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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (837647)2/19/2015 7:18:28 PM
From: D.Austin  Read Replies (2) of 1575446
 
The labor unions will never be satisfied....

Research Director at the Employment Policies Institute Michael Saltsman is applauding the voluntary increase, but is warning against using Walmart's move as a reason to mandate a minimum wage hike for others. He's also pointing out the devastating effect government mandated minimum wage hikes have on small business.

"Walmart’s decision to increase its store minimum wage to $10 an hour exemplifies how wages rise in a free economy: by choice, not by government mandate. Just because a $10 minimum wage is the right choice for Walmart, however, does not mean it should be mandated for all other businesses, regardless of industry or size," The rash of recent small business closures in San Francisco as a consequence of the city’s recently-passed 36 percent minimum wage hike highlights the folly of raising wages by fiat."

townhall.com
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