Re: “Wage standard for Seattle delivery drivers at an impasse” [July 10, Business]:
Our Seattle Metropolis Council usually makes an attempt to impose synthetic guidelines on the native economic system. The U.S. economic system runs on a free market. If supply wages are too low, then there is not going to be sufficient drivers and eating places/apps should pay extra to retain them. If supply wages are too excessive, then there can be fewer orders, and fewer drivers wanted till the market finds the proper stability.
The great thing about the free market is that it’s self-correcting. Imposing synthetic legal guidelines onto the market will all the time have unintended penalties. And, to make issues worse, our council isn’t made up of certified economists. So in fact they made a large number of issues with the brand new supply driver wage legislation, and now they are going to impose extra guidelines to right the sooner rule, and the mess will continue to grow.
Michael Kovacs, Seattle