I’m in favour of a higher minimum wage. I don’t know if $15 is the right number, but I strongly feel that the escalation has been too fast, especially given the downturn. Maybe the first two were ok for catch up, but the next step should have been delayed and the $15 step put off even further.
My approach is no more scientific but it seems common sense to me that rapidly increasing wages in a short period of time must have an adverse affect on a business at least for a while.
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