A month ago, Seattle made the news when it passed a “head tax” aimed at helping the homeless. Approximately 500 businesses would be forced to pay $0.14/employee hour to the city. Of course Amazon and Starbucks and the other businesses objected. They also let their objections be known in ways that had the potential of impacting the city’s bottom line. It quickly became a question of who would blink first. That sound you heard yesterday was the sound of economic realists around the country laughing in triumph as Seattle’s city council blinked and repealed the tax.