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The District of Columbia's city council approved a $15-an-hour minimum wage on Tuesday, a rate adopted by a growing number of U.S. cities and states seeking to battle income inequality.
The council voted unanimously to pass the measure boosting the minimum hourly wage to $15 by 2020, with subsequent hikes tied to inflation. A final vote will come later this month, and Democratic Mayor Muriel Bowser has backed the bill.
Once approved, the U.S. capital will join California and New York in making $15 the hourly minimum. At least eight cities, including Seattle, have also approved the $15 base.
"Raising the minimum wage will help address the issues of residents being pushed out of the District due to rising costs of living and income inequality," Council member Vincent Orange, a sponsor of the bill, said in the hearing.
Read more @: District of Columbia approves $15/hour minimum wage | Reuters
The nation's capital has raised its minimum wage to $15 over a period of 4 years! The first raise of $1 will come July 1. :applaud:applaud A step in the right direction for DC!
Read more @: District of Columbia approves $15/hour minimum wage | Reuters
The nation's capital has raised its minimum wage to $15 over a period of 4 years! The first raise of $1 will come July 1. :applaud:applaud A step in the right direction for DC!
This could be why WAL*MART refused to open there.
I strongly support this. Good on them. I think they should raise it again - to $20, $25, $40 dollars an hour. We shouldn't let people slip into poverty. Since labor is immune to the laws of supply and demand, and economic reality is suspendable when we really super-duper want it to be, we can raise the price of low-value-added labor without reducing demand for it ad nauseum.
The more I think about it, the stingier the OP is. He must hate poor peopleIndeed, why stop at only $15/hour? DC's MW (now $10,50/hour) is about 50% above the federal MW and there are many calls to raise the federal MW to $15/hour. Why doesn't DC just make its MW double (or triple) the federal MW just to be fair? That way the poor in DC will have even less of a chance of getting hired (in DC) since many more from MD and VA will compete with them for these (soon to be) better paying jobs.
Maybe it will help the rampant crime and poverty in east DC.
Read more @: District of Columbia approves $15/hour minimum wage | Reuters
The nation's capital has raised its minimum wage to $15 over a period of 4 years! The first raise of $1 will come July 1. :applaud:applaud A step in the right direction for DC!
Don't you have to have a wage to increase it? LOL
Washington DC just addressed its massive unemployment problem by raising the minimum wage.
Liberalism in full context.
I strongly support this. Good on them. I think they should raise it again - to $20, $25, $40 dollars an hour. We shouldn't let people slip into poverty. Since labor is immune to the laws of supply and demand, and economic reality is suspendable when we really super-duper want it to be, we can raise the price of low-value-added labor without reducing demand for it ad nauseum.
Conservatism in context:
Believing that minimum wage increases have a strong correlation to unemployment rates because their gut tells them to.
You don't think a minimum wage increase limits a small business' ability to hire?
Proof that liberals aren't entrepreneurs. Just sycophants.
On the macroeconomic scale it doesn't appear to do that, no.
I strongly support this. Good on them. I think they should raise it again - to $20, $25, $40 dollars an hour. We shouldn't let people slip into poverty. Since labor is immune to the laws of supply and demand, and economic reality is suspendable when we really super-duper want it to be, we can raise the price of low-value-added labor without reducing demand for it ad nauseum.
Indeed, why stop at only $15/hour? DC's MW (now $10,50/hour) is about 50% above the federal MW and there are many calls to raise the federal MW to $15/hour. Why doesn't DC just make its MW double (or triple) the federal MW just to be fair? That way the poor in DC will have even less of a chance of getting hired (in DC) since many more from MD and VA will compete with them for these (soon to be) better paying jobs.
Conservatism in context:
Believing that minimum wage increases have a strong correlation to unemployment rates because their gut tells them to.
Why would those rates be bad?Hyperbolic slippery slope fail #1
I think the marginal employees that you could take a chance on at minimum wage, or just above, will now become too expensive to mess with. I'd bet the labor market becomes a lot more competitive, and the ones clamoring the loudest for $15 an hour will be the ones on the outside looking in.You don't think a minimum wage increase limits a small business' ability to hire?
Proof that liberals aren't entrepreneurs. Just sycophants.
Let's not play the 'studies show ' game. We all know liberals and conservatives can dig up numerous studies to support their point of view. However, most studies evaluate small or modest increases. very little ,if any research has been done on wage hikes of this magnitude.
SO what does your common sense say?
If a business has to pay significantly higer wages, well they be
A) more likely
B) Less likely
to hire or keep min. wage workers?
Maybe it will help the rampant crime and poverty in east DC.
More money for them to buy nicer guns and cars for more accurate drive by shootings?
That would reduce casualties among bystanders. Win win!
On the macroeconomic scale it doesn't appear to do that, no.
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