Chief Executive: Tracking the Pros and Cons of Increasing the Minimum Wage
By Dale Buss
Chief Executive, July 18 2014
From coast to coast and at every level of government and enterprise, in the midst of a slow-growth economy, pressures understandably are rising for higher minimum wages in the hopes they would boost household finances and, ultimately, consumer spending. But will they? ...
A survey by an activist group supporting that effort, “Business for a Fair Minimum Wage,” reports that “small business owners with employees are strongly in favor of raising the federal minimum wage to $10.10 and adjusting it to keep up with the cost of living in...