DC's 'Living Wage' Bill Defeated

acesfull86

acesfull86

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WASHINGTON — An effort to require Wal-Mart and other large retailers to pay their employees a “living wage” of at least $12.50 an hour met its end Tuesday when the D.C. Council failed to override Mayor Vincent Gray’s veto.

The bill put Washington at the center of a national debate over compensation for low-wage workers — and whether some large companies should be required to pay more. Supporters said Wal-Mart can afford to pay higher wages, while opponents said the bill unfairly singled out certain businesses and would have a chilling effect on economic development.
 
It's a vicious cycle.

Raise minimum wage, prices go up (companies don't lose any money) a few lose their job and the rest don't make as much as they thought when they have to pay higher prices for everything.
 
I do not think that it's unfair for the government to treat businesses of varying sizes differently. Joe's corner shack does not have the same buying power that Walmart has. Bob's Burgers doesn't have the same buying power that McDonalds does.

Some industries have it easy. There are no small players in telecom. Everyone of them has millions to burn. But in nearly any other industry, there are big boys and small fish. And they shouldn't have the same rules governing them. It's the blanket coverage of laws that create issues like we have in the farming world.
 
zitothebrave said:
I do not think that it's unfair for the government to treat businesses of varying sizes differently. Joe's corner shack does not have the same buying power that Walmart has. Bob's Burgers doesn't have the same buying power that McDonalds does.

Some industries have it easy. There are no small players in telecom. Everyone of them has millions to burn. But in nearly any other industry, there are big boys and small fish. And they shouldn't have the same rules governing them. It's the blanket coverage of laws that create issues like we have in the farming world.
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UGH. Yeah, building a huge successful franchise is so easy. Ill go out and start one right now, BRB!
 
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