Ross Reynolds talks with University of California Berkeley economics professor Enrico Moretti, author of “The New Geography of Jobs,” about how the Seattle area can avoid the growing pains of a booming economy like unaffordable housing and traffic gridlock.
Moretti says improved mass transit it a key because it helps low income people get to jobs. Moretti also says Seattle’s $15 minimum wage will help mitigate the higher prices that come with growth, but he’s confident that growth will eventually lead to higher wages for everyone too.