$15 dollar/hour minimum wage?

[DrLeftover]

District of Columbia clears path to vote on $15 per hour minimum wage

23 July
The District of Columbia could raise its minimum wage to $15 an hour by mid-2020 under a ballot initiative cleared this week, making it the latest U.S. city to consider raising base pay for hourly workers.

Washington's elections board on Wednesday allowed backers to start a petition drive that could put the $15-an-hour minimum wage on the November 2016 ballot.

If approved, the hike would raise Washington's minimum wage to above that of any other city on the East Coast. The U.S. capital's hourly base pay is $10.50 and is set to rise to $11.50 next year.

The ballot proposal calls for the minimum hourly wage to rise to $12.50 in July 2017 and to $15 three years later. It then would increase in line with inflation.

http://www.reuters.com/article/2015...tofcolumbia-minimumwage-idUSKCN0PX1WE20150723

 

[Webster]

...do those idiots know nothing about basic economics?

 

[WHO IS SERAFIN]

...do those idiots know nothing about basic economics?

In the world of liberalism common sense takes second place to a crazy ideology.

 

[+paradox]

...do those idiots know nothing about basic economics?

not sure you do either...