(02-04-2021, 10:11 AM)homebiscuit Wrote:

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(02-04-2021, 10:10 AM)NYC4jags Wrote: There will be business very adversely affected by a dramatic hike in minimum wage.

It's a major issue.

The real culprit is allowing the wage to stagnate for many years while inflation marched onward making the wage even less than it appears, but a way forward must be found. 

The only way forward IMO, is to implement incremental adjustments. 
Individual companies will need to be allowed to apply for an implementation schedule that will not break them. 

Not, BOOM, every entry level employee earns $15 an hour! 

( I realize the hero pay ordinance is a separate thing - but it correlates to the national issue at hand)

I disagree. The real culprit is the left defining the minimum wage as a living wage. It was never intended for that.

Yeah. The "living wage" thing is actually a bit of a stretch for me too. 

This may be where we diverge:
Regardless if you believe it should be a living wage or not, it should increase at the similar rate as inflation IMO. 

I can understand a menial job carrying a menial salary in certain cases, but the salary should maintain its threshold vs inflation.

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