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DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » "$15/hr will kill small b... » Reply #73

Response to Calista241 (Reply #15)

Fri Feb 26, 2021, 03:48 PM

73. Yes to location specific.

Dependent on local cost of living. The current one-size-fits-all approach may have worked back when the economy was driven much more by small businesses, back before the corporatization of everything got rolling under Reagan in the 80s and before massive inequality, but it's outdated now.

In at least one state (Iowa) the GQP state gov't assholes blocked all past and future local minimum wage and employment benefits laws...

Another possible approach is the Swiss 1:12 Initiative that uses a maximum spread between top pay and bottom pay in a given organization.

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LineLineNew Reply Yes to location specific.
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