January 8, 2018
AWB
   
Fast Facts
Bringing Business Up to Speed
They Said It « All Categories

Mounting costs for employers

"If you look at the broad picture, new Labor and Industries rates go into effect, the new unemployment rate. It's small increments of increase, but added together they make a lot. It's a constant drain, there's more and more costs." ~ Bob McEndoo, co-owner of Gepetto's Italian Restaurant in Montesano, about the new $11.50 minimum wage and other increasing costs on employers.




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Don't Spend Rainy Day Fund


Washington's debt level a cause for concern

By The Editorial Board of The Walla Walla Union-Bulletin

... Washington state Treasurer Duane Davidson has urged lawmakers and the governor to keep their hands off the state's rainy-day fund, noting that we are in an economic expansion, which is the time to be saving, not borrowing.

With that, we heartily agree.

Read the full editorial in The Walla Walla Union-Bulletin
Fiscal Restraint


Our Voice: It's not raining hard enough to dip into state reserves

By The Editorial Board of The Tri-City Herald

The state's rainy-day fund is supposed to grow when times are good so there is money available when times are tough.

A simple enough plan to understand, yet apparently difficult for some lawmakers to follow.

Gov. Jay Inslee's budget includes taking money from the state's emergency reserves to help pay for teacher salaries in the 2018-19 school year, but we think this would be a mistake.

The legislative session begins Monday, and we advise the Legislature to find some other way to meet its obligation to public education without "borrowing" from reserves...

Read the full editorial in The Tri-City Herald
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