Bloomberg BusinessWeek: Why a Minimum Wage Increase Divides Small Business
By Karen E. Klein
Bloomberg BusinessWeek, August 17, 2012
Excerpt:
... Historically, efforts to raise minimum wages have drawn staunch opposition from small business advocacy groups. But as U.S. income inequality has widened and economic studies have challenged the long-held notion that minimum wage increases suppress employment, small business owners and lobbyists are turning up on both sides of the debate. ...
In contrast to her counterparts at the U.S. Chamber of Commerce, which has staunchly opposed minimum wage increases, Margot Dorfman, chief executive of the U.S. Women’s Chamber of Commerce, supports an increase. “Raising...