party believe that the Democrats only passed this to appease the unions and the 15 Now crowd. These groups had been clamoring for the wage hike. The legislation would have provided the release of political and activist pressure without going all the way to $15.00 per hour. This legislation also allowed the economy the possibility of catching up with the significant wage hike.
But what they have found out is that the economists were right, and Oregon is heading for a fiscal disaster. With wages going up just to $12.50 rural, the farmers of the state have no chance to compete. And some economists are predicting a massive job loss.
But Oregon Democrats acted before state economists even had a chance to weigh in. Last week, state analysts concluded in a prepared forecast the high wage will “result in approximately 40,000 fewer jobs in 2025 than would have been the case absent the legislation.”
The Dems, to their credit, have admitted their mistake and promise to fix it next year. The problem may be that this fix could come too late for some companies.
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