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re: Why not pass legislation that automatically raises minimum wage to inflation every 5 year?
Posted on 1/16/21 at 9:27 am to Tiguar
Posted on 1/16/21 at 9:27 am to Tiguar
quote:
Why raise it now just to have to have this fight again?
Don't know if this has been mentioned but the real reason for raising minimum wage is to pay off the unions.
Union contracts have a MW clause. So, if you are a union worker making $25/hr. and the minimum wage is raised to $15/hr then your wage must go up to $30/hr.
So, the more times the MW is raised the more times the union wages go up by contract terms.
Posted on 1/16/21 at 9:52 am to Zach
Then you will watch places close down and move to China.
This should totally be a state deal anyways.
This should totally be a state deal anyways.
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